319 15Th St, Huntington Beach, CA 92648
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319 15Th St Huntington Beach, CA 92648

$3,200,000
  • 10 Beds
  • 8 Baths
  • 4,825 Sq.Ft.
For Sale
$3,200,000 Get Pre-Qualified

Map preview of 319 15Th St, Huntington Beach, CA 92648

Property Overview: 319 15Th St Huntington Beach, CA has 10 bedrooms, 8 bathrooms, 4,825 living square feet and 5,663 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: We are pleased to present this wonderful beachside apartment complex built in 1972, a rare investment opportunity in Huntington Beach. The property is conveniently located within walking distance to downtown Huntington Beach and also Pacific City, both highly desirable locations with lots of shopping, restaurants and entertainment. Each unit has an enclosed garage with remote garage doors. The building has been well maintained with large units. Investors have the opportunity to acquire a prime property with steady cash flow and potential for value add appreciation. With a 5.2% cap rate on market rents the property has huge upside potential. Don’t miss out on this exceptional chance to own a well-maintained and profitable investment property in a prime location.

Listed by Gary Tolfa | BRE #00955403 | Triqor Group
Last checked: 1 minute ago | Last updated: January 9th, 2024 | Source CRMLS | DOM: 248
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Home details

Lot Sq. Ft
5,663
HOA Dues
$0/mo
Year built
1972
Garage
6 Car
Property Type:
Apartment
Status
Active
MLS#
PW23124047
City
Huntington Beach
County
Orange
Time on Site
288 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 1
  • # of Electric Meters: 6
  • # of Gas Meters: 6
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 4
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,070
  • Total Rent: $8,280
  • Pro Forma/Market Rent: $2,750
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,470
  • Total Rent: $2,470
  • Pro Forma/Market Rent: $3,850
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,260
  • Total Rent: $2,260
  • Pro Forma/Market Rent: $3,975
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $156,120
  • Net Operating Income: $98,837
  • Gross Operating Income: --
  • Vacancy Allowance: $4,684
Annual Expense Breakdown
  • Total Operating Expense: $52,600
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Professional Management: $0
  • Water/Sewer: $0

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Property Details for 319 15Th St

Interior Features
Laundry Information
  • Has Laundry
  • Community
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 6
  • # of Parking Spaces: 6
Lot Information
  • Lot Features: Rectangular Lot
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 6
  • Parcel Number: 02315807
  • Year Built Source: Public Records
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Huntington West (HWST)
  • Directions: Contact Agent.
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

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Sale History for 319 15Th St

Last sold on June 24th, 2005
  • July, 2023

  • Jul 14, 2023

    Date

    Active

    CRMLS: PW23124047

    $3,200,000

    Price

  • June, 2005

  • Jun 24, 2005

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 319 15Th St

Assessed Value (2020): $248,419
Year Land Value Improved Value Assessed Value
2020 $62,782 $185,637 $248,419

Home Value Compared to the Market

This property vs the competition

319 15Th St is listed 137.06% higher than the median list price for the city of Huntington Beach which has a median list price of $1,349,888. The median price per/sqft for Huntington Beach is $776 and this home is listed at $663.21 per/sqft which puts the price per square foot 14.53% lower than the median price per square foot for the city of Huntington Beach.

About 319 15Th St

Detailed summary of property

319 15Th St is a apartment located in Huntington Beach, CA 92648 and is currently for sale. This apartment offers 10 bedrooms, 8 bathrooms, roughly 4,825 living square feet, and sits on an approximately 5,663 square foot lot. 319 15Th St was first listed on ArdentRealEstateGroup.com on July 14, 2023. The homeowner is currently asking $3,200,000. The median priced home in Huntington Beach is $1,349,888 with a median price per square foot of $776. Based on Ardent Real Estate Group's Huntington Beach Market Data, this home is listed 137.06% higher than the median priced home. Local competing homes currently for sale include 213 41st St, 213 41st St and 208 41st St. While the average home in Huntington Beach, CA is selling in 59 days, 319 15Th St has a days on market of 248 days. There are currently 291 homes for sale in the Huntington Beach real estate market and 197 of them are single family homes while 65 of them are condos and 29 are townhomes. For more information on this home for sale at 319 15Th St Huntington Beach, CA 92648 contact Ardent Real Estate Group and we will put you in touch with one of our Huntington Beach agents.

Public Facts for 319 15Th St

Public county record property details
Beds
--
Baths
--
Year built
1972
Sq. Ft.
4,804
Lot Size
5,811
Stories
2
Type
Apartments (Generic)
Pool
No
Spa
No
County
Orange
Lot#
17
APN
023-158-07

The source for these homes facts are from public records.

92648 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,499,000
Median List Price/Sq.Ft.
$783
Median Sold Price
$1,385,000
Median Sold Price/Sq.Ft.
$753
Total Inventory
101
Median Sale to List Price %
93.9%
Avg Days on Market
37
Loan Type
Conventional (34.62%), FHA (0%), VA (3.85%), Cash (42.31%), Other (19.23%)

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Related Resources to 319 15Th St

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.