CBRE Arranges $8.75M Sale Of 14-Unit Multifamily Property In Huntington Beach

A 14-unit multifamily property located at 2512-2518 England Street in Huntington Beach has been sold for $8.75 million. This transaction reflects a per-unit price of $625,000 and a total square footage of 14,518, leading to a price per square foot of $603. The asset spans 0.43 acres in a prominent market area.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $8,750,000
• Units: 14
• Price Per Unit: $625,000
• Square Footage: 14,518
• Price Per Square Foot: $603
• Address: 2512-2518 England Street
• Market: Huntington Beach
• Acres: 0.43

CBRE facilitated the off-market sale, with Daniel Blackwell and Mike O’Neill representing both the seller, a Fountain Valley-based repeat client, and the buyer, who is identified as an Orange County 1031 exchange investor. This transaction marks the highest per-unit price achieved in Huntington Beach within the last two years.