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Listed by Robert Tran • HPT Realty
$ 2,295,000
Est. payment /mo
Active
4822 Neely Circle Huntington Beach, CA 92649
4,300 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,300 sqft
Price per Sqft $533
MLS Listing ID OC-25231509
Year Built 1977
Lot Size 8,125 Sqft
Property Sub-Type Quadruplex
Source California Regional Multiple Listing Service (CRMLS)
Property Description
Don't miss this rare, high-potential investment opportunity to own a beautifully updated, 4-unit property in the highly desirable Huntington Beach Harbour, located just steps from the ocean and next to a peaceful park. This quiet, well-maintained complex features an excellent mix—a spacious 3-bed/2.5-bath unit, two 2-bed/2-bath units with balconies, and a 1-bed/1-bath unit with private patio —all supported by high-value recent upgrades including new building-wide plumbing, fresh paint, interior improvements, and termite treatment. All units are currently leased (Section 8), generating strong immediate income, with leases expiring in March, May, and October 2026 and one already Month-to-Month (MTM), offering a clear and immediate path to increase returns toward market rents, which reach $4,200 for 3-beds, $3,200 for 2-bed, and $2,200 for 1-bed, positioning this property as a fantastic income-generating asset in a prime coastal location with five covered garage spaces and on-site laundry.
Location
State CA
County Orange
Area 15 - West Huntington Beach
Interior
Laundry Common Area, Dryer Included, Gas Dryer Hookup, Individual Room, Washer Hookup, Washer Included
Exterior
Parking Features Garage, Garage Faces Rear
Garage Spaces 5.0
Pool None
Community Features Park
Building
Lot Description Cul-De-Sac, Park Nearby
Sewer Public Sewer