Property Detail

Description

Motivated Seller $100k Price improvement: FOUR-PLEX IN THE HEART OF HUNTINGTON BEACH Desirable Covington Model – Excellent Investment Opportunity This well-maintained four-unit property features four beautifully upgraded units with outstanding tenants in place. Ideally located in a prime Huntington Beach neighborhood, this income-producing asset offers strong cash flow and tremendous investor appeal. Unit Breakdown: • Unit 1: 3 Bed | 2 Bath – Single-level layout with a convenient private back entrance through the primary bedroom, enclosed side yard with gate access, cozy fireplace, and an additional dedicated parking spot. • Unit 2: 2 Bed | 2 Bath – Single-level unit featuring a large enclosed patio and a 1-car garage. • Unit 3: 2 Bed | 1.5 Bath – Two-story layout with an enclosed patio offering direct gate access to the parking lot, plus a 1-car garage and one exterior parking space. • Unit 4: 2 Bed | 1 Bath – Upstairs carriage unit with a charming front balcony and 1-car garage. Property Highlights: • All units have been extensively remodeled with quartz countertops, shaker-style cabinets, new stainless steel appliances, laminate flooring throughout, new windows, recessed lighting, and ceiling fans. • New heaters installed in all units approximately two years ago. • Interior and exterior freshly painted two years ago. • Property professionally tented one year ago. • Each unit includes its own garage. Additional shared garage space available. • On-site community laundry room with income-generating machines. • Convenient mail drop at each front door. • Beautifully landscaped breezeway. This turnkey investment offers excellent rental income with reliable tenants, low maintenance, and strong long-term value. Located less than 10 minutes from the beach and with easy access to major freeways, the property is also close to top-rated restaurants, shopping, schools, parks, and public transportation. Goldenwest College is within walking distance and across the street is Murdy Park that has activities all year long. A fantastic opportunity for investors seeking a high-performing multi-family asset in one of Southern California’s most desirable coastal markets.