Huntington Beach, CA 92648 206 Portland Avenue
$2,650,000



54 more






















































Presented By: Jody Clegg with Compass; 714-515-7052
Home Details
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 four generous 2-bedroom, 1-bathroom units, 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.
Presented By: Jody Clegg with Compass; 714-515-7052
Interior Features for 206 Portland Avenue
Other Interior Features
Common Walls2+ Common Walls
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesCommon Area, Laundry Room
Total Stories2
Other Rooms
Entry Level1
General for 206 Portland Avenue
Additional Parcels Y/NNo
Building Area UnitsSquare Feet
Cap Rate3.05
CityHuntington Beach
Community FeaturesCurbs, Street Lights
Contingencynone
CountyOrange
DirectionsSouth of Adams, between Lake St and Huntington St.
ElectricStandard
Electric Expense700
Entry Location1
Expected Active Date 2026-07-06
Fuel Expense700
Garage Spaces4
Garage Y/NYes
Gross Income139200
HOANo
HOA Fee$
HeatingWall Furnace
Insurance Expense5600
Land Lease Y/NNo
LevelsTwo
Listing TermsCash to New Loan
Lot Size Square Feet6098
Lot Size UnitsSquare Feet
MLS Area15 - West Huntington Beach
MaintenanceExpense3000
Net Operating Income80841
New ConstructionNo
Number Of Units Total4
Number of Units Leased4
Open Parking Spaces2
Operating Expense48290
Pool FeaturesNone
PostalCityHUNTINGTON BEACH
Property Attached Y/NYes
Property ConditionUpdated/Remodeled
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidential Income
Rent Control Y/NNo
RoofFlat
Security FeaturesCarbon Monoxide Detector(s), Smoke Detector(s)
Senior Community Y/NNo
SewerPublic Sewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count2
Subdivision NameOld Towne
Tax Lot18
Taxes$29,203
Tenant PaysCable TV
Total Actual Rent104400
Trash Expense2100
UtilitiesCable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Available, Sewer Connected, Water Available, Water Connected
ViewNeighborhood
Water Sewer Expense1600
Year Built1975
Year Built SourceAssessor
Exterior for 206 Portland Avenue
Building Area Total3631
FencingGood Condition, Wood
Lot FeaturesFront Yard, Lawn
Lot Size Acres0.14
Lot Size Area6098
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters1
Parking FeaturesDoor-Single, Garage, Shared Driveway
Pool Charge0
Private PoolNo
Road Frontage TypeAlley, City Street
Road Surface TypePaved
SpaNo
Total Parking6
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Josh Russell
Realtor®

SQFT • 3,631