
Huntington Beach, California 92648
This Strong Value Opportunity is a turnkey triplex listed at $1,975,000, positioned well below the $2,147,369 Fair Market Value by 8%. This valuation gap offers $172,369 in Instant Equity. Featuring a Condition Rating of 2, the property includes modern upgrades like ductless HVAC and quartz countertops. Located near Huntington Beach High School (9/10), this asset provides stable income and long-term appreciation. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-performing coastal property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 204 Springfield Avenue Subject | $1,975,000* List Price | 0 | 0 | 2,639 | $756 | - |
A 1701 Lake Street Sold | $1,850,000 | 0 | 0 | 2,864 | $646 | 0.1 mi |
B 1701 Lake Street Sold | $1,850,000 | 4 | 2 | 2,864 | $646 | 0.1 mi |
C 2006 California Sold | $1,841,675 | 0 | 0 | 3,071 | $600 | 1.0 mi |
D 303 Alabama Sold | $1,940,000 | 0 | 0 | 2,000 | $970 | 0.9 mi |
E 319 14th Street B Sold | $2,029,000 | 0 | 0 | 2,334 | $869 | 0.9 mi |
F 1209 Florida Street Active | $1,975,000 List Price | 0 | 0 | 2,322 | $851 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property underwent a comprehensive renovation within the last few years, featuring new ductless HVAC systems, luxury vinyl plank flooring, quartz countertops, and stainless steel appliances. The interior is in mint, turnkey condition with modern recessed lighting and vaulted ceilings, meeting the criteria for a recent high-end renovation.
High School: Huntington Beach High School (9/10).
The property features extensive recent renovations including ductless HVAC, quartz countertops, and luxury vinyl flooring, offering a move-in ready investment with minimal immediate capital expenditure.
Situated on a large 7,405 sqft corner lot, each unit boasts its own expansive private yard, a rare and highly desirable feature for multi-family housing that drives premium rental rates and tenant retention.
With only one garage space per unit, the property may face challenges in a market where tenants often have multiple vehicles, potentially impacting its competitiveness.
Despite modern interior updates, the 1975 construction date suggests that core structural components and main utility lines may require ongoing maintenance or future capital improvements.
This charming single-story, corner-lot triplex is located in a highly desirable Huntington Beach rental enclave and offers an incredible layout with strong tenant demand. Situated on a spacious 7,405 square-foot lot, each of the three homes has an expansive private yard that wraps around this corner location, providing residents with generous outdoor space rarely found in multi-unit properties. Updates completed over the past few years include new ductless heating and air conditioning, luxury vinyl plank flooring, recessed lighting, interior paint, quartz countertops, stainless steel appliances, and tasteful modern touches throughout. Inside, soaring vaulted ceilings enhance the sense of spaciousness in every unit. Unit A, the premier residence, makes for a lovely owner’s unit or a highly desirable rental location, boasting a cozy fireplace, dramatic vaulted ceilings, and beautiful transom windows that fill the space with natural light. Each unit enjoys its own private laundry and a one-car garage. Located just moments from the charming Lake Park and a quick bike ride to the beach, this property is perfectly positioned in the heart of Huntington Beach’s vibrant lifestyle. Residents live near an abundance of excellent restaurants, Main Street shopping, and entertainment options just minutes away. With its prime corner location, updated interiors, and strong rental performance, 204 Springfield represents a turnkey opportunity in one of Southern California’s most sought-after coastal markets. Enjoy the best of all worlds: stable income, long-term appreciation and pride of ownership.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 1.0 mi
Grades 6-8 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 2,639 | 4,090 |
| Lot Size | 7,405 | 8,069.5 |
| Price | $1.98M | $1.91M |
| Price per sq ft | $748 | $531 |
| Built year | 1975 | 1969 |
| HOA | $0 | $0 |
| Days on market | 44 | 56 |
Jun 8, 2026
$1,975,000
Initial Listing
Sep 7, 2021
$1,500,000
Public Record
Dec 13, 2000
$445,000
Public Record