
Huntington Beach, California 92649
This Quadruplex Residential Income Asset is a High-Potential Investment Opportunity, listed at $2,399,000—positioned slightly above the $2,364,264 Fair Market Value. Despite the minor premium, the property maintains a Good Condition Rating with recent capital improvements, including SB-721 compliance and exterior upgrades. Featuring a versatile unit mix, six garages, and a prime location near Huntington Harbour, this property offers significant value-add potential through strategic rent adjustments. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a stable, income-generating coastal asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16802 Hoskins Lane Subject | $2,399,000* List Price | 0 | 0 | 4,335 | $545 | - |
A 4881 Vista Drive Sold | $2,100,000 | 0 | 0 | 4,160 | $505 | 0.2 mi |
B 4782 James Sold | $2,650,000 | 0 | 0 | 4,590 | $577 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1976 but qualifies as 'Good' due to significant recent capital improvements including exterior paint, updated railings/fascia, and SB-721 compliance. Interior units are well-maintained with several featuring luxury vinyl plank flooring and two units boasting upgraded kitchens and modern fixtures, ensuring the property is functional and move-in ready.
Situated just over a mile from the beach in Huntington Harbour, the property offers high tenant desirability due to its proximity to Bolsa Chica State Beach, wetlands, and top-rated schools.
The property features a versatile mix including a large 3BR owner's unit and a 1BR with a private yard, complemented by six garages which are a premium asset in coastal markets.
Significant recent upgrades including exterior painting, SB-721 balcony compliance, and resurfaced decks reduce immediate CAPEX requirements for a new investor.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8276, other record lot size in square feet = 8210.
While some units have been modernized with luxury vinyl plank flooring and upgraded kitchens, others remain in a more original state, requiring further investment to achieve uniform market rents.
The presence of long-term tenancies suggests that current rental income may be below market value, necessitating a strategic management transition to capture the projected upside.
Excellent Investment Opportunity – Located just over a mile from the beach in the desirable area of Huntington Harbour, this well-maintained fourplex features a two-story owner’s unit with a private patio, balcony, fireplace and in-unit laundry (3BR/2.5BA), plus three spacious rear units, consisting of two upper-level units with balconies (3BR/2BA | 2BR/2BA), and a ground-floor unit with a patio and large private yard (1BR/1BA). All units are separately metered for gas and electric and the property is equipped with a laundry room, six garages and ample off-street parking. Recent capital improvements include complete exterior painting, updated fascia and railings, resurfaced balcony and walkway decks, and in compliance with SB-721. Several of the units have also been enhanced with luxury vinyl plank flooring and two with upgraded kitchens and modern fixtures. Positioned within one of coastal Orange County’s most desirable rental markets, the property benefits from close proximity to Bolsa Chica State Beach, scenic wetlands and nature trails, parks, retail and dining options, and top-rated schools; together with long-term tenancies, immediate upside and value-add potential, this is an exceptional opportunity to acquire a prime income-generating asset in a highly sought-after coastal community.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 4,335 | 4,462.5 | 50% |
| Lot Size | 8,276 | 7,629.5 | 75% |
| Price | $2.40M | $2.52M | 50% |
| Price per sq ft | $553 | $529 | 50% |
| Built year | 1976 | 1979 | 25% |
| HOA | $0 | $0 | 50% |
| Days on market | 17 | 69 | 25% |
May 20, 2026
$2,399,000
Initial Listing
May 1, 1998
$413,000
Public Record