15th Street Apartments

Huntington Beach is a seaside city in Orange County in Southern California, located 35 miles (56 km) southeast of Downtown Los Angeles. The population was 198,711 as of the 2020 census, making it the fourth most populous city in Orange County, the most populous beach city in Orange County and the seventh most populous city in the Los Angeles-Long Beach-Anaheim, CA Metropolitan Statistical Area. Huntington Beach is known for its long 9.5-mile stretch of sandy beach, mild climate, excellent surfing, and beach culture. The ocean waves are enhanced by a natural effect caused by the edge-diffraction of open ocean swells around Santa Catalina Island. Swells generated predominantly from the North Pacific in winter and from a combination of Southern Hemisphere storms and hurricanes in the summer focus on Huntington Beach, creating consistent surf all year long, hence the nickname “Surf City”.425 15th Street is a turnkey four-unit multifamily property located in the highly desirable Downtown Huntington Beach neighborhood, just a short walk from the Pacific Ocean. Situated on a large corner lot, the property offers approximately 4,081 square feet of living space and features a well-balanced unit mix of one 3-bedroom unit, two 2-bedroom units, and one 1-bedroom unit. This asset has undergone extensive renovations, including new exterior paint, roof, doors, and windows, providing a low-maintenance investment profile. All units feature upgraded flooring, granite countertops, tile kitchen backsplashes, stainless steel appliances, private patios, and renovated bathrooms, with select units offering fireplaces for added tenant appeal. Additional amenities include six garage spaces, on-site laundry, and a courtyard-style setting that enhances livability. Positioned just blocks from the beach, Main Street, and the Huntington Beach Pier, the property benefits from exceptional walkability and access to premier coastal dining, retail, and entertainment. The surrounding area is supported by a strong local economy driven by tourism, hospitality, and professional services, ensuring consistent rental demand. With its turnkey condition, comprehensive interior and exterior upgrades, and prime coastal location, 425 15th Street presents a rare opportunity to acquire a stabilized asset in one of Orange County’s most sought-after rental markets.