Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

4

Building size

4,405 sqft

Lot size

7,405 sqft

Year built

1966

Stories

1

Garage spaces

4

Heating

Wall Furnace,Central

Cooling

None

Status

Active

Days on market

98

MLS #

244911761

About this property

Exceptional pride of ownership defines this well-maintained four-unit multifamily investment property. Ideally located on Amazon Drive in Huntington Beach, just minutes from Bella Terra. Built in 1966, the property features a highly desirable unit mix consisting of one 3-bedroom/2-bathroom unit, one 2-bedroom/2-bathroom unit, one 2-bedroom/1.5-bathroom unit, and one 2-bedroom/1-bathroom unit. Owner just sent out rent increases effective 11/1 for Unit #2 and #4 (updated rent information to reflect the rent increases). The property has been thoughtfully renovated both inside and out, reflecting the owner's commitment to ongoing maintenance and quality. The roof received a comprehensive tune-up approximately one year ago and includes a new limited warranty, providing added peace of mind for the next owner. Building exterior was just repainted to enhance the property's curb appeal as well. Utilities are efficiently configured with individually metered gas and electricity, while water is master metered. Each unit is equipped with its own water heater and features a private patio or balcony, enhancing tenant comfort and appeal. Parking includes one assigned garage space per unit, plus access to two shared uncovered parking spaces, with ample street parking available nearby. A convenient on-site laundry room is available for tenant use and is equipped with tenant-owned appliances. This is an outstanding opportunity to acquire a turnkey multifamily asset in one of Huntington Beach's most desirable rental locations, offering strong tenant appeal and long-term investment potential.

Location

7571 Amazon Drive

Huntington Beach, Orange, CA, 92647