
Huntington Beach, California 92649
This fourplex represents a High-Potential Investment Opportunity, listed at $2,425,000—positioned above the $2,323,111 Fair Market Value. Despite the premium, the property offers a stable Condition Rating of 3 with over $90,000 in recent capital improvements, including a new roof and renovated units. Located in the desirable Marina High School neighborhood with a <3% historical vacancy rate, this Residential Income asset features individual utility metering and private patios. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey, income-generating property in a prime cul-de-sac location.
Property is move-in ready.
Although built in 1972, the property has received over $90,000 in recent capital improvements within the last 24 months, including a new roof and dual-pane windows. Two of the four units have been fully renovated with modern shaker cabinets and quartz countertops, making the overall condition well-maintained and move-in ready.
Situated on a quiet cul-de-sac in the desirable Marina High School neighborhood, the property boasts a historical vacancy rate of less than 3%, ensuring consistent and reliable rental income.
With over $90,000 recently invested in a new roof, dual-pane windows, and two fully renovated units featuring quartz countertops and shaker cabinets, the property offers a strong foundation with reduced immediate maintenance needs.
Individual gas and electricity meters for each unit significantly lower ownership expenses by shifting utility costs to tenants, maximizing the net operating income for the investor.
While two units have been thoroughly renovated, the remaining two units likely require additional capital investment to modernize and achieve top-of-market rental rates.
The property lacks any significant views, which may limit its competitive edge and long-term appreciation potential compared to other coastal Huntington Beach real estate.
STRONG INVESTMENT OPPORTUNITY- Strong Rents, Value Add Opportunity and Owner Occupancy Opportunity. This fourplex in North Huntington Beach is located in the highly desirable Marina High School neighborhood on a secluded cul-de-sac with a local community park and Marina High School less than one block away, ensuring reliable and consistent long term residents. Historical vacancy rate is less than 3% per year. The property includes a comprehensive list of amenities for each unit, including a private patio, garage space with laundry hookups, and additional dedicated off street parking . The unit mix includes a 3 bedroom, and a 2 bedroom unit on the ground floor, and two, 2 bedroom units on the second floor. Landscaping is easily managed, and each unit has its own electricity and gas meter, which ensures low Ownership expenses. Over the last 24 months the current Ownership has made significant investments in capital items, including thorough renovations of the two upstairs units, a new roof with architectural composite shingles, new dual pane windows in Units 1 and 4, and numerous other upkeep items. The two unit renovations included shakar cabinets and quartz countertops in the kitchens, new carpet and fresh paint throughout, and a new bathroom vanity with quartz countertop (in Unit 4 only). Total Owner investment in capital items exceeded $90,000.00 - strong evidence of positive Ownership involvement and a strong foundation for this fantastic opportunity next Owner. Leases include a mix of month to month tenancies, and term leases, each of which expires in April of 2027. The flexible sales timeline and current month to month leases provide a unique opportunity for a future Owner Occupant.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 2.0 |
| Square foot | 4,274 | 3,755.571 |
| Lot Size | 7,675 | 7,158 |
| Price | $2.42M | $1.85M |
| Price per sq ft | $567 | $535 |
| Built year | 1972 | 1966 |
| HOA | $0 | $0 |
| Days on market | 19 | 50 |
Aug 21, 2026
$2,425,000
Initial Listing
Jun 7, 2002
$729,000
Public Record