7872 Liberty Drive, Huntington Beach, California 92647
  • $2,398,000

Overview

Property ID: NP23141560
  • Quadruplex, Residential Income
  • Property Type
  • 6.0
  • Garages
  • 4859 Sqft
  • Area Size
  • 1979
  • Year Built

Description

Looking for the ultimate investment income opportunity in one of the world’s most legendary seaside communities? Well, you found it in this Pride of Ownership cash-flowing Quadruplex situated in the highly sought-after Huntington Beach, CA – Surf City, USA, with an additional 1-bedroom 1-bath income unit with a market rent of $2100. This attractive Muti-Family Property is located in an ideal rental location close to various dining options, entertainment, shopping, renowned beaches, transportation and the 405 freeway. Currently operating close to market rent with a GOI of $144, 176 with significant potential for increased income and priced at a high cap rate of 4.26% at only $479, 600 a door! This complex features an est. 1500 sq. ft., 3 bedrooms, 2 bath front townhome, which features private inside laundry room, spacious living room fireplace, recessed lighting, open kitchen with bar seating and granite countertops, 2 upstairs balconies, 2 car garage, and large side patio that could be utilized for future owner occupancy. The additional units all have spacious floor plans and are nicely equipped with appliances and first floor 2-bedroom apartment has a spacious enclosed backyard. Recent building upgrades include updated exterior paint, newer central water heater, Ring cameras, and a newly landscaped courtyard. This property has a shared laundry room which generates additional income, 6 total garages, individual unit balconies or patios, owner’s storage room, automatic sprinkler system, and a large driveway/carport for additional parking. Located just minutes from fine dining, nightlife, entertainment, Downtown Huntington beach, Bella Terra outdoor mall, and the best surfing and beaches, this property offers an amazing investment opportunity in one of SoCal’s most desirable areas. Looking for another great income property, please inquire about the owner’s other listing at 8162 La Paz Dr. Huntington Beach. Please call now to schedule a tour today to become the new proud owner of this impressive low-rise garden complex.

  • Address: 7872 Liberty Drive
  • City: Huntington Beach
  • State/county: CA
  • Zip/Postal Code: 92647
  • Country: US

Details

Updated on November 30, 2023 at 6:09 pm
  • Property ID NP23141560
  • Price $2,398,000
  • Property Size 4859 Sqft
  • Land Area 0.2 Acres
  • Garages 6.0
  • Year Built 1979
  • Property Type Quadruplex, Residential Income
  • Property Status Closed

Additional details

  • Listing Terms Cash, Conventional, 1031 Exchange, VA Loan
  • Roof Flat, Tile
  • Utilities Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Sewer Public Sewer
  • Cooling Wall/Window Unit(s)
  • Heating Forced Air, Wall Furnace
  • Flooring Laminate, Vinyl
  • County Orange
  • Property Type Residential Income
  • Pool None
  • Community Features Sidewalks
  • Architectural Style Traditional

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