206 Portland Avenue

About this property

Rarely does an investment opportunity come along that perfectly captures the quintessential Huntington Beach lifestyle while offering solid fundamentals. Located at 206 Portland Ave, this well- maintained 4-plex is situated in the heart of one of Southern California’s most vibrant coastal pockets. Whether it’s grabbing a morning coffee downtown, heading to the pier for sunset, or exploring the local shops and restaurants, everything that makes HB famous is just moments away. The property consists of three generous 2-bedroom, 1-bathroom units, and one 2-bedroom, 2-bathroom unit, each designed for comfortable living. Every residential unit enjoys its own private outdoor space—either a yard, patio and/or balcony—perfect for soaking in the sun and sea breezes. Plus, the convenience of private garages for each unit is a major plus in this high-demand beach community. It has been lovingly cared for by a private owner for years, with a suite of recent capital improvements, both interior and exterior. The building is currently fully occupied by long-term tenants on month-to-month agreements, providing immediate cash flow with plenty of flexibility. The property also features separate on-site laundry facilities for additional income. Opportunities to own a highly desirable and well-maintained income property this close to the sand are few and far between. This is coastal living at its best—a blend of pride of ownership, a stellar location, and a smart investment for the long term.

Property details

MLS number

OC26144065

Status

Active

Type

Residential Income

Subtype

Quadruplex

Lot size

0.14 acres

County

Orange

Year built

1975

Stories

2