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Investment Highlights

  • 4-unit Covington-style multifamily in prime Huntington Beach location.
  • ±3,900 SF building on a ±0.20-acre lot with spacious floor plans.
  • On-site laundry facility provides added convenience and extra income.
  • All units upgraded to turn-key condition, minimizing capital expenses.
  • Individually metered for gas and electricity; includes garage parking.
  • Close to Bella Terra, I-405, Golden West College, and Huntington Beach.

Executive Summary

We are pleased to present 16752 Bardon Lane, a well-maintained Covington-style fourplex located in a sought-after residential pocket of Huntington Beach. Constructed in 1972, the asset sits on a ±0.20-acre corner parcel and encompasses approximately ±3,900 square feet of rentable space, with generously sized units averaging nearly ±1,000 square feet. The property offers a practical and appealing unit configuration, consisting of one three-bedroom/two-bath unit, two two-bedroom/two-bath units, and one two-bedroom/one-bath unit.
Each residence has been thoughtfully upgraded, providing a turnkey opportunity for investors seeking stable in-place income with minimal near-term capital requirements. Additional features include four garage spaces for secure tenant parking and storage, individual gas and electricity metering, and an on-site laundry facility that enhances resident convenience while creating supplemental revenue potential.
Positioned along a quiet residential street, the property benefits from proximity to Bella Terra, a wide array of dining and retail options, local parks, and quality schools. Accessibility is further supported by nearby connections to the 405 Freeway and Golden West College, while the Huntington Beach coastline remains just minutes away—reinforcing the asset’s long-term appeal within one of Southern California’s most established coastal rental markets.

Financial Summary (Actual - 2025)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $217,681 $55.82
Other Income $1,669 $0.43
Vacancy Loss $6,530 $1.67
Effective Gross Income $212,820 $54.57
Taxes $34,830 $8.93
Operating Expenses $21,400 $5.49
Total Expenses $56,229 $14.42
Net Operating Income $156,590 $40.15

Financial Summary (Actual - 2025)

Gross Rental Income (CAD)
Annual $217,681
Annual Per SF $55.82
Other Income (CAD)
Annual $1,669
Annual Per SF $0.43
Vacancy Loss (CAD)
Annual $6,530
Annual Per SF $1.67
Effective Gross Income (CAD)
Annual $212,820
Annual Per SF $54.57
Taxes (CAD)
Annual $34,830
Annual Per SF $8.93
Operating Expenses (CAD)
Annual $21,400
Annual Per SF $5.49
Total Expenses (CAD)
Annual $56,229
Annual Per SF $14.42
Net Operating Income (CAD)
Annual $156,590
Annual Per SF $40.15

Property Facts

Price $3,191,381 CAD
Price Per Unit $797,845 CAD
Sale Type Investment
Cap Rate 4.91%
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.20 AC
Building Size 3,900 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1972/2025
Parking Ratio 2.05/1,000 SF
Zoning Fourplex - Fourplex

Amenities

  • Smoke Detector

Unit Amenities

  • Balcony
  • Cable Ready
  • Disposal
  • Heating
  • Ceiling Fans
  • Kitchen
  • Oven
  • Stainless Steel Appliances
  • Range
  • Double Pane Windows
  • Lawn
  • Vinyl Flooring
  • Quartz Countertops

Site Amenities

  • Laundry Facilities

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+2 1 $5,562 CAD 1,200
2+2 2 $4,450 CAD 1,000
2+1 1 $3,678 CAD 700
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
20/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
142-231-46
Land Assessment
$2,053,182 CAD
Improvements Assessment
$254,400 CAD
Total Assessment
$2,307,581 CAD
Annual Taxes
$34,830 CAD ($8.93 CAD/SF)
Tax Year
2025
  • Listing ID: 40010899

  • Date on Market: 2026-04-02

  • Last Updated:

  • Address: 16752 Bardon Ln, Huntington Beach, CA 92647

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