Log In/Sign Up
Your email has been sent.
119 14th St 8 Unit Apartment Building Offered at $7,886,032 CAD at a 2.32% Cap Rate Huntington Beach, CA 92648
Investment Highlights
- Incredible "100 Block" Location in Downtown
- 2- and 3-Bedroom Units
- Steps to the Sand; Minutes to Main Street and Pacific City
- Abundant Parking - 14 Total Garages
- Two Adjacent 4-Plexes; Eligible for Residential Financing
- Recent Capital Improvements - New Roofs, Electrical Panels, and Decks
Executive Summary
Rarely available 8-unit investment, consisting of two adjacent fourplexes on separate parcels (123 14th St. is the other address; $2,849,000 per 4plex). Originally built in 1973, the buildings have new roofs completed in 2024 and newer electrical panels. The total unit mix consists of (2) 3BR/2.5BA, (4) 2BR/2BA, and (2) 2BR/1.5BA, complemented by 14 single-car garages, patios, balconies, on-site laundry, and fireplaces in the 3-bedroom units. Set in a prestigious "100 Block" location, the properties are just steps from the sand. They are also mere minutes from Pacific City, a 31-acre oceanfront hub with 60+ retail and dining options, in addition to the bustling culinary, shopping, and social scene on Main Street. Downtown Huntington Beach is the epitome of a supple-constrained coastal enclave, perfect for investors seeking irreplaceable assets.
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$328,340
|
$38.04
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$9,842
|
$1.14
|
| Effective Gross Income |
$318,499
|
$36.90
|
| Taxes |
$89,758
|
$10.40
|
| Operating Expenses |
$46,035
|
$5.33
|
| Total Expenses |
$135,793
|
$15.73
|
| Net Operating Income |
$182,706
|
$21.17
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $328,340 |
| Annual Per SF | $38.04 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $9,842 |
| Annual Per SF | $1.14 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $318,499 |
| Annual Per SF | $36.90 |
| Taxes (CAD) | |
|---|---|
| Annual | $89,758 |
| Annual Per SF | $10.40 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $46,035 |
| Annual Per SF | $5.33 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $135,793 |
| Annual Per SF | $15.73 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $182,706 |
| Annual Per SF | $21.17 |
Property Facts
| Price | $7,886,032 CAD | Apartment Style | Garden |
| Price Per Unit | $985,754 CAD | Lot Size | 0.26 AC |
| Sale Type | Investment | Building Size | 8,632 SF |
| Cap Rate | 2.32% | Average Occupancy | 100% |
| Gross Rent Multiplier | 24.01 | No. Stories | 2 |
| No. Units | 8 | Year Built | 1973 |
| Property Type | Multifamily | Parking Ratio | 1.62/1,000 SF |
| Price | $7,886,032 CAD |
| Price Per Unit | $985,754 CAD |
| Sale Type | Investment |
| Cap Rate | 2.32% |
| Gross Rent Multiplier | 24.01 |
| No. Units | 8 |
| Property Type | Multifamily |
| Apartment Style | Garden |
| Lot Size | 0.26 AC |
| Building Size | 8,632 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1973 |
| Parking Ratio | 1.62/1,000 SF |
Amenities
Unit Amenities
- Balcony
- Patio
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1.5 | 2 | $3,100 CAD | - |
| 2+2 | 4 | $3,262 CAD | - |
| 3+2.5 | 2 | $3,951 CAD | - |
1 1
Fairly walkable
40/100
Moderately drivable
70/100
Limited public transit
30/100
Moderately bikeable
70/100
Property Taxes
| Parcel Numbers | Total Assessment | $7,640,236 CAD (2026) | |
| Land Assessment | $6,961,729 CAD (2026) | Annual Taxes | $89,758 CAD ($10.40 CAD/SF) |
| Improvements Assessment | $678,507 CAD (2026) | Tax Year | 2025 |
Property Taxes
Parcel Numbers
Land Assessment
$6,961,729 CAD (2026)
Improvements Assessment
$678,507 CAD (2026)
Total Assessment
$7,640,236 CAD (2026)
Annual Taxes
$89,758 CAD ($10.40 CAD/SF)
Tax Year
2025
1 of 12
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
119 14th St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.