Huntington Beach, CA 92648 221 10th Street
$5,050,000
18 more
Presented By: Andre White with Pacific Sotheby's Int'l Realty; 949-378-9653
Baths • 1
SQFT • 7,214
Garage • 10
Home Details
Located just two blocks from the sand and a short walk to the iconic Huntington Beach Pier, 221 10th St is a rare opportunity to own a stabilized, income-producing property in the heart of Surf City USA. This well-maintained, fully rented 9-unit building features (4) one-bedroom and (5) two-bedroom units, each with private balconies or patios. Tenants enjoy updated interiors, a shared laundry room, and ample parking, including (10) single-car garages and (2) additional open spaces. Situated on an oversized 8,749 +/- sqft triple lot, this turnkey asset is within walking distance to Main Street, Pacific City, top restaurants, shopping, and year-round events. With unmatched proximity to the beach lifestyle that draws millions annually, this property offers both long-term value and immediate cash flow in one of Southern California’s most desirable coastal communities.
Presented By: Andre White with Pacific Sotheby's Int'l Realty; 949-378-9653
Interior Features for 221 10th Street
Other Interior Features
Common WallsNo Common Walls
Heating Y/NYes
Interior AmenitiesBalcony
Laundry FeaturesCommon Area, Laundry Room
Total Stories2
Other Rooms
Entry Level1
General for 221 10th Street
Additional Parcels Y/NNo
Building Area UnitsSquare Feet
Cap Rate4
CityHuntington Beach
Community FeaturesStreet Lights
Construction MaterialsStucco
CountyOrange
Current FinancingConventional
DirectionsOlive & 10th St
Electric Expense2457
Entry Location1
Garage Spaces10
Garage Y/NYes
Gross Income319942
HOANo
HOA Fee$
HeatingWall Furnace
Insurance Expense8100
Land Lease Y/NNo
LevelsTwo
Listing TermsCash, Cash to New Loan, 1031 Exchange
Lot Size Square Feet8712
Lot Size UnitsSquare Feet
MLS Area15 - West Huntington Beach
Net Operating Income203063
New ConstructionNo
Number Of Units Total9
Number of Units Leased9
Open Parking Spaces2
Operating Expense107281
Pool FeaturesNone
PossessionNegotiable
PostalCityHUNTINGTON BEACH
Property Attached Y/NNo
Property ConditionUpdated/Remodeled
Property Sub Type AdditionalMixed Use
Property SubtypeMixed Use
Property TypeResidential Income
Rent Control Y/NNo
Security FeaturesCarbon Monoxide Detector(s), Smoke Detector(s)
Senior Community Y/NNo
SewerPublic Sewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count2
Tax Lot19
Taxes$57,896
Tenant PaysElectricity, Gas
Total Actual Rent25769
Trash Expense2457
UtilitiesSewer Connected
ViewPeek-A-Boo
Water Sewer Expense2457
Year Built1973
Year Built SourceAssessor
Exterior for 221 10th Street
Building Area Total7214
Exterior AmenitiesLighting, Rain Gutters
FencingWood
Foundation DetailsSlab
Lot Dimensions75x117
Lot FeaturesSprinklers In Front
Lot Size Acres0.2
Lot Size Area8712
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters9
Number of Separate Gas Meters9
Number of Separate Water Meters1
Parking FeaturesGarage
Private PoolNo
Road Surface TypeAlley Paved
SpaNo
Total Parking12
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Josh Russell
Realtor®