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

Huntington Beach, CA, 92648
$ 2,650,000
Baths1.0 Sq 3,631

Monthly Estimate*

$ 16,732

Listed by Compass
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Studio

Multi-Family Home for sale in Huntington Beach, CA

for $2,650,000 with 1 full bath. This 3,631 square foot home was built in 1975 on a lot size of 0.14.

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.

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Multi-Family Coming Soon

Price

$ 2,650,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.14

Year Built

1975

Town/City

Huntington Beach

County/Region

Orange

MLS | Web ID

OC26144065

Days on Market

12

Features
General
Sewer Public Sewer
Heating Wall Furnace
Utilities Cable Available Electricity Available Electricity Connected Natural Gas Available Natural Gas Connected Phone Available Sewer Available Sewer Connected Water Available Water Connected
Roof Flat
HOA Fee 0
Garage Spaces 4
Pool Features None
Security Features Carbon Monoxide Detector(s) Smoke Detector(s)
Year Built 1975
Electric Standard
Tenant Pays Cable TV
View Neighborhood
Stories Count 2
Levels Two
Property Subtype Quadruplex
Gross Income 139200
Community Features Curbs Street Lights
County Orange
Net Operating Income 80841
Operating Expense 48290
Insurance Expense 5600
New Construction false
Property Type Residential Income
HOA false
Contingency none
MaintenanceExpense 3000
Subdivision Name Old Towne
Garage Y/N true
Special Listing Conditions Standard
Status Coming Soon
Directions South of Adams between Lake St and Huntington St.
City Huntington Beach
Entry Location 1
Senior Community Y/N false
Open Parking Spaces 2
Number Of Units Total 4
MLS Area 15 - West Huntington Beach
Lot Size Units Square Feet
Lot Size Square Feet 6098
Number of Units Leased 4
Listing Terms Cash to New Loan
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 700
Fuel Expense 700
Property Condition Updated/Remodeled
Trash Expense 2100
Water Sewer Expense 1600
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Coming Soon
Year Built Source Assessor
Tax Lot 18
Total Actual Rent 104400
Property Sub Type Additional Quadruplex
Expected Active Date 2026-07-06
Taxes 29203
Cap Rate 3.05
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Interior
Fireplace Features None
Total Stories 2
Common Walls 2+ Common Walls
Heating Y/N true
Fireplace Y/N false
Laundry Features Common Area Laundry Room
Entry Level 1
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Exterior
Fencing Good Condition Wood
Parking Features Door-Single Garage Shared Driveway
Lot Features Front Yard Lawn
Water Source Public
Total Parking 6
Lot Size Area 6098
Number of Buildings 1
Spa false
Building Area Total 3631
Lot Size Acres 0.14
Road Surface Type Paved
Private Pool false
Lot Size Source Assessor
Pool Charge 0
Number of Separate Water Meters 1
Number of Separate Gas Meters 4
Number of Separate Electric Meters 4
Road Frontage Type Alley City Street
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* Excluded Features
List By
Compass

Broker

info@jodyclegg.com

Email

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$16,732
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Monthly Principal & Interest
$16,732
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Default based on a 30-year fixed rate of 6.49% 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.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/4/2026$2,650,000 Listed Price

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206 Portland Avenue, Huntington Beach, CA, 92648 is a Multi-Family Home for sale at $2,650,000 with 3,631 sqft and a lot size of 0.14. 206 Portland Avenue is a studio with 1.0 baths and was built in 1975. The property's zip code is 92648 which is in Huntington Beach, CA