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(562) 412-2759
Real Estate Company
18902 Valley, Huntington Beach, CA 92646
- $2,150,000
- List Price
- $2,150,000
- Status
- ACTIVE
- MLS#
- OC26228580
- Year Built
- 1977
- Lot Size
- 7,841
- Acres
- 0.18
- Lot Location
- 0-1 Unit/Acre, Cul-De-Sac
- Days on Market
- 22
- Property Type
- Multifamily
- Property Sub Type
- Quadruplex
- Neighborhood
- Other
Property Description
Welcome investors to 18902 Valley Circle, a rarely available street in Huntington Beach offering strong current income and significant upside. This well-positioned 4-unit property features a highly desirable unit mix of four 2-bath and 2-bath units. One unit has the ability to be upgraded to a 3-bed with the addition of a closet. Each unit includes in-unit washer dryer hook-ups, and a private one-car garage, providing excellent tenant appeal and a competitive edge in the rental market. Recent capital improvements, new windows, new electric panels, new roof. These major upgrades reduce future maintenance costs and enhance the property’s long-term value. Current Income: $9,107 per month (approximately $109,284 annually), with a Cap Rate: Over 3.5% Pro Forma Income could be Over $15,000 per month. Properties with this unit mix, private garages, and recent major system updates do not come up often in Huntington Beach. The location offers convenient access to Surf City USA’s beaches, shopping, outstanding school district, dining, parks, and freeways, supporting strong, consistent rental demand. Ideal for investors seeking a cash-flowing asset with clear value-add potential through rent optimization and the benefit of recently completed major improvements.
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Additional Information
- Appliances
- Gas Range
- Pool Description
- None
- Fireplace Description
- Family Room, Living Room
- Heat
- Central, Natural Gas
- Cooling Description
- None
- View
- None
- Roof
- Flat
- Garage Spaces Total
- 4
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Balcony, Living Room Deck Attached, All Bedrooms Down
- Attached Structure
- Attached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $108,852
- Operating Expense
- 9123
Listing courtesy of Listing Agent: Jim Daly (jimd@theL3.com) from Listing Office: The L3.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.