16692 Blanton Lane, Huntington Beach, CA 92649

Property Description

Rare pride-of-ownership fourplex in one of Huntington Beach's most desirable coastal pockets — offered by a motivated seller with immediate value-add upside already in motion. The unit mix is exceptional and increasingly hard to replicate: two spacious 3-bedroom, 2.5-bath townhome-style residences, one 2-bedroom, 2-bath unit, and one 1-bedroom, 1-bath unit — all on an 8,276 square foot lot with six private enclosed garages. Townhome-style layouts with generous square footage attract long-term tenants who stay, keeping vacancy low and turnover costs minimal. The income story is improving in real time. Rent increases are in process on multiple units through Q3 2026, bringing projected annual gross income to $116,412. One tenancy provides government-guaranteed income through a Section 8 housing voucher — zero collection risk, consistent payment, and a built-in rent increase pathway through OCHA. Full market rent potential. For the right investor this is a straightforward coastal buy-and-hold with a documented path to market rents — no renovation required, no lease restructuring needed. Time and turnover do the work. Ideally located minutes from Bolsa Chica Ecological Reserve, Huntington Harbour, world-famous beaches, and the retail and dining corridors along Warner Avenue and Bolsa Chica Road. One of coastal Orange County's most supply-constrained rental markets — strong demand, virtually no new multifamily construction, and long-term appreciation fundamentals that are difficult to find at this price point. Perfect for a 1031 exchange buyer seeking a coastal asset with immediate income and long-term upside, a portfolio investor adding a low-maintenance hold, or an owner-user who wants a premium 3-bedroom townhome-style primary residence with three income units covering the majority of carrying costs. All tenants are month-to-month. Inspections subject to accepted offer. Do not disturb tenants. ****PLEASE SEE T12 FOR MORE ACCURATE FINACIALS , LOCATED IN SUPPLEMENTS*******