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    2006 California St Huntington Beach, CA 92648

    View on Map
    Sponsored
    For Sale
    $1,850,000

    Cottage, Triplex - Huntington Beach, CA

    Type:Triplex
    Property size:
    3,071 SF
    Lot size:
    6,534.00 Acres
    Days on Market:
    2
    Last Refresh:
    Mar 16 at 10:06 am

    Property Features for 2006 California St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Triplex
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Laundry, Living Room
    Bedrooms
    6
    Bathrooms
    5
    APN
    02508113
    Parking
    5
    Parking features
    Driveway, Garage
    Interior features
    Recessed Lighting, Open Floorplan, Doors - Swing In, No Interior Steps, Window Features: Blinds, Screens
    Exterior features
    Fence, Community Features Included: Curbs, Street Lights, Sidewalks, Sprinklers In Front, Landscaped, Sprinklers Drip System, Front Yard, Back Yard, Lawn, Yard
    Fencing
    Fenced
    Appliances
    Garbage Disposer, Range
    Size
    3,071 SF
    Lot size
    6,534.00 Acres

    Utilities

    Cooling system
    None (Cooling)
    Water front features
    Ocean Side Of Freeway

    Building Details

    Year built
    1963
    Floors in Building
    2
    Number of units
    3
    Flooring type
    Carpet, Vinyl
    Building materials
    Stucco
    Roof type
    Flat
    Architectural style
    Cottage

    We can help!

    Listing Contact
    Dani Walker
    Dani Walker

    First Team Real Estate (949) 988-3000

    Listing agent Dani Walker (714) 964-3311 License #01309428

    Listing date Mar 15, 2026

    MLS# OC26052816 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Huntington Beach Triplex Investment Opportunity

    Located in Huntington Beach, this triplex presents an investment opportunity with income potential. The property consists of three units, each with separate utilities. The front unit is a 3-bedroom, 2-bath with inside laundry, a detached two-car garage, and a private backyard. The middle unit features 2 bedrooms and 2 baths, inside laundry, a two-car attached garage without direct access, and a spacious backyard; this unit was remodeled approximately three years ago with new flooring, cabinetry, countertops, updated bathrooms and shower, and fresh paint. The upper carriage unit, situated above the garages, is a 1-bedroom, 1-bath with two private balconies. New carpeting was installed about four years ago. The property has been maintained by a longtime owner and includes mature landscaping with a drip irrigation system. Utilities include three separate gas meters and three separate electric meters. All units include full kitchens. The property is situated approximately one mile from Downtown Huntington Beach, providing access to shops, restaurants, and entertainment. The beach is approximately 1.5 miles away, with a park nearby and everyday shopping within walking distance. The lot size is 0.15 acres and the property size is 3071 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Huntington Beach
    County
    Orange
    State
    California
    Longitude
    -117.9937892
    Latitude
    33.6751693

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    FAQs

    What type of property is this?
    Triplex - Well-maintained triplex near downtown Huntington Beach with income potential.
    Where is this triplex located?
    The property is located at 2006 California St Huntington Beach, CA.
    What is the asking price?
    The asking price for this property is $1,850,000.
    What are key features of this property?
    This property features: - Strong income potential with projected market rents estimated to bring gross scheduled income to approximately $113,000 annually.; - Located in the highly desirable downtown area of Huntington Beach, approximately one mile from downtown and 1.5 miles from the beach.; - Triplex investment opportunity with an excellent unit mix: one 3-bedroom, one 2-bedroom (remodeled), and one 1-bedroom unit.
    (714) 655-6056
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    2006 California St Huntington Beach, CA 92648
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    Huntington Beach, CA 92648
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2006 California St Huntington Beach, CA 92648
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    We can help!
    Listing Contact
    Dani Walker
    Dani Walker
    Real Estate License ID: 01309428
    (714) 655-6056 (714) 964-3311
    Learn more
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