218 Indianapolis Avenue
Huntington Beach, CA, 92648 $ 2,700,000
Bedrooms5 Baths1.0 Sq 4,500 Monthly Estimate*
$ 16,624
Listed by Matthews Real Estate Investment Services
for $2,700,000 with 5 bedrooms and 1 full bath. This 4,500 square foot home was built in 1976 on a lot size of 0.18.
Don't miss this rare Huntington Beach opportunity. One of a kind triplex with a large private custom home in the front and two detached one bedroom units in the back above four single car garages. This rare property sits on an oversized lot spanning over 7,800 square feet with an impressive 60 feet of frontage, just a short walk from the beach, Pacific City, and Main Street. The centerpiece of the property is a large detached remodeled Spanish style home with five bedrooms and three full bathrooms across two spacious levels. The home offers an expansive layout featuring coffered ceilings, elegant Spanish arches, high ceilings, and an abundance of natural light. The main level includes two bedrooms and one renovated full bathroom, an open living and dining area, a recently renovated chef's kitchen with new countertops, and a family room complete with a fireplace. Upstairs, you'll find three additional bedrooms and two full bathrooms, including an oversized primary suite with a spacious floor plan, fireplace, walk in closet, and ensuite shower and tub combination. The home has been thoughtfully upgraded with brand new windows and coverings, luxury vinyl flooring, fresh paint, stainless steel appliances, and modern finishes throughout. The exterior has also been improved with a new concrete driveway, private deck, outdoor shower, and a new private fence separating the main residence from the rear units. In addition to the main residence, the property includes two oversized one bedroom units tucked away in the back above the garages. The rear units offer their own separate alley access, private garages, shared laundry and BBQ area, and two private balconies each. Both rear units have recently been renovated, with one unit currently leased at $2,295 per month and the second unit currently vacant. This is a unique opportunity for an owner seeking a coastal home with flexibility for multigenerational living or additional rental income, while also offering investors a generational asset in one of Huntington Beach's most desirable rental markets.
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FeaturesGeneralLiving Area 4500
Heating Central
Cooling Central Air
Garage Spaces 4
Year Built 1976
Stories Count 2
Levels Two
Gross Income 162000
County Orange
Net Operating Income 113529
New Construction false
Property Type Residential Income
HOA false
Garage Y/N true
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions See Google Maps
City Huntington Beach
Senior Community Y/N false
Open Parking Spaces 3
Number Of Units Total 3
MLS Area 15 - West Huntington Beach
Lot Size Units Square Feet
Lot Size Square Feet 7841
Standard Status Active
Year Built Source Estimated
Cap Rate 4.2
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InteriorTotal Stories 2
Air Conditioning Y/N true
Heating Y/N true
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 5
Total Baths 7
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ExteriorParking Features Driveway Private
Total Parking 7
Lot Size Area 7841
Number of Buildings 2
Building Area Total 4500
Lot Dimensions 60x128
Lot Size Acres 0.18
Lot Size Source Estimated
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* Excluded FeaturesList ByMatthews Real Estate Investment ServicesBroker
kyle.mirrafati@matthews.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $16,624
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Huntington Beach, CA
Average List Price $5,198,531
Percent of Sale Price 93%
About Huntington Beach, CA 200,643 Population
5% Since 2002
$ 88,114 Median Income
42.31 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/1/2026 | $2,700,000 | | Listed Price |