

Listed by HPT Commercial
$2,295,000
4822 Neely
Details
APN 17820164
Property Type Multifamily
Sub Type Apartment Building
Units 4
Buildings 1
Acreage 0.180
Zoning Public Rec
Multifamily | 4 Units
Marketing description
Rare opportunity to own a well-maintained 4-unit multifamily property in the highly sought-after Huntington Harbour area of Huntington Beach, ideally located next to a peaceful park and just minutes from the beach. This attractive investment features an excellent unit mix consisting of one spacious 3-bedroom/2.5-bath unit, two 2-bedroom/2-bath units with private balconies, and one 1-bedroom/1-bath unit with a private patio. The property has undergone numerous recent improvements, including new building-wide plumbing, fresh paint, interior upgrades, and termite treatment, offering a turnkey investment with minimal deferred maintenance. All units are currently leased and generating stable income, with lease expirations as follows: the 1-bedroom unit expires in April 2027, one 2-bedroom unit expires in March 2027, the second 2-bedroom unit expires in May 2027, and the 3-bedroom unit is currently on a month-to-month tenancy. This lease structure provides both reliable cash flow and a clear opportunity to increase rents toward market levels. Additional highlights include separately metered gas and electricity, five detached garage spaces, on-site laundry facilities, and a prime location within an excellent school district and one of Orange Countys most desirable coastal communities. Combining strong in-place income, value-add potential, and exceptional proximity to parks, beaches, shopping, dining, and recreation, this Huntington Harbour fourplex presents a rare investment opportunity in a premier coastal market.
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Listed by HPT Commercial
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Zoning
RM ResidentialMulti FamilyResidential Medium Density
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