$14,200,000
Price
10
Beds
25
Baths
16,839 Sq. Ft.
$843 / Sq. Ft.
16,839
Sq. Ft.
$843
per Sq. Ft.

Description

Located in the 100 block of Huntington Beach, Ocean Breeze Terrace is a multifamily investment opportunity consisting of 20 units. Ownership has spent approx. $1,850,000 in capital improvements including electrical upgrades, plumbing upgrades, new windows, roof maintenance and updating all 18 units. The attractive unit mix includes studio, one-, two- & three-bedroom floorplans.Located in the 100 block of Huntington Beach, Ocean Breeze Terrace is a multifamily investment opportunity consisting of 20 units. Ownership has spent approx. $1,850,000 in capital improvements including electrical upgrades, plumbing upgrades, new windows, roof maintenance and updating all 18 units. The attractive unit mix includes studio, one-, two- & three-bedroom floorplans.
  1. Listed by Michael O'Neill II • DRE #02036937 • Brokerage DRE #00868409 • CB Richard Ellis, Inc.

Property Details for 125 16th Street

Parcel Number
02316703
Total Units
20.0
Living Area
16839
Source Living Area
Assessor
Area
West Huntington Beach (15)
Vacancy Rate
3%
Lot Size Area
17625
Source Lot Size Area
Assessor
LISTING UPDATED: 12/14/2025 09:55 AM

Property Details for 125 16th Street

StatusActive
MLS #25553767
Days on Market185
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1971
Lot Size0.40 AC / 17,625 SF
CountyOrange County

Location

Listing Courtesy of CB Richard Ellis, Inc., Michael O'Neill II, DRE #02036937
Add your commute

Building Information for 125 16th Street

Stories2Residences-Year Built1971Building Size-Lot Size0.40 AC / 17,625 SF

Payment Calculator

$78,660 per month

30 year fixed, 6.28% Interest

Principal and Interest

$70,167

Property Taxes

$8,493

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 125 16th Street

Community / Development
Community / Development
  • Number Of Units: 20
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Apartments
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Entry Only
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $873,739
  • Net Operating Income: $598,272.00
  • Gross Income: $900,159
  • Cap Rate: 4.21%
  • Gross Rent Multiplier: $15.77
  • Total Annual Expense: 275467
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.4
  • Lot Size Square Feet: 17625
  • Lot Size Dimensions: 150x117
  • Source Lot Size Dimensions: Vendor Enhanced
Parking Details
Parking Details
  • Parking Garage: Garage - None
  • Total Parking: 19
  • Garage Spaces Total: 19
  • Parking Features: None
Interior Features
Interior Features
  • Levels: Two
  • Cooling: None
  • Cooling Type: None
  • Heating: None
  • Heating Type: None
  • Equipment: None
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 06-17-2025
Unit Details
Unit 1 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,695.00
  • Unit Actual Rent: $2,695.00
  • Unit Projected Rent: $2,695.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $3,495.00
  • Unit Actual Rent: $3,495.00
  • Unit Projected Rent: $3,495.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $3,007.00
  • Unit Actual Rent: $6,015.00
  • Unit Projected Rent: $6,015.00
  • Like Units: 2
Unit 4 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $3,640.00
  • Unit Actual Rent: $40,042.00
  • Unit Projected Rent: $41,280.00
  • Like Units: 11
Unit 5 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $3,950.00
  • Unit Actual Rent: $11,851.00
  • Unit Projected Rent: $12,010.00
  • Like Units: 3
Unit 6 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $4,645.00
  • Unit Actual Rent: $9,290.00
  • Unit Projected Rent: $9,290.00
  • Like Units: 2
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110, 2111
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $688,927.00
  • Assessed Improvement Percent: 19.1
  • Assessed Land Value: $2,918,495.00
  • Assessed Land Percent: 80.9
  • Assessed Total Value: $3,607,422.00

Property History for 125 16th Street

DateEvent & SourcePriceAppreciation
Jun 17, 2025

Listed (Active)

CRMLS #25553767

$14,200,000—
Jun 17, 2025

Listed (Active)

CLAW #25553767

$14,200,000—
Aug 1, 2024

Expired

SDMLS #OC24046070

—
May 29, 2024

Sold

CLAW #OC24046070MR

$8,650,000—
May 29, 2024

Sold

CRMLS #OC24046070

$8,650,000—
May 18, 2024

Sold (Public Record)

Public Record #1533159440

$8,650,000—
Apr 25, 2024

Pending

CRMLS #OC24046070

—
Mar 25, 2024

Pending

CLAW #OC24046070MR

—
Mar 25, 2024

Accepting Backup Offers

CLAW #OC24046070MR

—
Mar 25, 2024

Accepting Backup Offers

CRMLS #OC24046070

—
Mar 8, 2024

Listed (Active)

SDMLS #OC24046070

$8,990,000—
Mar 8, 2024

Listed (Active)

CRMLS #OC24046070

$8,990,000—
Mar 7, 2024

Listed (Active)

CLAW #OC24046070MR

$8,990,000—
DateEvent & SourcePrice
06/17/2025

Listed (Active)

CRMLS #25553767

$14,200,000
06/17/2025

Listed (Active)

CLAW #25553767

$14,200,000
08/01/2024

Expired

SDMLS #OC24046070

—
05/29/2024

Sold

CLAW #OC24046070MR

$8,650,000
05/29/2024

Sold

CRMLS #OC24046070

$8,650,000
05/18/2024

Sold (Public Record)

Public Record #1533159440

$8,650,000
04/25/2024

Pending

CRMLS #OC24046070

—
03/25/2024

Pending

CLAW #OC24046070MR

—
03/25/2024

Accepting Backup Offers

CLAW #OC24046070MR

—
03/25/2024

Accepting Backup Offers

CRMLS #OC24046070

—
03/08/2024

Listed (Active)

SDMLS #OC24046070

$8,990,000
03/08/2024

Listed (Active)

CRMLS #OC24046070

$8,990,000
03/07/2024

Listed (Active)

CLAW #OC24046070MR

$8,990,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 125 16th Street

Taxable ValueLand$8,036,991Additions$786,009Total$8,823,000
Tax Record2025$101,921 ($8,493 / month)
Home Facts
Total Finished SqFt15,814 SqFtAbove Grade Finished SqFt15,814 SqFtStories2Lot Size16,874 SqFtStyleMulti-Family Res (5+ Units)Year Built1971CountyORANGEAPN023-167-03

Schools near 125 16th Street

This home is within Huntington Beach City Elementary School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Agnes L. Smith Elementary School
PublicK to 5

Ethel Dwyer Middle School
Public6 to 8

Huntington Beach High School
Public9 to 12

Kinetic Academy
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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125 16th Street is a multi-family home for sale in Huntington Beach, CA 92648. This property was listed for sale on June 17, 2025 by CB Richard Ellis, Inc., it's currently listed at $14,200,000. It has been on the market for a total of 185 days and was last sold on May 29, 2024. This listing's school districts are Huntington Beach City Elementary School District, Huntington Beach Union High School District. Nearby schools include Agnes L. Smith Elementary School, Ethel Dwyer Middle School and Huntington Beach High School. 125 16th Street is a 10-bed, 25-bath, 16,839 sqft multi-family home built in 1971.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of CB Richard Ellis, Inc., Michael O'Neill II, DRE #02036937

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.