123 6th Street, Huntington Beach, CA 92648

$5,000,000

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Sold Price
$5,000,000
List Price
$5,675,000
Closing Date
Apr 04, 2024
Status
CLOSED
MLS#
PW23179086
Year Built
1926
Lot Size
8,712
Acres
0.20
Lot Location
Corner Lot
Days on Market
127
Property Type
Multifamily
Property Sub Type
Apartment
Stories
Two Levels

Property Description

Offered for the first time in more than 40 years, we are pleased to present 123 6th Street (also listed at 605 Walnut Avenue). At 15 units, this is one of the larger multifamily properties in downtown. Ideally located on the “100 Block,” residents are just steps from the beach, The Strand, and Main Street. By updating the units and bringing rents closer to market levels, the new owner can take advantage of enormous upside potential. The entire building was re-piped in 2005, and the electrical system was upgraded in 2004. Additionally, the roof was replaced in 2012, while the windows were redone in 2015.

Additional Information

Pool Description
None
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
15
Gross Scheduled Income
$211,860
Operating Expense
99459

Listing courtesy of Listing Agent: Damien Breaux (db@morganskenderian.com) from Listing Office: Morgan Skenderian.

Listing sold by Rick Applebaum from Morgan Skenderian

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.