35
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$2,150,000
Est. payment /mo
8 Beds
8 Baths
7,841 Sqft Lot
New
18902 Valley Huntington Beach, CA 92646
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC26228580
Bedrooms 8
Lot Size 7,841 Sqft
Property Sub-Type Res Income 2-4 Units
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 propertys 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 USAs 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.
Location
State CA
County Orange
Zoning Assessor
Direction From Newland right on Valley Circle
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 15745216
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
Listed by Jim Daly, DRE#02089079 The L3
Nearby Locations
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