New Listing
18902 Valley,Huntington Beach, CA 92646
Huntington Beach, CA 92646
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.
Details
| MLS # | OC26228580 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1977 |
| Days On Site | 1 |
| Listing Provided By | The L3 | Jim Daly |
Features
| SQ Feet | 4,376 |
|---|---|
| Garage | 4 |
| Story(s) | 2 |
| Units | 4 |
| Building(s) | 1 |
| Acreage | 0.18 |
| Golf Course | Yes |
| Property View | None |
Interior
| Cooling | None |
|---|---|
| Heating | Central, Natural Gas |
| Heating Yes / No | Yes |
| Cooling Yes / No | No |
| Interior Features | Balcony, Living Room Deck Attached, All Bedrooms Down |
| Appliances | Gas Range |
| Fireplace Yes / No | Yes |
Exterior
| Roof | Flat |
|---|---|
| Security Features | Carbon Monoxide Detectors, Smoke Detectors |
| Foundation Details | Slab |
| Lot Features | Zero To One Unit Acre, Cul De Sac |
Parking
| Parking Features | Garage |
|---|---|
| Garage Yes / No | Yes |
Utilities
| Utilities | Cable Available, Electricity Available, Natural Gas Available |
|---|---|
| Electric | Standard |
| Sewer | Public Sewer |
Location
| Community Features | Biking, Curbs, Golf, Gutters, Hiking, Storm Drains, Street Lights, Sidewalks |
|---|
Area Information
| State | CA |
|---|---|
| County | Orange |
| City | Huntington Beach |
| Zip Code | 92646 |
| Area | 14 South Huntington Beach |
| Community Name | Other |
| Listing VS Median (in Other) | |
Price: $2,150,000 low | high Med: $800,000 sqft: 4,376 low | high Med: 1,847 $ / sqft: $491 low | high Med: $437 On site: 1 low | high Med: 28.5 | |
Market Activity 92646
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Learn More About This Property
| State | CA |
|---|---|
| County | Orange |
| City | Huntington Beach |
| Zip Code | 92646 |
| Area | 14 South Huntington Beach |
| Community Name | Other |
| Listing VS Median (in Other) | |
Price: $2,150,000 low | high Med: $800,000 sqft: 4,376 low | high Med: 1,847 $ / sqft: $491 low | high Med: $437 On site: 1 low | high Med: 28.5 | |
 | $2,250,00018742 LibraHuntington Beach, CA 92646 |