18702 Demion Lane, Huntington Beach, California 92646, Huntington Beach, - bed, bath

home-pic
ACTIVE$2,050,000
18702 Demion Lane, Huntington Beach, California 92646
0Bed
0Bath
4,349Sqft
7,244Lot
Year Built
1971
Close
-
List price
$2.05M
Original List price
$2.15M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
LG25161051
Home ConditionFair
Features
Good View:
View-

About this home

Modern 4-Unit Property Situated on a Quiet Cul-de-Sac in South Huntington Beach. This well-maintained multifamily building features a desirable mix of units, including a spacious single-level front owner's unit with 3 bedrooms and 2 bathrooms. The rear of the property includes two 2-bedroom, 2-bath units and one 2-bedroom, 1-bath unit—offering a versatile layout ideal for both owner-occupants and investors. Units C and D have been upgraded with new flooring, bathrooms and kitchens. All units come with a private garage with washer/dryer hookups. Located less than 10 minutes from Huntington Beach, with convenient access to popular restaurants, shops, and entertainment. Quick connectivity to Beach Boulevard and the 405 Freeway makes commuting and coastal living effortless. Neighboring 4-unit also available can be sold together or separately.

Price History

Date
Event
Price
10/16/25
Price Change
$2,050,000-4.7%
07/18/25
Listing
$2,150,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (1 Listings)
Beds00
Baths00
Square foot4,3493,390
50%
Lot Size7,24423,650
50%
Price$2.05M$1.73M
50%
Price per square foot$471$523.5
50%
Built year19719856007
50%
HOA
Days on market110153
50%
Condition Rating
Fair

Built in 1971, this property is over 50 years old. While the listing states that two of the four units (C and D) have been upgraded with new flooring, bathrooms, and kitchens (as evidenced by the modern kitchen cabinets, LVP flooring, and stainless steel refrigerator in the images), the other two units and the overall building's major systems (plumbing, electrical, HVAC, roof) are likely original or have seen only piecemeal updates over five decades. The property is described as 'well-maintained,' suggesting functionality, but the partial nature of the renovations and the age of the core infrastructure indicate that significant components are outdated and will require substantial future investment and ongoing maintenance, aligning with the 'Fair' condition criteria.
Pros & Cons

Pros

Income-Generating & Versatile Layout: This quadruplex offers a desirable mix of units, including a spacious 3-bed owner's unit and three additional rental units (two 2-bed/2-bath, one 2-bed/1-bath), making it ideal for both owner-occupants seeking rental income and pure investors.
Premium Coastal Location: Situated on a quiet cul-de-sac in South Huntington Beach, the property is less than 10 minutes from the beach and offers convenient access to popular restaurants, shops, entertainment, and major freeways (Beach Blvd, 405).
Recent Unit Upgrades: Units C and D have been upgraded with new flooring, bathrooms, and kitchens, enhancing their appeal to tenants and reducing immediate renovation needs for those units.
Individual Unit Amenities: Each unit benefits from a private garage with washer/dryer hookups, a highly sought-after convenience that adds significant value and appeal for tenants.
Expansion Potential: The availability of the neighboring 4-unit property presents a unique opportunity for a buyer to acquire an 8-unit portfolio, offering significant scalability and investment growth potential.

Cons

Age of Property & Potential Deferred Maintenance: Built in 1971, the property is over 50 years old. While some units are upgraded, the remaining units and overall building systems (e.g., plumbing, electrical, roof) may require significant capital expenditures in the near future.
Partial Upgrades Only: Only two of the four units (C and D) are explicitly mentioned as having upgrades. The condition and modernization level of the owner's unit and the other 2-bedroom unit are not detailed, potentially requiring further investment.
Price Reduction: The property has seen a price reduction from $2.15M to $2.05M, which could suggest an initial overpricing or a slower market response, potentially indicating a need for further negotiation or a perceived higher value by the seller.

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