
Huntington Beach, California 92649
This Huntington Harbour fourplex represents a High-Potential Investment Opportunity, listed at a List Price of $2,295,000—positioned well below the $2,321,883 Fair Market Value by 1%. This valuation gap offers $26,883 in Instant Equity. Featuring a Good Condition Rating with recent building-wide plumbing and interior upgrades, this turnkey Residential Income asset provides stable cash flow. Its prime location adjacent to a park and diverse unit mix make it an ideal acquisition for Buy-and-Hold Investors or 1031 Exchange Buyers seeking coastal stability.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4822 Neely Subject | $2,295,000* List Price | 0 | 0 | 4,300 | $540 | - |
A 4881 Vista Drive Sold | $2,100,000 | 0 | 0 | 4,160 | $505 | 0.1 mi |
B 4782 James Sold | $2,650,000 | 0 | 0 | 4,590 | $577 | 0.4 mi |
C 4891 Vista Drive Active | $2,490,000 List Price | 0 | 0 | 4,678 | $532 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1977 but qualifies as Good due to significant recent improvements including new building-wide plumbing, fresh paint, and interior upgrades like modern flooring and updated vanities. The property is well-maintained and marketed as a turnkey investment.
Situated in the highly desirable Huntington Harbour area adjacent to a park and minutes from the beach, ensuring high tenant demand and long-term appreciation.
Recent capital improvements including building-wide plumbing, fresh paint, and interior upgrades minimize immediate deferred maintenance and provide a move-in ready investment.
The property features a rare mix of one, two, and three-bedroom units, catering to a wide tenant demographic and offering superior rental versatility.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7841, other record lot size in square feet = 8125.
With three units locked into leases until 2027, the ability to immediately adjust rents to current market levels is restricted, limiting short-term cash flow growth.
Despite recent upgrades, the 1977 construction may necessitate ongoing maintenance of original structural components and systems typical of older multifamily assets.
Rare opportunity to own a well-maintained 4-unit multifamily property in the highly sought-after Huntington Harbour area of Huntington Beach, ideally located next to a peaceful park and just minutes from the beach. This attractive investment features an excellent unit mix consisting of one spacious 3-bedroom/2.5-bath unit, two 2-bedroom/2-bath units with private balconies, and one 1-bedroom/1-bath unit with a private patio. The property has undergone numerous recent improvements, including new building-wide plumbing, fresh paint, interior upgrades, and termite treatment, offering a turnkey investment with minimal deferred maintenance. All units are currently leased and generating stable income, with lease expirations as follows: the 1-bedroom unit expires in April 2027, one 2-bedroom unit expires in March 2027, the second 2-bedroom unit expires in May 2027, and the 3-bedroom unit is currently on a month-to-month tenancy. This lease structure provides both reliable cash flow and a clear opportunity to increase rents toward market levels. Additional highlights include separately metered gas and electricity, five detached garage spaces, on-site laundry facilities, and a prime location within an excellent school district and one of Orange County’s most desirable coastal communities. Combining strong in-place income, value-add potential, and exceptional proximity to parks, beaches, shopping, dining, and recreation, this Huntington Harbour fourplex presents a rare investment opportunity in a premier coastal market.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 4,300 | 4,090 |
| Lot Size | 7,841 | 8,069.5 |
| Price | $2.29M | $1.91M |
| Price per sq ft | $534 | $531 |
| Built year | 1977 | 1969 |
| HOA | $0 | $0 |
| Days on market | 29 | 56 |
Jun 23, 2026
$2,295,000
Initial Listing
May 12, 2004
$1,075,000
Public Record
Nov 25, 1998
$471,500
Public Record