Charlene Circle — photo 1Charlene Circle — photo 2Charlene Circle — photo 3Charlene Circle — photo 4Charlene Circle — photo 5Charlene Circle — photo 6
Fully Renovated 2019

Charlene Circle

Huntington Beach, CA 92649 · Orange County

Asking Price
$3,150,000

Ownership will review offers received by December 10, 2026.

Total Units
6
Year Built
1975
Building SF
4,558 SF
Current Rent Cap Rate
4.02%
Market Rent Cap Rate
4.14%
Investment Overview

About this property

Charlene Circle has completed all planned interior and exterior capital improvement projects and is now operating as a fully renovated, stabilized asset. The 6-unit property is currently 100% occupied, reflecting strong demand for well-maintained rental housing in the Huntington Beach market. A property management transition was successfully implemented in February 2026, with operations continuing smoothly throughout the change. The property's leasing performance has remained strong, with a newly executed lease establishing a market rental rate of $3,650 per month for a three-bedroom, two-bath unit—an 11.34% increase over the previous rent of $3,278 per month. This new benchmark demonstrates the property's ability to capture rental growth following its renovation program and supports continued revenue growth as future lease renewals occur.

Highlights

  • ✓Renovated — turnkey
  • ✓Huntington Harbour coastal submarket
  • ✓Boutique 6-unit scale
  • ✓Strong tenant demand
  • ✓Private patios / balconies
  • ✓Close proximity to beaches and HB's vibrant cultural scene