18942 Delaware Street, Huntington Beach, CA, CA 92648

$5,000,000
24
BD
22
BA
12,596
SqFt

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List Price
$5,000,000
Status
ACTIVE UNDER CONTRACT
MLS#
26860227
County
Orange
Year Built
1985
Bedrooms
24
Bathrooms
22
Building Square Feet
12,596
Square Feet
20,996
Days on Market
14
Property Type
Multifamily
Stories
Two Levels

Property Description

Located at 18942 and 18962 Delaware Street, this rare 10-unit Huntington Beach offering is one of only three properties of its size currently available for sale. 8 of the 10 units are spacious three-bedroom townhomes with direct-access garages. Current rents sit below established market rates, presenting a clear path to growth through natural turnover and targeted interior improvements. Built in 1985 with generous floor plans and superior structural quality, this is a durable asset in one of the most desirable coastal markets.

Additional Information

Parcel Number
15912139
Net Operating Income
$223,924
Number of Buildings
1
Heat
None
Garage Spaces Total
18

Listing courtesy of Listing Agent: Michael O'Neill II (Mike.Oneill@cbre.com) from Listing Office: CB Richard Ellis, Inc..

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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.