We are pleased to present 16932 Lilac Lane, a pride-of-ownership Covington-style fourplex located in a highly desirable residential pocket of Huntington Beach. Built in 1972, the property sits on a large 7,453 square-foot corner lot and totals approximately 4,358 square feet of rentable space, offering spacious layouts averaging over 1,000 square feet per unit - a rare feature for a fourplex in today’s market.
The property features an excellent and highly functional unit mix, including a spacious single-story 3-bedroom / 2-bathroom owner’s unit, two large 2-bedroom / 2-bathroom units, and one 2-bedroom / 1-bathroom unit located above the garages. The 3-bedroom owner’s unit includes a fireplace, private patio, and a dedicated two-car garage, making the property especially attractive for owner-occupants seeking rental income or investors targeting high-quality tenants.
Each unit benefits from individual gas and electric metering, its own hot water heater, private garage parking, and washer/dryer hookups located in the garages, in addition to an on-site laundry room that provides added convenience and supplemental income potential. Two units have undergone extensive renovations, enhancing long-term rental appeal while still leaving room for future upside.
The property is ideally situated on a quiet residential street, just minutes from Bella Terra Shopping Center, restaurants, parks, schools, and major employment hubs. Residents also enjoy easy access to the 405 Freeway, Golden West College, and the Huntington Beach coastline—making this an exceptional long-term investment in one of Southern California’s most desirable coastal rental markets.
Listed by Mark Bridge
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License #01316702
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Mark Bridge, Broker
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Mark.Bridge@matthews.com
Last updated March 05, 2026
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Source: CRMLS #OC26040008
Listing Facts
TypeMulti-family
NeighborhoodGoldenwest
Days on Prevu20
Amenities
Dishwasher
Parking
Location
Mortgage Calculator
Listing History
02/24/2026
Listed by Mark Bridge, Broker
$2,100,000
Property Details for 16932 Lilac Lane
Association
Amenities
Community Features: Curbs, Gutter(s), Storm Drain(s), Street Lights, Suburban, Sidewalks
Exterior
Construction
Number Of Units Total: 4
Property Attached: Yes
Property Condition: Updated/Remodeled, Turnkey
Roof: Composition
Stories: 2
Stories Total: 2
Window Features: Double Pane Windows
Year Built: 1972
Common Walls: 1 Common Wall
Entry Level: 1
Entry Location: First
Exterior Features: Awning(s)
Features
Road Frontage Type: Alley,City Street
Measurements
Building Area Total: 4,358
Building Area Units: Square Feet
Lot Features: 2-5 Units/Acre
Lot Size Acres: 0.17
Lot Size Area: 0
Lot Size Source: Assessor
Lot Size Square Feet: 7,405
Lot Size Units: Acres
Financial
Residential Income
Cap Rate: 4.11
Gross Income: $132,564.00
Operating Expense: $42,292.00
Taxes
Parcel Number: 14223229
Interior
Features
Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Range Hood
Fireplace Features: Living Room
Fireplace: Yes
Interior Features: Balcony, Ceiling Fan(s)
Other
Location
Tax Block: 232
Tax Lot: 142
Parking
Parking
Garage Spaces: 5
Garage: Yes
Open Parking Spaces: 3
Parking Features: Assigned, Garage
Parking Total: 8
Utilities
Equipment
Heating: Central
Has Heating: Yes
Laundry Features: Common Area, Washer Hookup, Gas Dryer Hookup
Sewer: Public Sewer
Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Water Source: Public
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There is bedrooms in this multi-family home at 16932 Lilac Lane.
Does this multi-family home have parking?
Yes, there are 5 parking spaces available for 16932 Lilac Lane.
How does 16932 Lilac Lane compare to other multi-family homes in Goldenwest?
This multi-family home is listed 10% below the average price for multi-family homes in Goldenwest and has been on the market for 1 more day than the typical home in this area.
16932 Lilac Lane is a -bedroom multi-family home for sale in Huntington Beach CA 92647. On Prevu for 20 days at $2,100,000. This home is located in Orange County. The median listing price for multi-family homes in this area is $460,000. Property amenities include dishwasher and parking. Explore more multi-family home listings in Orange County.
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.