
Huntington Beach, California 92648
This 4-unit Residential Income Asset is a High-Potential Investment Opportunity, listed at $2,849,000—positioned slightly above the $2,755,148 Fair Market Value. While the price reflects the scarcity of the "100 Block" location, the property features a Condition Rating of 4, bolstered by a 2024 roof and updated electrical panels. With a unit mix including a 3BR/2.5BA owner's unit and seven garages, it offers significant rental upside. This is an ideal acquisition for Buy-and-Hold Investors or 1031 Exchange Buyers seeking a supply-constrained coastal enclave.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 123 14th Street Subject | $2,849,000* List Price | 0 | 0 | 4,316 | $638 | - |
A 222 20th Sold | $2,600,000 | 0 | 0 | 3,885 | $669 | 0.3 mi |
B 119 14th Street Active | $2,849,000 List Price | 0 | 0 | 4,316 | $660 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1973, the property is over 50 years old; however, it avoids a 'poor' or 'tear-down' rating due to significant recent system updates including a new roof (2024) and newer electrical panels. The lack of mention regarding interior renovations suggests kitchens and bathrooms are likely dated and require modernization.
Elementary School: Huntington Seacliff Elementary School (9/10). High School: Huntington Beach High School (9/10).
Situated in the prestigious '100 Block' just steps from the sand and Pacific City, this property occupies a rare, supply-constrained location with exceptionally high tenant demand.
The property features a brand-new roof installed in 2024 and updated electrical panels, significantly reducing immediate capital expenditure requirements for a new investor.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5750, other record lot size in square feet = 5376. Living area discrepancy between mls listing and other public or private record. mls listing living area = 4316, other record living area = 920.
Built in 1973, the property may still feature original plumbing or interior finishes that require modernization to achieve top-of-market rental rates.
The premium list price reflects its trophy location, which likely results in a lower initial capitalization rate, appealing more to equity-growth investors than high-yield seekers.
123 14th Street is a 4-unit coastal multifamily property built in 1973, with a new roof completed in 2024, and newer electrical panels. The unit mix comprises one 3BR/2.5BA, two 2BR/2BA, and one 2BR/1.5BA, complemented by seven single-car garages, patios, balconies, on-site laundry, and a fireplace in the 3BR unit. Set in a prestigious "100 Block" location — something that rarely comes available — the property is just steps from the sand. It is also mere minutes from Pacific City, a 31-acre oceanfront hub with 60+ retail and dining options, in addition to the bustling culinary, shopping, and social scene on Main Street. Downtown Huntington Beach is the epitome of a supply-constrained coastal enclave, perfect for investors seeking irreplaceable assets.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 1.5 mi
Grades K-5 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 2.0 |
| Square foot | 4,316 | 3,755.571 |
| Lot Size | 5,750 | 7,158 |
| Price | $2.85M | $1.85M |
| Price per sq ft | $660 | $535 |
| Built year | 1973 | 1966 |
| HOA | $0 | $0 |
| Days on market | 12 | 50 |
Aug 28, 2026
$2,849,000
Initial Listing