4822 Neely

About This Property

Rare opportunity to own a well-maintained 4-unit multifamily property in the highly sought-after Huntington Harbour area of Huntington Beach, ideally located next to a peaceful park and just minutes from the beach. This attractive investment features an excellent unit mix consisting of one spacious 3-bedroom/2.5-bath unit, two 2-bedroom/2-bath units with private balconies, and one 1-bedroom/1-bath unit with a private patio. The property has undergone numerous recent improvements, including new building-wide plumbing, fresh paint, interior upgrades, and termite treatment, offering a turnkey investment with minimal deferred maintenance. All units are currently leased and generating stable income, with lease expirations as follows: the 1-bedroom unit expires in April 2027, one 2-bedroom unit expires in March 2027, the second 2-bedroom unit expires in May 2027, and the 3-bedroom unit is currently on a month-to-month tenancy. This lease structure provides both reliable cash flow and a clear opportunity to increase rents toward market levels. Additional highlights include separately metered gas and electricity, five detached garage spaces, on-site laundry facilities, and a prime location within an excellent school district and one of Orange County’s most desirable coastal communities. Combining strong in-place income, value-add potential, and exceptional proximity to parks, beaches, shopping, dining, and recreation, this Huntington Harbour fourplex presents a rare investment opportunity in a premier coastal market.

Neighborhood

This property is located in Huntington Beach. Want to learn more about the area?

Listing courtesy of HPT Realty

Listing data from CRMLS. Deemed reliable but not guaranteed.