17392 Keelson, Huntington Beach, California 92647, Huntington Beach, 92647 - 0 bed, 0 bath
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Huntington Beach, California 92647
This 4-unit multifamily property presents a Strong Value Opportunity with a List Price of $1,750,000—positioned well below the $1,889,348 Fair Market Value by 7%. This valuation gap offers $139,348 in Instant Equity for the savvy investor. Featuring a Fair Condition Rating, the property offers significant upside through modernization of its 1964 infrastructure. With a competitive unit mix and proximity to Bella Terra, this is a prime acquisition for Buy-and-Hold Investors or Value-Add Developers seeking to maximize rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 17392 Keelson Subject | $1,750,000* List Price | 0 | 0 | 4,189 | $451 | - |
A 17411 Keelson Active | $1,775,000 List Price | 0 | 0 | 4,255 | $417 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1964 (60 years old), the property is explicitly marketed as a 'value add opportunity,' implying that kitchens, baths, and systems are likely dated and require modernization. While interior photos show some cosmetic updates like newer laminate flooring and paint, the overall age and investment profile suggest it needs minor to moderate updates to reach market potential.
With current rents sitting below market levels, this property offers a significant opportunity for investors to increase NOI and property value through strategic renovations and market-rate adjustments.
The inclusion of a spacious 3-bedroom, 2-bathroom unit alongside three 2-bedroom units provides a competitive advantage and appeals to a broader range of high-quality, long-term tenants.
Centrally located less than 2 miles from the Bella Terra shopping center and 4 miles from the beach, the property benefits from high rental demand driven by proximity to major retail and coastal amenities.
Built in 1964, the property may require substantial capital expenditure for modernization and maintenance of its original wood and stucco systems to remain competitive.
The provision of only four covered parking spaces for four units—including a large 3-bedroom unit—may be insufficient for modern multi-vehicle households, potentially limiting the tenant pool.
Just 4 miles to the beach and 2 miles to Terra Mall's restaurants and shopping, this well maintained fourplex offers an attractive unit mix and strong income potential. Units have been thoughtfully updated over the years with laminate and vinyl plank flooring, white shaker cabinets, and granite countertops. The ground level features a spacious 3 bedroom, 2 bath unit plus a 2 bedroom, 1 bath unit with its own private yard. Upstairs, two 2 bedroom, 1 bath units each offer a private patio, a great spot to relax and catch the coastal breeze. Each unit comes with its own single car garage, a rare and valuable amenity for tenants. With established long term tenants in place and current rents below recent market comparables, this property offers immediate income with potential upside. A solid addition to any portfolio.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 1.2 mi
Grades K-5 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 4,189 | 4,090 |
| Lot Size | 6,537 | 8,069.5 |
| Price | $1.75M | $1.91M |
| Price per sq ft | $418 | $531 |
| Built year | 1964 | 1969 |
| HOA | $0 | $0 |
| Days on market | 21 | 56 |
Jul 1, 2026
$1,750,000
Initial Listing
Jul 16, 2021
$1,500,000
Public Record