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4822 Neely Cir1 / 39 · Click to zoom

About this home

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.

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Public-record history for this property.

🌊 Flood zoneX / Low/Medium Risk
🏷 Last sold$1,075,000 · Mar 2004
📋 Assessed value$1,528,420
💵 Annual tax$17,792
🏫 School districtHuntington Beach Union High School District

MLS #26136724MR

🔥 Risk & insurability

🔥 Fire hazard zoneNot in a State-designated fire hazard zone
🌊 FEMA flood zoneZone X — minimal/moderate flood risk

FEMA National Flood Hazard Layer · CAL FIRE 2024 FHSZ

🧮 Affordability calculator

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Estimated total monthly payment
$14,378
Principal & interest$11,605
Property tax$2,104
Home insurance$669
Down payment: $459,000Loan: $1,836,000

Estimates only — not a loan offer. Actual rates, taxes, and insurance vary. Talk with your agent and a lender for exact figures.