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$2,299,999
Est. payment /mo
9 Beds
9 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
Subdivision Harbor Heights Villas (Hhva)
MLS Listing ID RS26115298
Bedrooms 9
Lot Size 8,276 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Rare pride-of-ownership fourplex in one of Huntington Beach's most desirable coastal pockets offered by a motivated seller with immediate value-add upside already in motion. The unit mix is exceptional and increasingly hard to replicate: two spacious 3-bedroom, 2.5-bath townhome-style residences, one 2-bedroom, 2-bath unit, and one 1-bedroom, 1-bath unit all on an 8,276 square foot lot with six private enclosed garages. Townhome-style layouts with generous square footage attract long-term tenants who stay, keeping vacancy low and turnover costs minimal. The income story is improving in real time. Rent increases are in process on multiple units through Q3 2026, bringing projected annual gross income to $116,412. One tenancy provides government-guaranteed income through a Section 8 housing voucher zero collection risk, consistent payment, and a built-in rent increase pathway through OCHA. Full market rent potential. For the right investor this is a straightforward coastal buy-and-hold with a documented path to market rents no renovation required, no lease restructuring needed. Time and turnover do the work. Ideally located minutes from Bolsa Chica Ecological Reserve, Huntington Harbour, world-famous beaches, and the retail and dining corridors along Warner Avenue and Bolsa Chica Road. One of coastal Orange County's most supply-constrained rental markets strong demand, virtually no new multifamily construction, and long-term appreciation fundamentals that are difficult to find at this price point. Perfect for a 1031 exchange buyer seeking a coastal asset with immediate in
Location
State CA
County Orange
Zoning Public Rec
Direction Blanton Lane and Pearce Drive
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 17818419
Acceptable Financing Exchange
Listing Terms Exchange
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Listed by Craig Wallace, DRE#01930723 Think Boutiq Real Estate