$1,995,000
$200K PRICE DROP

Estimated payment $12,781/month

Total Views 6,517
8 Beds
6 Baths
3,761 Sq Ft
$530 Price per Sq Ft

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • 4 Car Garage
  • Marine View Middle Rated A-
  • Laundry Room
  • Vinyl Flooring

About This Home

PRICE IMPROVEMENT!! PRIDE OF OWNERSHIP 4-PLEX! We are pleased to offer for sale this well-located property in the highly desirable rental market of Huntington Beach. This asset provides an excellent unit mix of VERY LARGE units (approx. 950 sq. ft. per unit) of 75% 2 bedroom & 3 bedroom units that have ALL been completely renovated with new kitchens, bathrooms, and flooring within the last year! The exterior has also been renovated with new paint, newer windows and garage doors. There are also A/C units and in unit washer and dryer hook-ups in each unit and garages for tenants to enjoy. The property is also individually metered for gas and electric which keeps operating expenses low for the owner. Actual in place rents are also very strong allowing a new owner to have great cash flow from day 1 without the need to significantly raise rents. Three of the four units also have ground level entry. Property qualifies for 30 year fixed residential financing.

Listing Agent

Ruben Khorsandi

Alliance Investment RE Group Brokerage Phone: 949-683-6662 License #01085411 Listed on: 06/03/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 8,036 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage
  • 2 Open Parking Spaces
  • Parking Available

Home Design

  • Apartment

Interior Spaces

  • 3,761 Sq Ft Home
  • 2-Story Property
  • Vinyl Flooring
  • Gas Range

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Additional Features

  • Exterior Lighting
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tax Lot 25
  • Tax Tract Number 5326
  • Assessor Parcel Number 11137115
  • $1,074 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $500
  • Fuel Expense $250
  • Insurance Expense $2,500
  • Trash Expense $4,320
  • Water Sewer Expense $2,500
  • Operating Expense $35,518
  • Gross Income $139,560
  • Net Operating Income $104,042

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Parking

4

Listing Details

  • Price Per Unit: 498750
  • Property Attached: Yes
  • Water Sewer Expenses: 2500.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 11137115
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: Ground
  • Common Walls: 1 Common Wall
  • Flooring: Vinyl
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 530.44

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 2.00

Utilities

  • Laundry: Yes
  • Appliances: Gas Range
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Trash Expense: 4320.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 8036.00
  • Lot Size Acres: 0.1845

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 500.00
  • Fuel Expense: 250.00
  • Gross Income: 139560.00
  • Gross Scheduled Income: 139560.00
  • Insurance Expense: 2500.00
  • Lot Size Area: 8036.0000 Square Feet
  • Net Operating Income: 104042.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 35518.00
  • Rent Control: No
  • Total Expenses: 35518.00

Tax Info

  • Tax Census Tract: 994.02
  • Tax Lot: 25
  • Tax Tract Number: 5326
  • TaxOtherAnnualAssessmentAmount: 1074.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2025 07/17/25 Price Changed $1,995,000 -9.1% $530 / Sq Ft
06/03/2025 06/03/25 For Sale $2,195,000 +37.2% $584 / Sq Ft
04/01/2024 04/01/24 Sold $1,600,000 -1.5% $425 / Sq Ft
03/25/2024 03/25/24 Pending -- -- --
03/18/2024 03/18/24 For Sale $1,625,000 -- $432 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25124136

California Regional Multiple Listing Service (CRMLS)

APN: 111-371-15