
Huntington Beach, California 92647
This Quadruplex Residential Income property is a High-Potential Investment Opportunity, listed at $2,195,900—positioned above the $2,094,603 Fair Market Value. Despite the premium, the property offers a Condition Rating of 3, featuring remodeled kitchens and durable vinyl flooring. Situated on a 10,454 sqft cul-de-sac lot, it provides rare parking and privacy. With a 3-bedroom owner-occupant unit and stable rental history, this asset balances immediate cash flow with long-term appreciation. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey coastal investment.
Property is move-in ready.
Although built in 1973, the property is well-maintained with most units featuring recent renovations. Interior images show updated kitchens with white shaker cabinets and granite countertops, modern bathroom tile surrounds, and newer vinyl and tile flooring throughout, fitting the criteria for a functional, move-in ready investment.
The property features a premier 3-bedroom, 2.5-bathroom 'Covington style' unit with a 2-car garage and private yard, making it an ideal setup for an owner-user seeking to offset their mortgage with rental income.
Situated on a rare 10,454 square foot cul-de-sac lot, the property offers significant privacy and ample extra parking for tenants, which is a highly sought-after and scarce commodity in the Huntington Beach rental market.
Most units have been thoughtfully remodeled with updated kitchens, bathrooms, and durable vinyl or tile flooring, ensuring low immediate maintenance costs and high tenant appeal.
Built in 1973, the property may require ongoing attention to aging systems such as plumbing and electrical that are typical of buildings from this era, despite recent cosmetic renovations.
Unit #4 is limited to an upstairs-only layout without a private backyard, creating a disparity in amenity value compared to the other three units which offer ground-level outdoor spaces.
This well maintained 4-unit multifamily residence in the city of Huntington Beach offers a prime long-term investment in a diverse, vibrant community, rich with ethnicity, culture, and cuisine. Set on a rare 10,454 square foot lot, located at the end of a cul de sac street offers extra parking spaces for tenants. Most of the units have been remodeled with flooring, paint, kitchen, and bathroom. Unit #1, is the coveted Covington style, a 2-story, 3-bedrooms, 2 1/2 bathrooms home with direct access to a 2-car garage, a spacious living room features a cozy warm gas or wood burning operated fireplace, all bedrooms are upstairs, the kitchen and dining area open direclty to the back private yard, the set up is perfect as an owner-occupier unit. Units #2 and #3, also two-story, offer 2-bedrooms, 1 1/2 bathrooms, a 1-car detached or attached, and a small private backyard. Unit #4 is upstairs only, features a front porch for seating area, 2-bedrooms, 1-bathroom, and a detached garage. All units have laundry hook-up in their garage, all units have either tiled and or vinyl floorings throughout. All units also have separated living room and dining area next to kitchen. Ideally located near freeways, amusements park Disneyland, Knott's Berry Farm, Soaking City, Wild River Waterpark, local and major shopping centers such as Bella Tera, South Coast Plaza, The Block, schools, colleges/univerisities, John Wayne and Long Beach Airports. This is a rare opportunity in a dynamic, thriving Southern California market, for long-term tenants and owner-occupiers alike. Nearby you will find the renowned Huntington Beach famous for surfing and volleyball, Sports Park, and a library providing endless recreational activities and cultural enrichments. This property homes to long term tenants providing stable rental incomes. The property is well kept, cleaned, and easy to maintain ensuring long term appeal and tenancy satisfaction. This makes it a reliable and low maintenance investment. Ideal for long term investment and future growth. Making a premier opportunity in a sought-after coastal market.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 1.2 mi
Grades K-5 • 1.6 mi
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 | 4,283 | 4,059.5 | 50% |
| Lot Size | 10,454 | 8,814.5 | 83% |
| Price | $2.20M | $1.92M | 83% |
| Price per sq ft | $513 | $510 | 50% |
| Built year | 1973 | 1966 | 83% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 87 | 17% |
May 30, 2026
$2,195,900
Initial Listing
Jun 22, 2018
$1,665,000
Public Record
Jan 30, 2008
$985,500
Public Record
Apr 27, 2000
$490,000
Public Record