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Remodeled Two-Bedroom Multifamily
For Sale
Contact for pricing
Pending

1008 Florida St, Huntington Beach, CA 92648

Investor opportunity featuring tastefully remodeled two-bedroom units with private patio spaces and garages.

Property SizeContact for details
Days on Market142

Property Features for 1008 Florida St

General Information

Standard status Pending
Property subtype Multifamily

Amenities

private patio spaces
garages
Listing Agency: Centennial Advisers Tustin
Listed By: Michael Alper · License #CA 02042230
Source: Crexi
Added: Apr 11 Changed: Aug 15 Last Checked: Aug 29 at 4:54PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Centennial Advisers Tustin

Investment Insights

Based on property information with market context.

This residential income property offers two-bedroom units that are described as tastefully remodeled, with private patio spaces and garages. The marketing materials also reference rents in the area for remodeled two-bedroom units ranging from $2,400 to $2,800, with two-bedroom rents stated from a low of $2,045 to as high as $3,100.

The property is described as being about 1 mile from the beach, positioned within an improving location. The remarks cite ongoing residential development associated with Pacific City, including two-bedroom units currently starting at $3,900 and filling as completed.

According to the provided information, an investor/owner could purchase the property and build equity while targeting ongoing rental income based on the stated market rent ranges. The remarks also discuss the concept of after-tax and expense impact, including a figure presented for owner out-of-pocket contribution of $3,899 per month.

Key Highlights

  • 1008 Florida offers tastefully remodeled two‑bedroom units with private patio spaces and garages.
  • Property is about 1 mile from the beach.
  • Two‑bedroom rents are cited from $2,045 (listed as $2.87/SF) up to $3,100.

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Dental Office Daycare Center Food Market Auto Parts Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,603
Businesses Nearby

Demographics for 92648, CA

46,691
Population
21,609
Households
2.2
Avg Household Size
44
Median Age
51%
College-Educated
95%
High-School Grad
8.0 sq mi
ZIP Area
5,836
Density / Sq Mi
$118,993
Median Household Income
$73,049
Median Earnings
$2,324
Median Rent
$1,176,000
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Investor opportunity featuring tastefully remodeled two-bedroom units with private patio spaces and garages.
Where is this multifamily property located?
The property is located at 1008 Florida St Huntington Beach, CA.
What are key features of this property?
This property features: 1008 Florida offers tastefully remodeled two‑bedroom units with private patio spaces and garages.; Property is about 1 mile from the beach.; Two‑bedroom rents are cited from $2,045 (listed as $2.87/SF) up to $3,100.
More about this property
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