
Huntington Beach, California 92648
This Residential Income Quadruplex is a High-Potential Investment Opportunity, listed at $2,650,000—positioned well above the $2,525,961 Fair Market Value by -4%. Featuring a Good Condition Rating, this asset offers immediate cash flow with four 2-bedroom units, private garages, and individual outdoor patios. Located near top-rated schools like Huntington Beach High, the property provides long-term stability in a high-demand coastal market. With month-to-month leases, this is a strategic acquisition for Buy-and-Hold Investors or 1031 Exchange Buyers seeking a well-maintained, income-generating coastal asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 206 Portland Avenue Subject | $2,650,000* List Price | 0 | 0 | 3,631 | $696 | - |
A 222 20th Sold | $2,600,000 | 0 | 0 | 3,885 | $669 | 1.0 mi |
B 2405 Whitesands Drive Active | $1,990,000 List Price | 0 | 0 | 3,614 | $551 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1975, this property is exceptionally well-maintained with evidence of recent capital improvements. The electrical panel has been upgraded, and the interiors feature newer laminate flooring and stone countertops. While the honey-oak cabinetry and white appliances are dated (likely 10-15 years old), the units are functional, clean, and move-in ready, fitting the 'Good' criteria for a well-maintained income property.
Situated in the heart of Old Towne Huntington Beach, the property is walking distance to the pier, downtown, and the beach, ensuring high tenant demand and long-term appreciation.
With all units currently on month-to-month agreements, investors have the immediate flexibility to adjust rents to market rates or implement strategic upgrades to maximize cash flow.
The inclusion of private garages and individual outdoor spaces for every unit provides a significant competitive advantage in a dense beach community where parking and privacy are at a premium.
The property consists entirely of 2-bedroom, 1-bathroom configurations, which lacks the diversity to attract a broader range of tenant profiles such as single professionals or larger families.
Built in 1975, the building may require more frequent maintenance or future capital expenditures for aging systems compared to newer construction, despite recent cosmetic improvements.
Rarely does an investment opportunity come along that perfectly captures the quintessential Huntington Beach lifestyle while offering solid fundamentals. Located at 206 Portland Ave, this well- maintained 4-plex is situated in the heart of one of Southern California’s most vibrant coastal pockets. Whether it’s grabbing a morning coffee downtown, heading to the pier for sunset, or exploring the local shops and restaurants, everything that makes HB famous is just moments away. The property consists of four generous 2-bedroom, 1-bathroom units, each designed for comfortable living. Every residential unit enjoys its own private outdoor space—either a yard, patio and/or balcony—perfect for soaking in the sun and sea breezes. Plus, the convenience of private garages for each unit is a major plus in this high-demand beach community. It has been lovingly cared for by a private owner for years, with a suite of recent capital improvements, both interior and exterior. The building is currently fully occupied by long-term tenants on month-to-month agreements, providing immediate cash flow with plenty of flexibility. The property also features separate on-site laundry facilities for additional income. Opportunities to own a highly desirable and well-maintained income property this close to the sand are few and far between. This is coastal living at its best—a blend of pride of ownership, a stellar location, and a smart investment for the long term.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 0.9 mi
Grades K-5 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 3,631 | 4,090 |
| Lot Size | 6,098 | 8,069.5 |
| Price | $2.65M | $1.91M |
| Price per sq ft | $730 | $531 |
| Built year | 1975 | 1969 |
| HOA | $0 | $0 |
| Days on market | 16 | 56 |
Jul 6, 2026
$2,650,000
Initial Listing