$5,995,000
517 Walnut Avenue, Huntington Beach CA 92648
Multi-Family (10 Units)
Property type
249 days
On market
$683
Price per sqft
4 cars
Garage
N/A
Year built
12,500 sqft
Lot size
Home highlights
Open Houses
Overview
Rare mixed-use investment opportunity in the heart of Downtown Huntington Beach. Spanning four contiguous lots totaling approximately 12,500 SF, the property features (7) apartment units, (1) single-family home, and (2) retail spaces across three buildings. Two parcels include historically designated structures. Just steps from the beach and the Huntington Beach Pier, 517...
Listing provided by: Michael O'Neill II DRE #02036937 949-809-3615, CB Richard Ellis, Inc.
Listing updated: Apr 3, 2026 at 04:23pm.
Last checked: Jun 14, 2026 at 05:00am
Source: CRMLS #25604351
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 6 | 1 | 1 | — | $2,100 | $12,600 | $12,600 | Unfurnished |
| 1 | 2 | 1 | — | $3,000 | $3,000 | $3,000 | Unfurnished |
| 1 | 3 | 2 | — | $4,500 | $4,500 | $4,500 | Unfurnished |
| 1 | 0 | 0 | — | $3,096 | $3,096 | $3,096 | Unfurnished |
| 1 | 0 | 0 | — | $8,760 | $8,760 | $8,760 | Unfurnished |
# of Buildings: 3
# of Units Total: 10
Financial Snapshot
Gross Rent Multiplier
14.1x
List Price / Annual Gross Rent
Cap Rate
5.02%
NOI / List Price
Net Operating Income: $300,784
Interior
Cooling: None
Heating: None
Exterior
Stories Total: 2
Levels: Two
Garage and Parking
Parking: Garage
Garage Spaces: 4
Parking Total: 4
Lot Information
Land Lease: No
Parcel #: 02415325
Community
HOA: No
Senior Community: No