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125 16th St, Huntington Beach, CA, 92648

--beds
25baths
16,839sqft
$14,200,000
$843price/sqft
$84,400/moest. monthly cost
$3,376,000/yrincome needed

About This Home

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.

Getting Around

74
WalkingVery Walkable
30
TransitSome Transit
88
BikeVery Bikeable

Schools

8/10
9/10

Construction

Condition

  • Year built: 1971

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bathrooms: 25

Heating & Cooling

  • Heating features: None
  • Cooling features: None

Interior Area

  • Total structure area: 16,839
  • Total interior livable area: 16,839 sqft

Property

Details

  • Parcel number: 02316703
  • Special condition: Standard
  • Other equipment: None

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 0.40 Acres
  • Lot size dimensions: 150 x 117

Parking

  • Total spaces: 19
  • Parking features: No Garage
  • Attached garage spaces: 19
  • Covered spaces: 19

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Earthquake
Heat Wave

FEMA Declared Disasters in Orange County and California

Earthquake
Flood
Mud Landslide
Severe Storm
Snowstorm
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $71,802$861,624
Home Insurance *$1,415$16,980
Property Taxes $7,573$90,876
Electricity $3,610$43,330
Total$84,400$1,012,800
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$2,893,714/yr
40% on housing$2,532,000/yr
45% on housing$2,250,666/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.6%
8.6%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 0.7%
0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$843This listing

vs Other Active Listings

Avg $/sqft

ZIP 92648$673
Orange County$768

vs Homes Sold Last Month

Median $/sqft

ZIP 92648$860
Orange County$707

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2025-06-23Listed for sale$14,200,000
2024-05-29Sold$8,650,000
2024-03-08Listed for sale$8,990,000

For Sale by Agent

AgentMichael O'Neill II
BrokerageCB Richard Ellis, Inc.

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