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18881 Mora Kai Lane, Huntington Beach
$21,900,000
OC26230847 MLS ⋅ Active Status
We are pleased to present the Mora Kai Apartment Homes, located at 18881 Mora Kai Lane. This 42-unit multifamily investment opportunity is located in Huntington Beach. Built in 1964, the garden-style community totals approximately 46,060 rentable square feet on a ±2.76-acre lot. The property offers a desirable unit mix of 22 single-story two-bedroom / two-bathroom flats averaging approximately 1,000 square feet and 20 three-bedroom / two-bathroom townhomes averaging approximately 1,203 square feet. Set along a quiet, low-density residential street with a single point of ingress and egress, the asset is a well-maintained, fee simple community with a stable tenant base and spacious, family-oriented floor plans that support long-term tenancy. Half (21) of the forty-two units have been renovated, leaving upside for a Buyer to increase the already high 5% current CAP rate even higher. Each residence includes a private patio and in-unit washer and dryer, and the flat units have no neighbors above or below. Landscaped courtyards and walkable pathways surround a central swimming pool and community building. Parking includes covered carports, garages, and uncovered spaces on site, supplemented by street parking along Mora Kai Lane, and rented storage spaces are available, providing additional ancillary income potential. The property is located in a premier Orange County coastal market, just east of Beach Boulevard and north of Garfield Avenue. Daily conveniences are within walking distance, including Trader Joe's, Target, Ralphs, Albertsons, CVS, and Home Depot, along with a wide selection of local restaurants. Nearby recreation includes Harper Park, Langenbeck Park, Huntington Beach Central Park, the Huntington Beach Sports Complex, and the Huntington Beach Equestrian Center. Golden West College and Perry Elementary School are also close by. Residents are a short drive from Bolsa Chica State Beach, the Bolsa Chica Ecological Reserve, Pacific City, Downtown Huntington Beach, Main Street, and the Huntington Beach Pier. Access to the I-405 and Pacific Coast Highway provides excellent regional connectivity throughout Orange County. With its strong location fundamentals, attractive unit mix, and long-term rental demand, 18881 Mora Kai Lane represents a compelling investment opportunity in one of Southern California's most desirable multifamily markets.

18881 Mora Kai Lane, Huntington Beach
8071 Garfield, Huntington Beach
$16,125,000
OC26189867 MLS ⋅ Active Status
This 34-unit split-level complex located off Beach and Garfield is an excellent investment opportunity for an intermediate to advanced buyer. The complex is split between two buildings: 8071 with 16 units (seven one-bedrooms, eight two-bedrooms, and one three-bedroom) and 8081 with 18 units (eight one-bedrooms, nine two-bedrooms, and one three-bedroom). One-bedroom units come standard with one and a half baths; two-bedroom and three-bedroom units come with two and a half baths. Each unit is separately metered for gas and electric, and the owner pays for water. Each unit has hookups for a stackable washer dryer. The complex includes 44 garages (21 in 8071 and 23 in 8081) as well as 25 uncovered parking spaces.

8071 Garfield, Huntington Beach

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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