
Huntington Beach, California 92648
This High-Potential Investment Opportunity is a turnkey triplex listed at $1,975,000, positioned well below the $2,047,548 Fair Market Value by 3%. This valuation gap offers $72,548 in Instant Equity. Featuring an Excellent Condition Rating following a 2022-2023 renovation, the property includes luxury vinyl plank flooring and central HVAC. Located 1.5 miles from the beach near top-rated schools like Huntington Beach High, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a high-performing, low-maintenance coastal asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1209 Florida Street Subject | $1,975,000* List Price | 0 | 0 | 2,322 | $827 | - |
A 303 Alabama Sold | $1,940,000 | 0 | 0 | 2,000 | $970 | 0.7 mi |
B 1701 Lake Street Sold | $1,850,000 | 0 | 0 | 2,864 | $646 | 0.5 mi |
C 1701 Lake Street Sold | $1,850,000 | 4 | 2 | 2,864 | $646 | 0.5 mi |
D 402 Indianapolis Avenue Sold | $1,915,000 | 0 | 0 | 1,873 | $1,022 | 0.3 mi |
E 319 14th Street B Sold | $2,029,000 | 0 | 0 | 2,334 | $869 | 1.0 mi |
F 204 Springfield Avenue Active | $1,975,000 List Price | 0 | 0 | 2,639 | $748 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property was completely renovated in 2022-2023, which is within the <5 year renovation window for an Excellent rating. It features modern shaker-style cabinetry, stainless steel appliances, luxury vinyl plank flooring, and updated central heating and air conditioning systems.
Elementary School: Huntington Seacliff Elementary School (9/10). High School: Huntington Beach High School (9/10).
Completely remodeled in 2022-2023 with luxury vinyl plank flooring, stainless steel appliances, and new shaker cabinetry, providing a low-maintenance, high-end asset for immediate occupancy.
Rare features for a triplex including private garages plus additional off-street parking, central air conditioning, private laundry, and dedicated outdoor yard or patio spaces for every unit.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6970, other record lot size in square feet = 6884.
With a list price of nearly $2 million, the high price per unit may result in tighter initial capitalization rates for investors compared to other regional multifamily opportunities.
The property consists exclusively of 2-bedroom, 1-bathroom layouts, which lacks the unit-mix diversity needed to attract a broader range of tenant demographics such as larger families.
Prime Huntington Beach triplex 1.5 miles from the beach! This charming one-story triplex offers three pristine 2-bedroom, 1-bathroom units, each with bright, open floor plans. Every unit features its own private one-car garage with an additional off-street parking space behind the garage. The rear unit boasts a spacious private covered patio and expansive yard area with direct garage access, creating the feel of living in a charming single-family home with a peaceful outdoor retreat. Unit A also enjoys a generous front yard space, perfect for BBQs and relaxing with friends and family. The units have been completely renovated most recently in 2022-2023 and showcase luxury vinyl plank flooring, stainless steel appliances, fresh paint, new shaker-style cabinetry, new tub/shower surrounds, charming vanities, and central heating and air conditioning. Located in a desirable neighborhood with a harmonious mix of residential homes and well-maintained multifamily properties, this triplex offers both pride of ownership and strong tenant appeal featuring amenities that tenants desire; including private laundry, garage parking, air conditioning, and private yard space, all in desirable downtown Huntington Beach. 1209 Florida Street is a high-performing asset that is a feather in the cap of any real estate portfolio.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.9 mi
Grades K-5 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 2,322 | 4,090 |
| Lot Size | 6,970 | 8,069.5 |
| Price | $1.98M | $1.91M |
| Price per sq ft | $851 | $531 |
| Built year | 1962 | 1969 |
| HOA | $0 | $0 |
| Days on market | 44 | 56 |
Jun 8, 2026
$1,975,000
Initial Listing
Jul 29, 2022
$1,525,000
Public Record