18902 Valley, Huntington Beach, CA 92646
18902 Valley, Huntington Beach, CA 92646
18902 Valley, Huntington Beach, CA 92646
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$2,150,000
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7,840 Sqft Lot
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18902 Valley Huntington Beach, CA 92646

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Patrick Fossati

Patrick Fossati

+1(805) 910-0463

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC26228580

HOA Y/N No

Year Built 1977

Lot Size 7,840 Sqft

Property Sub-Type Quadruplex

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.

Location

State CA

County Orange

Area 14 - South Huntington Beach

Interior

Interior Features Balcony, Living Room Deck Attached, All Bedrooms Down

Heating Central, Natural Gas

Cooling None

Flooring Carpet, Laminate, Vinyl

Fireplaces Type Family Room, Living Room

Fireplace Yes

Appliance Gas Range

Laundry Inside

Exterior

Parking Features Garage

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Biking, Curbs, Golf, Gutter(s), Hiking, Storm Drain(s), Street Lights, Sidewalks

Utilities Available Cable Available, Electricity Available, Natural Gas Available

View Y/N No

View None

Roof Type Flat

Total Parking Spaces 6

Private Pool No

Building

Lot Description 0-1 Unit/Acre, Cul-De-Sac

Story 2

Foundation Slab

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 15745216

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Standard, Trust

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Jim Daly The L3 714-292-7869, DRE #02089079

NEARBY SCHOOL & BUSINESS

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Patrick Fossati

Patrick Fossati

Broker Associate License ID: 01907255

+1(805) 910-0463

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