18902 Valley, Huntington Beach, CA 92646
18902 Valley, Huntington Beach, CA 92646
18902 Valley, Huntington Beach, CA 92646
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John R Thompson

John R Thompson

+1(805) 796-5221
Listed by Jim Daly • The L3
$2,150,000
Est. payment /mo
4,376 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,376 sqft

Price per Sqft $491

MLS Listing ID OC-26228580

Year Built 1977

Lot Size 7,841 Sqft

Property Sub-Type Quadruplex

Source California Regional Multiple Listing Service (CRMLS)

Property Description

Welcome investors to 18902 Valley Circle, a rarely available street in Huntington Beach offering strong current income and significant upside. This well-positioned 4-unit property features a highly desirable unit mix of four 2-bath and 2-bath units. One unit has the ability to be upgraded to a 3-bed with the addition of a closet. Each unit includes in-unit washer dryer hook-ups, and a private one-car garage, providing excellent tenant appeal and a competitive edge in the rental market. Recent capital improvements, new windows, new electric panels, new roof. These major upgrades reduce future maintenance costs and enhance the property's long-term value. Current Income: $9,107 per month (approximately $109,284 annually), with a Cap Rate: Over 3.5% Pro Forma Income could be Over $15,000 per month. Properties with this unit mix, private garages, and recent major system updates do not come up often in Huntington Beach. The location offers convenient access to Surf City USA's beaches, shopping, outstanding school district, dining, parks, and freeways, supporting strong, consistent rental demand. Ideal for investors seeking a cash-flowing asset with clear value-add potential through rent optimization and the benefit of recently completed major improvements.

Location

State CA

County Orange

Area 14 - South Huntington Beach

Interior

Interior Features Living Room Balcony, Living Room Deck Attached

Heating Central

Flooring Carpet, Laminate, Vinyl

Fireplaces Type Family Room, Living Room

Laundry Inside

Exterior

Parking Features Garage

Garage Spaces 4.0

Pool None

Community Features Biking, Curbs, Golf, Gutters, Hiking, Sidewalks, Storm Drains, Street Lights

Utilities Available Cable Available, Electricity Available, Natural Gas Available

View Y/N No

View None

Building

Lot Description Cul-De-Sac, 0-1 Unit/Acre

Sewer Public Sewer

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John R Thompson

John R Thompson

+1(805) 796-5221

Broker/Owner License ID: 01200900

Broker/Owner License ID: 01200900

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18902 Valley