1401 Olive Ave - Apartments FOR SALE


Huntington Beach, CA 92648- Downtown Huntington Beach
$4,195,000 USD
949-584-0503
1401 Olive Ave, Huntington Beach, CA for Sale
$4,195,000 USD
Apartments - FOR SALE
1/12
null | 4.25% Cap Rate

1401 Olive Ave
Huntington Beach, CA 92648
Downtown Huntington Beach


HIGHLIGHTS

  • Immaculate Trophy Asset Located in Downtown
  • Steps to the Sand, Minutes to Main Street
  • All 2-Bedroom Units; (4) are Townhouse-Style
  • Upside Potential via ADU Addition
  • Renovated Interiors w/High-End Finishes

OVERVIEW

Morgan Skenderian, Inc. is pleased to present 1401 Olive Avenue, an immaculate six-unit trophy asset located in the highly desirable downtown coastal district of Huntington Beach. Just moments from the sand and within close proximity to Main Street, Pacific City, and the city’s renowned beachfront amenities, this offering provides investors with a rare opportunity to acquire a truly turn-key property in one of Orange County’s most sought-after rental markets. The building is comprised entirely of spacious two-bedroom units, including four townhouse-style 2BR/2BA floorplans and two 2BR/1BA units, all of which have been extensively renovated with high-end finishes. The upgraded interiors feature contemporary design elements, modern kitchens and baths, premium materials, and efficient layouts that appeal to today’s discerning renters. The exterior and common areas reflect the same level of care, resulting in a clean, well-maintained environment that enhances long-term tenant demand.

FOR SALE DETAILS

PRICE

$4,195,000 USD

PRICE/SF

$714 USD /SF

# OF UNITS

6

PRICE/UNIT

$699,167

CAP RATE

4.25%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,564 SF

ZONING

R3, Huntington Beach

APN/PARCEL ID

024-031-07

ASK ABOUT THIS PROPERTY

Damien BreauxMorgan-Skenderian Investment Real Estate GroupMore Info
949-584-0503

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Damien BreauxMorgan-Skenderian Investment Real Estate GroupMore Info
949-584-0503

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.