Keegan Cin | Realtor® | License # DRE 01971604

Property

Huntington Beach, CA 92648 425 13th Street

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Presented By: Benjamin Lalezari with Realty Investment Advisors, Inc.;
  • MLS# 25524221
  • 04/15/2025
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  • Beds • 8
  • Baths • 6
  • SQFT • 4,762
  • Garage • 6
  • Year Built • 1970

Home Details

Prime 6-Unit Investment Opportunity in Huntington Beach Situated just minutes from the coast, 425 13th Street presents a rare chance to acquire a well-maintained 6-unit multifamily property in one of Southern California's most sought-after beachfront markets. Each unit features its own private enclosed garage an in-demand perk for both tenants and property owners. Additionally, the property offers four extra open parking spaces. In December 2024, the entire property underwent a complete repipe, and most of the interiors have been updated with new flooring, windows, appliances, and more. With no city-level rent control, and the property falling under AB-1482, landlords enjoy greater flexibility with rent increases in this high-demand rental area. Furthermore, five of the six units feature balconies or patios, providing valuable outdoor space for tenants. This marks the first time the property has been available on the market since the original owner acquired it directly from the developer, making it a truly unique opportunity with pride of ownership throughout. Whether you're an experienced investor or seeking to add a stable beachside asset to your portfolio, 425 13th Street offers a prime location, strong long-term growth potential, and current rental income. DO NOT DISTURB THE TENANTS.
Presented By: Benjamin Lalezari with Realty Investment Advisors, Inc.;

Interior Features for 425 13th Street

Bedrooms

Total Bedrooms8

Bathrooms

Half Baths0
Total Baths6
1/4 Baths
3/4 Baths

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesCommonArea
LivingAreaSourceAssessor
Total Stories2

General for 425 13th Street

Additional Parcels Y/NNo
Attached Garage No
Cap Rate2.11
Carport Y/NNo
CityHuntington Beach
CoolingNone
CountyOrange
DirectionsSouth on Pecan Ave, West on 13th St
Electric On Property Y/NNo
Full Baths
Garage Spaces6.0
Garage Y/NYes
Gross Income119540.0
HOANo
HeatingWallFurnace
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet5663.0
Lot Size UnitsSquareFeet
MLS Area15 - West Huntington Beach
MobileHomeRemainsYNNo
Net Operating Income63180.0
New ConstructionNo
Number Of Units Total6
Open Parking Spaces4.0
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Waterfront Y/NNo
Year Built1970

Exterior for 425 13th Street

Building Area Total4762.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions50x115
Lot Size Acres0.13
Lot Size Area5663.0
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesDoorSingle, Garage, OneSpace
Private PoolNo
SpaNo
Total Parking10.0

Additional Details

Price History

Alexandra Eston

Sales Associate
Price $2,995,000
MLS#25524221
List Date 04/15/2025
Property Type Multi-Family
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