17091 Oak, Huntington Beach, California 92647, Huntington Beach, 92647 - bed, bath

17091 Oak, Huntington Beach, California 92647 home-pic-0
ACTIVE$1,650,000
17091 Oak, Huntington Beach, California 92647
0Bed
0Bath
4,561Sqft
7,841Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Location & Amenities: Situated in a highly desirable Huntington Beach neighborhood with excellent access to the 405 Freeway, coastline, shopping centers, dining, and top-rated schools.
Top Cons:
Original Condition Requires Investment: All four units are in original condition, necessitating significant capital investment for upgrades and renovations to realize the full value-add potential.

Compared to the nearby listings

Price:$1.65M vs avg $1.65M (+$0)50%
Size:4,561 sqft vs avg 3,836 sqft80%
Price/sqft:$362 vs avg $42720%

More Insights

Built in 1964 (61 years old).
Condition: Built in 1964, the property is 60 years old, and the listing explicitly states that 'All four units are in original condition and ready for upgrades.' This indicates that kitchens, bathrooms, appliances, flooring, and all major systems are severely outdated and likely at or past their expected lifespan. While currently occupied, the original condition necessitates substantial repairs and rehabilitation to bring the units to modern living standards, aligning with the 'poor' condition criteria.
Year Built
1964
Close
-
List price
$1.65M
Original List price
$1.65M
Price/Sqft
$362
HOA
-
Days on market
-
Sold On
-
MLS number
OC25246440
Home ConditionPoor
Features
Patio
View-

About this home

Don’t miss this rare opportunity to own a four-unit income property situated on a spacious 7,841 sq. ft. lot in a highly desirable Huntington Beach neighborhood.This fully occupied property provides immediate rental income, with all tenants currently on month-to-month leases—offering flexibility and the potential for rental rate adjustments under new ownership.A dedicated laundry room provides additional income potential. Each unit is separately metered for gas and electricity, while a common-area electric meter services exterior lighting and a shared gas meter supports the laundry facility. Water service is shared across all four units and landscape irrigation.All four units are in original condition and ready for upgrades, presenting a fantastic opportunity to increase property value and rental income through renovations. The property also includes four one-car garages, currently used as storage, with the potential to restore them for tenant parking or additional income. Perfectly positioned in a prime central location, this property offers easy access to the 405 Freeway, is just a few miles from Huntington Beach’s beautiful coastline, and enjoys year-round coastal weather. Residents will appreciate proximity to Bella Terra Shopping Center, Costco, trendy coffee shops, top-rated restaurants, and award-winning schools. Whether you’re an experienced investor or seeking your first multi-unit property, 17091 Oak Ln offers strong cash flow potential and long-term upside in one of Orange County’s most sought-after rental markets.

Nearby schools

4/10
Oak View Elementary School
Public,K-50.2mi
5/10
Golden View Elementary School
Public,K-51.0mi
8/10
Hope View Elementary School
Public,K-51.6mi
8/10
Mesa View Middle School
Public,6-81.1mi
6/10
Marine View Middle School
Public,6-82.1mi
5/10
Ocean View High School
Public,9-120.4mi
Condition Rating
Poor

Built in 1964, the property is 60 years old, and the listing explicitly states that 'All four units are in original condition and ready for upgrades.' This indicates that kitchens, bathrooms, appliances, flooring, and all major systems are severely outdated and likely at or past their expected lifespan. While currently occupied, the original condition necessitates substantial repairs and rehabilitation to bring the units to modern living standards, aligning with the 'poor' condition criteria.
Pros & Cons

Pros

Prime Location & Amenities: Situated in a highly desirable Huntington Beach neighborhood with excellent access to the 405 Freeway, coastline, shopping centers, dining, and top-rated schools.
Immediate Income & Lease Flexibility: Fully occupied quadruplex generating immediate rental income, with month-to-month leases offering flexibility for rental rate adjustments and maximizing cash flow.
Significant Value-Add Potential: All units are in original condition, presenting a substantial opportunity for renovations to increase property value and rental income.
Separately Metered Units: Individual gas and electricity meters for each unit reduce owner utility costs and streamline tenant billing.
Additional Income Opportunities: A dedicated laundry room and four garages (convertible from storage to parking/rental) provide avenues for supplementary income.

Cons

Original Condition Requires Investment: All four units are in original condition, necessitating significant capital investment for upgrades and renovations to realize the full value-add potential.
Shared Water Meter: Water service is shared across all four units and landscape irrigation, meaning the owner is responsible for this utility, which can lead to higher operating costs.
Age of Property: Built in 1964, the property is older, which may imply potential for deferred maintenance, aging infrastructure, and higher renovation costs compared to newer constructions.

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