16932 Lilac Lane, Huntington Beach, CA 92647

$2,100,000

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Sold Price
$2,100,000
List Price
$2,100,000
Closing Date
Jun 10, 2026
Status
CLOSED
MLS#
OC26040008
Year Built
1972
Lot Size
7,405
Acres
0.17
Lot Location
2-5 Units/Acre
Days on Market
47
Property Type
Multifamily
Property Sub Type
Apartment
Stories
Two Levels

Property Description

We are pleased to present 16932 Lilac Lane, a pride-of-ownership Covington-style fourplex located in a highly desirable residential pocket of Huntington Beach. Built in 1972, the property sits on a large 7,453 square-foot corner lot and totals approximately 4,358 square feet of rentable space, offering spacious layouts averaging over 1,000 square feet per unit - a rare feature for a fourplex in today’s market. The property features an excellent and highly functional unit mix, including a spacious single-story 3-bedroom / 2-bathroom owner’s unit, two large 2-bedroom / 2-bathroom units, and one 2-bedroom / 1-bathroom unit located above the garages. The 3-bedroom owner’s unit includes a fireplace, private patio, and a dedicated two-car garage, making the property especially attractive for owner-occupants seeking rental income or investors targeting high-quality tenants. Each unit benefits from individual gas and electric metering, its own hot water heater, private garage parking, and washer/dryer hookups located in the garages, in addition to an on-site laundry room that provides added convenience and supplemental income potential. Two units have undergone extensive renovations, enhancing long-term rental appeal while still leaving room for future upside. The property is ideally situated on a quiet residential street, just minutes from Bella Terra Shopping Center, restaurants, parks, schools, and major employment hubs. Residents also enjoy easy access to the 405 Freeway, Golden West College, and the Huntington Beach coastline—making this an exceptional long-term investment in one of Southern California’s most desirable coastal rental markets.

Additional Information

Appliances
Dishwasher, Disposal, Gas Oven, Gas Range, Range Hood
Pool Description
None
Fireplace Description
Living Room
Heat
Central
Roof
Composition
Garage Spaces Total
5
Sewer
Public Sewer
Water
Public
Interior Features
Balcony, Ceiling Fan(s)
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$132,564
Operating Expense
42292

Listing courtesy of Listing Agent: Mark Bridge (Mark.Bridge@matthews.com) from Listing Office: Mark Bridge, Broker.

Listing sold by Riham Aboelsad Kodsy from Colonial Real Estate

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.