4981 Pearce St 3 Unit Apartment Building $1,999,000 ($666,333/Unit) 4.66% Cap Rate Huntington Beach, CA 92649

3 UNITS / TRIPLEX. Exceptional turnkey investment opportunity in Huntington Beach. Completely remodeled with permits, this rare income property is legally configured as a duplex plus a new permitted ADU, making it the perfect owner-occupied investment or addition to any real estate portfolio. Live in one unit while generating rental income from the other two, or maximize cash flow by leasing all three.
Every residence has been extensively renovated with contemporary finishes and features its own central A/C system, washer and dryer hookups (and washer/dryer units), private outdoor space, and a complete appliance package. The property is individually metered with 3 electric meters, 3 gas meters, and 3 water submeters, providing efficient and hassle-free property management.
Unit A offers approximately 1,400 square feet with 3 bedrooms and 3 bathrooms, including a desirable downstairs primary suite, an additional full bathroom on the main level, two upstairs bedrooms, a full upstairs bath, a private patio, and a private balcony.
Unit B features approximately 1,200 square feet with 2 bedrooms and 2 bathrooms. The functional layout includes a downstairs full bathroom, private rear patio, and two upstairs bedrooms. The primary bedroom enjoys direct bathroom access and its own private balcony.
Unit C is a newly constructed approximately 500 square foot ADU offering 2 bedrooms and 1 full bathroom on a single level, creating outstanding rental flexibility and additional income potential.
Additional amenities include parking for at least 6 vehicles, plus a detached one-car garage that can provide additional rental income or storage, and low-maintenance improvements throughout. Every major renovation has been completed, allowing the next owner to enjoy a truly turnkey property from day one.
Whether you're looking for a house hack, multigenerational living, a 1031 exchange replacement property, or a fully renovated investment with strong rental appeal, opportunities like this are exceptionally rare in Huntington Beach.