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18702 Demion Lane, Huntington Beach, California 92646, Huntington Beach, 92646 - bed, bath

18702 Demion Lane, Huntington Beach, California 92646 home-pic-0
ACTIVE UNDER CONTRACT$2,050,000
18702 Demion Lane, Huntington Beach, California 92646
0Bed
0Bath
4,349Sqft
7,244Lot
Year Built
1971
Close
-
List price
$2.05M
Original List price
$2.15M
Price/Sqft
$471
HOA
-
Days on market
-
Sold On
-
MLS number
LG25161051
Home ConditionFair
Features
Good View:
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $2.05M(50th), sqft - 4349(50th), beds - undefined(50th), baths - undefined(50th).

Modern 4-Unit Property Situated on a Quiet Cul-de-Sac in South Huntington Beach. This well-maintained multifamily building features a desirable mix of units, including a spacious single-level front owner's unit with 3 bedrooms and 2 bathrooms. The rear of the property includes two 2-bedroom, 2-bath units and one 2-bedroom, 1-bath unit—offering a versatile layout ideal for both owner-occupants and investors. Units C and D have been upgraded with new flooring, bathrooms and kitchens. All units come with a private garage with washer/dryer hookups. Located less than 10 minutes from Huntington Beach, with convenient access to popular restaurants, shops, and entertainment. Quick connectivity to Beach Boulevard and the 405 Freeway makes commuting and coastal living effortless. Neighboring 4-unit also available can be sold together or separately.

Price History

Date
Event
Price
10/16/25
Price Change
$2,050,000-4.7%
07/18/25
Listing
$2,150,000
Condition Rating
Fair
Built in 1971, this property is over 50 years old. While the listing states that Units C and D have been upgraded with new flooring, bathrooms, and kitchens, the overall structure and exterior appear dated. The visible kitchen, likely from an upgraded unit, features modern LVP flooring and white shaker cabinets but includes a basic laminate countertop and an older white range, suggesting a functional rather than high-end renovation. The condition of the other units and major systems (e.g., HVAC, plumbing, electrical) for the entire property is not specified as extensively renovated, indicating they are likely functional but show signs of being outdated due to the property's age. The property is maintained but requires minor updates or repairs beyond the partially renovated units to achieve a 'good' rating across the board.
Pros & Cons

Pros

Prime Coastal Location: Situated in South Huntington Beach on a quiet cul-de-sac, less than 10 minutes from the beach, popular restaurants, shops, and entertainment, offering desirable coastal living and strong rental demand.
Versatile Income Property: A modern 4-unit quadruplex with a desirable mix of units, including a spacious 3-bedroom owner's unit, making it ideal for both owner-occupants seeking rental income and investors.
Recent Unit Upgrades: Units C and D have been upgraded with new flooring, bathrooms, and kitchens, enhancing their appeal, marketability, and potential rental value.
Desirable Amenities: All units come with a private garage and washer/dryer hookups, providing significant convenience and added value for tenants.
Portfolio Expansion Opportunity: The availability of a neighboring 4-unit property for sale offers a unique opportunity for investors to acquire an 8-unit portfolio in a prime location.

Cons

Active Under Contract Status: The property is currently 'Active Under Contract,' which means it is not immediately available for new offers and limits the pool of potential buyers.
Partial Unit Upgrades: While Units C and D are upgraded, the description does not specify the condition or upgrade status of the other units, suggesting potential future capital expenditures for comprehensive modernization across all units.
Age of Construction & Potential Deferred Maintenance: Built in 1971, the property is over 50 years old. Despite being described as 'well-maintained,' older buildings can incur higher maintenance costs or require significant updates to core systems (e.g., plumbing, electrical, HVAC) not explicitly mentioned as upgraded.

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