Property Detail

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.