
Huntington Beach, California 92648
This property represents a Prime Investment Opportunity, listed at a List Price of $1,850,000—positioned above the $1,527,706 Fair Market Value. While priced for its immediate income stability, the asset features a 6-bedroom, 4-bathroom layout with Granite Countertops and a Deck in the Parkside Classics community. Currently under a long-term lease generating $9,000 monthly with 5% annual increases, it offers a reliable cash-flow stream. With a Condition Rating of 3, this is a stable, income-producing asset ideal for Buy-and-Hold Investors or Portfolio Managers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7861 Daisy Subject | $1,850,000* List Price | 0 | 0 | 3,000 | $509 | - |
A 7309 Arcadia Sold | $1,447,500 | 3 | 3 | 2,444 | $592 | 0.9 mi |
B 7831 Daisy Circle Sold | $1,295,000 | 5 | 4 | 2,850 | $454 | - |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2001, the property is approximately 25 years old but is currently undergoing remodeling and improvements. The kitchen features granite countertops and stainless steel appliances, and the interior shows evidence of a fresh refresh (paint/flooring). While some core elements like the tile flooring are dated, the active maintenance and updates ensure it is move-in ready and functional.
The property generates a robust $9,000 monthly rent with built-in 5% annual increases and a long-term lease, offering immediate and growing cash flow for investors.
Currently undergoing remodeling and improvements to be completed prior to escrow, ensuring the asset is in prime condition with minimal immediate capital expenditure required.
Featuring 6 bedrooms and 4 bathrooms across 3,000 square feet, the spacious floor plan is a rare find in Huntington Beach, maximizing its utility and rental appeal.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3000, other record living area = 2850.
With a 5-year lease and a 5-year extension option in place, the property is strictly an investment play, excluding any buyers seeking a primary residence in the near future.
Despite tenants paying utilities, the owner remains responsible for all repairs and insurance, which may impact net ROI given the size and three-story complexity of the building.
Rare opportunity to acquire one of four tenant-occupied investment properties available individually or as part of a premier Orange County residential income portfolio. This property is currently leased at $9,000 per month under a 5-year lease with a 5-year extension option and 5% annual rent increases, providing immediate income and long-term stability for investors.This spacious three-story residence offers approximately 3,000 square feet with 6 bedrooms, 4 full bathrooms, and an attached two-car garage. The home features granite countertops, recessed lighting, a spacious kitchen, generous living areas, and a flexible floor plan designed to accommodate a variety of living arrangements.Currently undergoing remodeling and improvements expected to be completed prior to the close of escrow, this property is located in the desirable Parkside Classics community of Huntington Beach, close to shopping, restaurants, parks, schools, major freeways, and just minutes from the beach. Tenants currently pay all utilities and day-to-day operating expenses, while the owner is responsible for property taxes, insurance, and repairs.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 2.0 |
| Baths | 0.0 | 2.0 |
| Square foot | 3,000 | 1,098.828 |
| Lot Size | 24,336 | 43,662.511 |
| Price | $1.85M | $739.4K |
| Price per sq ft | $617 | $673 |
| Built year | 2001 | 1979 |
| HOA | $268.27 | $592 |
| Days on market | 45 | 58 |
Jul 26, 2026
$1,850,000
Initial Listing
Jul 7, 2021
$1,020,000
Public Record
May 27, 2005
$850,000
Public Record