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.
For sale
Listed by: Compass • Jody Clegg • Contact: 714-515-7052
Price cut: $200K (8/5)
$2,450,000
206 Portland Ave, Huntington Beach, CA 92648
8beds
4baths
3,631sqft
Quadruplex
Built in 1975
-- sqft lot
$-- Zestimate®
$675/sqft
$-- HOA
What's special
- 58 days
- 271
- 13
Zillow last checked:
Listing updated:
Listed by:
Jody Clegg DRE #01230876 714-515-7052,
Compass,
Kelly Burke DRE #02002252 714-319-0860,
Compass
Source: CRMLS,MLS#: OC26144065
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Wall Furnace
Appliances
- Laundry: Common Area, Laundry Room
Features
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 3,631
- Total interior livable area: 3,631 sqft
Property
Parking
- Total spaces: 6
- Parking features: Door-Single, Garage, Shared Driveway
- Garage spaces: 4
- Uncovered spaces: 2
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
- Spa features: None
- Fencing: Good Condition,Wood
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 6,098 Square Feet
- Features: Front Yard, Lawn
Details
- Parcel number: 02504224
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Materials
- Roof: Flat
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1975
Utilities & green energy
- Electric: Standard
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Available, Sewer Connected, Water Available, Water Connected
Community & HOA
Community
- Features: Curbs, Street Lights
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
- Subdivision: Old Towne
Location
- Region: Huntington Beach
Financial & listing details
- Price per square foot: $675/sqft
- Tax assessed value: $639,839
- Date on market: 7/6/2026
- Cumulative days on market: 59 days
- Listing terms: Cash to New Loan
- Total actual rent: 104400
- Tenant pays: Cable TV
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$3,699/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/5/2026 | Price change | $2,450,000-7.5%$675/sqft |
Source:  CRMLS #OC26144065 Report a problem | ||
| 7/6/2026 | Listed for sale | $2,650,000$730/sqft |
Source: CRMLS #OC26144065 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $639,839 +2% |
| 2025 | $8,004 +1.9% | $627,294 +2% |
| 2024 | $7,854 +2.4% | $614,995 +2% |
| 2023 | $7,670 +2.7% | $602,937 +2% |
| 2022 | $7,466 +1.8% | $591,115 +2% |
| 2021 | $7,333 +0.7% | $579,525 +1% |
| 2020 | $7,282 | $573,583 +2% |
| 2019 | $7,282 +1.1% | $562,337 +2% |
| 2018 | $7,204 +2.9% | $551,311 +2% |
| 2017 | $7,001 | $540,501 +2% |
| 2016 | $7,001 +4.3% | $529,903 +1.5% |
| 2015 | $6,713 +3.2% | $521,944 +2% |
| 2014 | $6,506 | $511,720 +0.5% |
| 2013 | -- | $509,408 +2% |
| 2012 | -- | $499,420 +2% |
| 2011 | -- | $489,628 +0.8% |
| 2010 | -- | $485,969 -0.2% |
| 2009 | -- | $487,125 +2% |
| 2008 | -- | $477,574 +2% |
| 2007 | -- | $468,210 +2% |
| 2006 | -- | $459,030 +2% |
| 2005 | -- | $450,030 +2% |
| 2004 | -- | $441,206 +1.9% |
| 2003 | -- | $433,120 +2% |
| 2002 | -- | $424,628 +2% |
| 2001 | $4,436 -2.6% | $416,302 +2% |
| 2000 | $4,554 | $408,140 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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