
Huntington Beach, California 92649
This High-Potential Investment Opportunity is a Quadruplex listed at $2,490,000, positioned well below the $2,524,571 Fair Market Value by 1.37%. This valuation gap offers $34,571 in Instant Equity. Featuring a Good Condition Rating, the property boasts a Superior Unit Mix with Granite Kitchens and private outdoor spaces. With 25 years of pride-of-ownership, this stable asset provides immediate rental income. It is an ideal acquisition for Buy-and-Hold Investors or 1031 Exchange Buyers seeking long-term stability in a prime Huntington Beach location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4891 Vista Drive Subject | $2,490,000* List Price | 0 | 0 | 4,678 | $540 | - |
A 4782 James Sold | $2,650,000 | 0 | 0 | 4,590 | $577 | 0.5 mi |
B 4881 Vista Drive Sold | $2,100,000 | 0 | 0 | 4,160 | $505 | 0.0 mi |
C 16802 Hoskins Lane Active | $2,399,000 List Price | 0 | 0 | 4,335 | $553 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1979, the property has undergone significant interior renovations likely within the 5-15 year range, featuring granite countertops, updated cabinetry, and stainless steel appliances. It is exceptionally well-maintained, functional, and move-in ready, meeting the criteria for Good condition.
The property features a highly desirable mix including a spacious 3-bedroom townhome and three 2-bedroom units with dual primary suites, maximizing rental demand and tenant quality.
Boasting 25 years of pride-of-ownership, the building includes a durable tile roof and interior finishes such as granite countertops, updated cabinetry, and ceramic tile flooring.
Offers rare parking capacity with five enclosed garages plus three off-street spaces, while providing every tenant with private outdoor space via enclosed yards or balconies.
Only the front townhome unit offers in-unit laundry hookups, while the other three units must utilize a shared laundry room with leased machines.
Built in 1979, the property may require upcoming capital improvements to major systems that are not accounted for in the current basic operating expense figures.
Rare pride-of-ownership 4-unit investment opportunity being offered for sale for the first time in approximately 25 years. Situated on an approximately 9,700 square foot lot within a quiet cul-de-sac comprised of only 13 multifamily properties, this offering presents a unique opportunity to acquire a well-maintained asset in one of Huntington Beach's most desirable rental markets. Built in 1979, the property consists of approximately 4,678 square feet and has benefited from long-term ownership and attentive maintenance. It currently generates approximately $139,740 in gross annual income and features an excellent unit mix of one 3-bedroom, 2.5-bath townhome-style residence and three 2-bedroom, 2-bath units. The 3-bedroom residence offers amenities rarely found in competing rental properties, including a private enclosed yard, side patio, attached two-car garage with direct access, and in-unit washer and dryer hookups. Three 2-bedroom units feature highly desirable dual primary suite floorplans, providing broad appeal to roommates, families, and professional tenants alike. Units #2 and #4 include private balconies, while Unit #3 enjoys a private enclosed rear yard. Interior improvements include granite countertops, updated cabinetry, ceramic tile flooring in kitchens, dining areas, and bathrooms, along with spacious floorplans offering generous storage throughout. Thoughtful design and larger unit layouts have contributed to strong occupancy history and long-term resident appeal. Additional amenities include five enclosed garages with automatic openers, approximately three off-street parking spaces, a community laundry faculty, and attractive tile roofing on both buildings. Combined with private outdoor spaces, ample parking, and well-designed floorplans, these features create a living environment that is increasingly difficult to replicate in today's development landscape. Ideally located near Huntington Harbour, beaches, shopping, dining, and major transportation corridors, the property benefits from strong fundamentals within Orange County's coastal rental market. This offering combines stable in-place income, an attractive unit mix, excellent physical condition, and a highly sought-after location, making it well suited for investors seeking a quality multifamily asset. Operating expenses shown consist primarily of utilities, current property taxes, insurance, landscaping, and professional management.
No exterior & parking available.
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 | 4,678 | 4,634 | 50% |
| Lot Size | 9,700 | 7,629.5 | 75% |
| Price | $2.49M | $2.57M | 50% |
| Price per sq ft | $532 | $519 | 50% |
| Built year | 1979 | 1979 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 12 | 78 | 25% |
Jun 3, 2026
$2,490,000
Initial Listing
Sep 25, 2002
$730,000
Public Record