405 12th, Huntington Beach, California 92648, Huntington Beach, 92648 - 0 bed, 0 bath
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405 12th
Huntington Beach, California 92648
ACTIVE
CONDITION: FAIR
0Beds
0Baths
4,368Sq Ft
5,751Lot Size
Property Price
LIST PRICE$2,900,000
EST. MARKET VALUE
$2,894,997
SUMMARY
This Quadruplex Residential Income Asset represents a High-Potential Investment Opportunity, listed at a List Price of $2,900,000—positioned well below the $2,894,998 Fair Market Value by a negligible margin, reflecting a stable market entry. With a Fair Condition Rating, the property offers significant value-add potential through interior modernization. Located in a prime coastal corridor near top-rated schools like Huntington Beach High, this asset provides strong rental demand. It is an ideal acquisition for Buy-and-Hold Investors or Portfolio Diversifiers seeking long-term growth in a premier market.
Estimated Market Value
$2,894,997
Based on Realkey algorithm analyzing recent comparable sales in Huntington Beach.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 405 12th Subject 0 bd · 0 ba · 4,368 sqft · $663 | $2,900,000* List Price | 0 | 0 | 4,368 | $663 | - |
A 119 14th Street Active Under Contract 0 bd · 0 ba · 4,316 sqft · $660 · 0.2 mi | $2,849,000 List Price | 0 | 0 | 4,316 | $660 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1966, this 58-year-old property falls into the 'Fair' category due to its age exceeding 20 years. While the exterior shows evidence of good maintenance and updated windows, the age of the structure suggests that interior finishes (kitchens/baths) and major systems likely require modernization to meet current 'Good' or 'Excellent' standards.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Huntington Seacliff Elementary School (9/10). High School: Huntington Beach High School (9/10).
- Prime Coastal Location
Situated just blocks from the beach and downtown Huntington Beach, this property offers high desirability for tenants and strong long-term land value in a premier coastal market.
- Exceptional School District
The property is served by top-rated schools, including Huntington Beach High and Smith Elementary, which consistently attract high-quality, long-term residents and support property value.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
Built in 1966, the property may require significant capital expenditures for system upgrades or structural modernization to remain competitive with newer area developments.
- Premium Entry Point
With a list price of $2.9 million, the high acquisition cost may result in a lower initial capitalization rate, requiring aggressive management to optimize return on investment.
About 405 12th
Exceptional opportunity in Huntington Beach. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1966
- Lot Size
- 5,751 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Huntington Beach Unified Schools
Agnes L. Smith Elementary School
Grades K-5 • 0.4 mi
8/10
John R. Peterson Elementary School
Grades K-5 • 1.2 mi
7/10
Huntington Seacliff Elementary School
Grades K-5 • 1.5 mi
9/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 2.0 |
| Square foot | 4,368 | 3,740.111 |
| Lot Size | 5,751 | 7,236.889 |
| Price | $2.90M | $1.94M |
| Price per sq ft | $664 | $531 |
| Built year | 1966 | 1967 |
| HOA | $0 | $0 |
| Days on market | 11 | 52 |
Pricing History
Listed for Sale
Oct 14, 2026
$2,900,000
Initial Listing
Sold
Dec 12, 2019
$1,850,000
Public Record
Sold
Sep 28, 2018
$1,915,000
Public Record