221 10th Street, Huntington Beach, California 92648, Huntington Beach, 92648 - bed, bath
ACTIVE$5,250,000
221 10th Street, Huntington Beach, California 92648
0Bed
0Bath
7,214Sqft
8,712Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Great Schools: Elementary School: Huntington Seacliff Elementary School (9/10). High School: Huntington Beach High School (9/10).
Top Cons:
Building Age & Potential Capital Expenditures: Constructed in 1973, the property's age may necessitate future capital investments in major systems (e.g., plumbing, electrical, roof) to maintain its condition and efficiency, despite updated interiors.
Compared to the nearby listings
Compared against 0 nearby listings
More Insights
Built in 1973 (52 years old).
Condition: The property, built in 1973, features 'updated interiors' as explicitly stated in the description. This is strongly supported by the images, which showcase recently renovated kitchens and bathrooms with modern white shaker cabinets, contemporary fixtures, LVP flooring, and subway tile. These updates appear to be within the last 5-15 years, making the individual units move-in ready and aesthetically current. While the overall building structure is older, the significant interior renovations and well-maintained appearance align with the 'Good' condition criteria for properties extensively renovated within the last 5 to 15 years.
Year Built
1973
Close
-
List price
$5.25M
Original List price
$5.4M
Price/Sqft
$728
HOA
-
Days on market
-
Sold On
-
MLS number
NP25128596
Home ConditionGood
Features
Good View: Peek-A-Boo
Patio
ViewPeek-A-Boo
About this home
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.
Nearby schools
8/10
Agnes L. Smith Elementary School
Public,•K-5•0.5mi
7/10
John R. Peterson Elementary School
Public,•K-5•1.2mi
9/10
Huntington Seacliff Elementary School
Public,•K-5•1.7mi
6/10
Joseph R. Perry Elementary School
Public,•K-5•2.0mi
7/10
Ethel Dwyer Middle School
Public,•6-8•0.4mi
8/10
Isaac L. Sowers Middle School
Public,•6-8•2.3mi
9/10
Huntington Beach High School
Public,•9-12•1.1mi
9/10
Edison High School
Public,•9-12•2.0mi
Condition Rating
Good
The property, built in 1973, features 'updated interiors' as explicitly stated in the description. This is strongly supported by the images, which showcase recently renovated kitchens and bathrooms with modern white shaker cabinets, contemporary fixtures, LVP flooring, and subway tile. These updates appear to be within the last 5-15 years, making the individual units move-in ready and aesthetically current. While the overall building structure is older, the significant interior renovations and well-maintained appearance align with the 'Good' condition criteria for properties extensively renovated within the last 5 to 15 years.
Pros & Cons
Pros
Great Schools: Elementary School: Huntington Seacliff Elementary School (9/10). High School: Huntington Beach High School (9/10).
Exceptional Coastal Location: Unbeatable proximity, just two blocks from the sand and a short walk to the iconic Huntington Beach Pier, Main Street, Pacific City, and vibrant local amenities, ensuring high tenant demand and long-term value.
Robust Income-Generating Asset: A fully rented, stabilized 9-unit multi-family property offering immediate cash flow and long-term investment value in a highly desirable coastal market.
Desirable Unit Features & Mix: Comprising a balanced mix of 1- and 2-bedroom units, each boasting updated interiors and private balconies/patios, enhancing tenant satisfaction and retention.
Generous Parking Provisions: Offers significant tenant convenience with 10 single-car garages and 2 additional open parking spaces, a premium amenity in this dense coastal environment.
Substantial Lot Size: Situated on an oversized 8,749 sqft triple lot, providing potential for future value appreciation, expansion, or redevelopment opportunities in a high-demand area.
Cons
Building Age & Potential Capital Expenditures: Constructed in 1973, the property's age may necessitate future capital investments in major systems (e.g., plumbing, electrical, roof) to maintain its condition and efficiency, despite updated interiors.
Limited Ocean View: Despite its close proximity to the beach, the property offers only a 'Peek-A-Boo' view, which may not fully capitalize on its prime coastal positioning for premium rents or resale value compared to properties with unobstructed ocean views.
Recent Price Adjustment: A recent reduction in the listing price from $5.4M to $5.25M could indicate market resistance at the initial price point or a strategic adjustment, potentially signaling a longer sales cycle or perceived overvaluation.