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$2,895,000
Est. payment /mo
8 Beds
8 Baths
8,276 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC26128187
Bedrooms 8
Lot Size 8,276 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Prime Huntington Beach 5-Unit Investment Opportunity. Exceptional, low-maintenance five-unit asset located in a highly desirable Huntington Beach neighborhood, offering strong value-add potential with extensive recent capital expenditures. The property features four identical two-bedroom, two-bathroom units with mirrored floor plans, including a unique ground-level unit (Unit 2) boasting a private wrap-around patio. These four units utilize a shared community laundry room. Units 1 and 2 have just been turned over with fresh paint, new carpet, and new shower doors, and are successfully stabilized on new one-year leases. Immediate upside is available as Unit 4 is vacating at the end of June, providing an ideal opportunity to renovate and capture market rent. The fifth unit (Unit 3) is a premium owners suite consisting of a one-bedroom layout with a private staircase/entrance, in-closet laundry, a half-bath, a full bath, and an additional standalone shower. The asset includes a total of nine assigned parking spaces, configured as six covered carports and three open spaces, with one carport dedicated to Unit 3 and the other Units are all assigned with two parkings spaces. Investors will benefit from minimal near-term CapEx due to significant recent infrastructure upgrades. Recent IMPROVEMENTS include NEW FURNACES for Units 1, 2, 4, and 5 (January 2026), full building TERMITE REPAIRS and FUMIGATION (May 2026), and fully compliant SB721 BALCONY and WALKWAY RE-COATINGS. Additionally, NEW SIEMENS ELECTRICAL SUB-PANELS were installed for all units alongside a NEW FLAT ROOF CARRYING
Location
State CA
County Orange
Zoning Assessor
Direction Bolsa Chica / Warner
Interior
Heating Fireplace
Fireplace No
Exterior
Utilities Available Sewer Connected
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 17826113
Acceptable Financing Conventional
Listing Terms Conventional
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Listed by Brandon Mungai, DRE#01885093 The Brand Haus Inc.
Nearby School & Business
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