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$ 2,650,000
Est. payment | /mo
8 Beds
4 Baths
6,098 Sqft Lot
$ 2,650,000
Est. payment | /mo
8 Beds
4 Baths
6,098 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC26144065
Bedrooms 8
Lot Size 6,098 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Rarely does an investment opportunity come along that perfectly captures the quintessential Huntington Beach lifestyle while offering solid fundamentals. Located at 206 Portland Ave, this well- maintained 4-plex is situated in the heart of one of Southern Californias most vibrant coastal pockets. Whether its grabbing a morning coffee downtown, heading to the pier for sunset, or exploring the local shops and restaurants, everything that makes HB famous is just moments away. The property consists of four generous 2-bedroom, 1-bathroom units, each designed for comfortable living. Every residential unit enjoys its own private outdoor spaceeither a yard, patio and/or balconyperfect for soaking in the sun and sea breezes. Plus, the convenience of private garages for each unit is a major plus in this high-demand beach community. It has been lovingly cared for by a private owner for years, with a suite of recent capital improvements, both interior and exterior. The building is currently fully occupied by long-term tenants on month-to-month agreements, providing immediate cash flow with plenty of flexibility. The property also features separate on-site laundry facilities for additional income. Opportunities to own a highly desirable and well-maintained income property this close to the sand are few and far between. This is coastal living at its besta blend of pride of ownership, a stellar location, and a smart investment for the long term.
Location
State CA
County Orange
Zoning Assessor
Direction South of Adams, between Lake St and Huntington St.
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 02504224
Listed by Jody Clegg, DRE#01230876 Compass
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "