2006 California, Huntington Beach, CA 92648
- $1,841,675
- Sold Price
- $1,841,675
- List Price
- $1,850,000
- Closing Date
- May 15, 2026
- Status
- CLOSED
- MLS#
- OC26052816
- Year Built
- 1963
- Lot Size
- 6,534
- Acres
- 0.15
- Lot Location
- Back Yard, Drip Irrigation/Bubblers, Front Yard, Sprinklers In Front, Lawn, Landscaped, Yard
- Days on Market
- 8
- Property Type
- Multifamily
- Style
- Cottage
- Property Sub Type
- Triplex
- Stories
- Two Levels
- Neighborhood
- Downtown Area (Down)
Property Description
Located in the highly desirable downtown area of Huntington Beach, this well-maintained triplex investment opportunity offers strong income potential, an excellent unit mix, and long-term upside. The property features three spacious units with separate utilities and attractive outdoor spaces. The front unit is a 3-bedroom, 2-bath with inside laundry, a detached two-car garage, and a large private backyard, creating the feel of a single-family home. The middle unit offers 2 bedrooms and 2 baths, inside laundry, a two-car attached garage without direct access, and a spacious backyard. This unit was extensively remodeled approximately three years ago with new flooring, cabinetry, countertops, updated bathrooms and shower, and fresh paint. The upper carriage unit, located above the garages, is a spacious 1-bedroom, 1-bath featuring two private balconies that capture refreshing ocean breezes. New carpeting was installed about four years ago. The property has been meticulously maintained by a longtime owner and features mature landscaping with a drip irrigation system. Utilities include three separate gas meters and three separate electric meters. The landlord currently pays water and trash. All units include full kitchens and tenants own their refrigerators. All units are currently occupied by long-term tenants who would like to remain while understanding rents will adjust toward market levels. Current gross scheduled income is approximately $85,800 annually (4.3% cap rate), with projected market rents estimated to bring gross scheduled income to approximately $113,000, offering strong upside potential. Conveniently located about one mile from Downtown Huntington Beach, the property offers easy access by bike, walk, or skateboard to shops, restaurants, and entertainment. The beach is approximately 1.5 miles away, with a park just around the corner and everyday shopping within walking distance. A rare opportunity to own a well-located income property in one of Orange County’s most sought-after beach communities.
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Additional Information
- Appliances
- Exhaust Fan, Free-Standing Range, Disposal, Gas Water Heater, Range Hood, Water Heater
- Pool Description
- None
- Fireplace Description
- Electric, Living Room
- Heat
- Forced Air, Wall Furnace
- Cooling Description
- None
- View
- Neighborhood
- Exterior Construction
- Stucco
- Roof
- Flat
- Garage Spaces Total
- 4
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Open Floorplan, Recessed Lighting, Bedroom on Main Level, Main Level Primary, Primary Suite, Walk-In Closet(s)
- Attached Structure
- Detached
- Number Of Units Total
- 3
- Gross Scheduled Income
- $85,800
- Operating Expense
- 9296
Listing courtesy of Listing Agent: Dani Walker (DaniWalker@FirstTeam.com) from Listing Office: First Team Real Estate.
Listing sold by Dani Walker from First Team 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.