Scott Gerard - Commercial Real Estate Showcase

Scott Gerard Property Listings
Principal Broker
Gerard Properties
16787 Beach Blvd
Suite 243
Huntington Beach, CA 92647-4848

18742 Beach Boulevard

Huntington Beach, CA 92648-2064 - Huntington Beach MF Submarket

Property Type:Multi-Family Number of Units:8 Status:Existing Year Built:-
Stories:1 Building Size:5,368 SF Land Area:-
For Sale Price:$2,995,000 Price/Unit:$374,375.00 Cap Rate:2.24 % GRM:-


Sale Notes:
8 2BR-1BA units (4 duplexes) with identical floor plans, 671 sqft each, on 2 parcels.
Size: 35,230 sqft for both parcels, with 4 units each.

- Each unit has a private water heater & W/D hook-ups
- Major upgrades in most units, some with granite & stainless
- First time on the market in 40 years!
- Every unit has a backyard
- 4 double car garages (attached to each duplex), and 18 off-street spaces
- Large undeveloped lot at the east end of the property (3150 sqft)
- Owner's expenses are water, trash, gardening (no gas/electric)
- $156,720 annual (gross) income

At this time we are only cooperating with principals: no agent commission will be paid.
In the center of Huntington Beach on Beach Blvd, just north of Garfield (east side of Beach) Both parcels share a driveway to Beach Blvd. Rear parcel adjoins Hoyt Circle (currently gated).

Gerard Properties
Scott Gerard
(714) 964-9602

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