Huntington Beach, CA 92648 1015 Georgia Street
$2,600,000
2 more
Presented By: Leo Betancourt with RE/MAX TerraSol; 714-308-7838
Beds • 10
Full/Half Baths • 5 / 1
SQFT • 4,665
Garage • 8
Year Built • 1978
Home Details
A rare, well maintained 5 unit multi-family property located near downtown Huntington Beach. This property is currently occupied with great tenants, 4 of which are on leases and one month to month. There are 3 units with 2 bedrooms, 1 unit that has 3 bedrooms and 1 studio apt. There are 4 single car garages to the front of the building and a separate 2 car garage located to the rear of the property. Each unit is separately metered and the entire property is professionaly managed by a property managment company. However, this property can easily be maintained by an owner/manager and would increase your cap rate. The property is conveniently located just a short distance to downtown, the pier and the beach.
Presented By: Leo Betancourt with RE/MAX TerraSol; 714-308-7838
Interior Features for 1015 Georgia Street
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesCommonArea
Total Stories2
Other Rooms
Entry Level1
General for 1015 Georgia Street
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate3.5
Carport Y/NNo
CityHuntington Beach
Community FeaturesCurbs, StormDrains, StreetLights, Sidewalks
CountyOrange
DirectionsDIRECTIONS: Northbound on Beach Blvd, turn left on Indianapolis and turn right onto Georgia Street.
Electric Expense2694.0
Electric On Property Y/NNo
Entry Location1
Garage Spaces8.0
Garage Y/NYes
Gross Income132313.0
HOANo
HeatingCentral
Home Warranty Y/NNo
Insurance Expense2553.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCashToNewLoan, Conventional, FannieMae
Lot Size Square Feet7405.0
Lot Size UnitsSquareFeet
MLS Area15 - West Huntington Beach
MaintenanceExpense255.0
MobileHomeRemainsYNNo
Net Operating Income91078.0
New ConstructionNo
Number Of Units Total5
Operating Expense41235.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalMixedUse
Property SubtypeMixedUse
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsTrust
Standard StatusActive
StatusActive
Subdivision NameHuntington West (HWST)
Tax LotB
Trash Expense2375.0
UtilitiesNaturalGasConnected, WaterConnected
Water Sewer Expense2371.0
Year Built1978
Year Built SourceAssessor
Exterior for 1015 Georgia Street
Building Area Total4665.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesZeroToOneUnitAcre
Lot Size Acres0.17
Lot Size Area7405.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters5
Number of Separate Gas Meters5
Number of Separate Water Meters5
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking8.0
Water SourcePublic
WaterfrontY/NNo
Additional Details
Price History
Clayton Bond
Sales Associate
Price
$2,600,000
MLS#OC25106441
List Date
05/19/2025
Property Type
Multi-Family
Phone
(949) 290-7647
