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Listed by Robert Tran • HPT Realty
$2,295,000
Est. payment /mo
4,300 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,300 sqft
Price per Sqft $533
MLS Listing ID OC-26136724
Year Built 1977
Lot Size 7,841 Sqft
Property Sub-Type Quadruplex
Source California Regional Multiple Listing Service (CRMLS)
Property Description
Rare opportunity to own a well-maintained 4-unit multifamily property in the highly sought-after Huntington Harbour area of Huntington Beach, ideally located next to a peaceful park and just minutes from the beach. This attractive investment features an excellent unit mix consisting of one spacious 3-bedroom/2.5-bath unit, two 2-bedroom/2-bath units with private balconies, and one 1-bedroom/1-bath unit with a private patio. The property has undergone numerous recent improvements, including new building-wide plumbing, fresh paint, interior upgrades, and termite treatment, offering a turnkey investment with minimal deferred maintenance. All units are currently leased and generating stable income, with lease expirations as follows: the 1-bedroom unit expires in April 2027, one 2-bedroom unit expires in March 2027, the second 2-bedroom unit expires in May 2027, and the 3-bedroom unit is currently on a month-to-month tenancy. This lease structure provides both reliable cash flow and a clear opportunity to increase rents toward market levels. Additional highlights include separately metered gas and electricity, five detached garage spaces, on-site laundry facilities, and a prime location within an excellent school district and one of Orange County's most desirable coastal communities. Combining strong in-place income, value-add potential, and exceptional proximity to parks, beaches, shopping, dining, and recreation, this Huntington Harbour fourplex presents a rare investment opportunity in a premier coastal market.
Location
State CA
County Orange
Area 15 - West Huntington Beach
Interior
Laundry Common Area, Dryer Included, Gas Dryer Hookup, Individual Room, Washer Hookup, Washer Included
Exterior
Garage Spaces 5.0
Pool None
Community Features Park, Sidewalks
Building
Lot Description 0-1 Unit/Acre
Sewer Public Sewer
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John R Thompson
Broker/Owner | License ID: 01200900
Broker/Owner License ID: 01200900