
Huntington Beach, California 92648
This High-Potential Investment Opportunity is a stabilized 9-unit Mixed Use Asset listed at $5,050,000, positioned well below the $5,110,716 Fair Market Value by 1%. Featuring a Condition Rating of 2, this turnkey property offers $60,716 in Instant Equity. With 10 single-car garages, updated interiors, and proximity to Top-Rated Schools like Huntington Beach High, it provides immediate cash flow in a prime coastal location. This is an ideal acquisition for Buy-and-Hold Investors or Portfolio Managers seeking a stable, income-producing coastal asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 221 10th Street Subject | $5,050,000* List Price | 0 | 0 | 7,214 | $708 | - |
A 1401 Olive Sold | $4,130,000 | 0 | 0 | 5,876 | $703 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1973, the property has undergone significant recent renovations (likely <5 years) as evidenced by the modern white shaker cabinetry, stone countertops, and luxury vinyl plank flooring shown in the interior photos. The listing describes the asset as turnkey and well-maintained with updated interiors, qualifying it for the top tier despite its chronological age.
Elementary School: Huntington Seacliff Elementary School (9/10). High School: Huntington Beach High School (9/10).
Situated just two blocks from the sand and within walking distance to the Huntington Beach Pier and Main Street, this property commands premium rental rates due to its proximity to world-class amenities.
As a fully rented, stabilized 9-unit building with updated interiors, the property offers immediate cash flow and a diversified unit mix of one- and two-bedroom floor plans.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8712, other record lot size in square feet = 8813. Living area discrepancy between mls listing and other public or private record. mls listing living area = 7214, other record living area = 5313.
Built in 1973, the property may require higher long-term maintenance reserves for aging plumbing, electrical, and structural components compared to newer coastal developments.
Despite the proximity to the ocean, the property only offers 'peek-a-boo' views, which may limit the appreciation potential compared to neighboring properties with unobstructed panoramic vistas.
Located just two blocks from the sand and a short walk to the iconic Huntington Beach Pier, 221 10th St is a rare opportunity to own a stabilized, income-producing property in the heart of Surf City USA. This well-maintained, fully rented 9-unit building features (4) one-bedroom and (5) two-bedroom units, each with private balconies or patios. Tenants enjoy updated interiors, a shared laundry room, and ample parking, including (10) single-car garages and (2) additional open spaces. Situated on an oversized 8,749 +/- sqft triple lot, this turnkey asset is within walking distance to Main Street, Pacific City, top restaurants, shopping, and year-round events. With unmatched proximity to the beach lifestyle that draws millions annually, this property offers both long-term value and immediate cash flow in one of Southern California’s most desirable coastal communities.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 1.2 mi
Grades K-5 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 7,214 | - |
| Lot Size | 8,712 | - |
| Price | $5.05M | $3.01M |
| Price per sq ft | $700 | $551 |
| Built year | 1973 | 0 |
| HOA | $0 | $0 |
| Days on market | 16 | 76 |
Jul 6, 2026
$5,050,000
Initial Listing
Mar 21, 2022
$4,751,000
Public Record