309 Utica Ave - Multi-Family FOR SALE


Huntington Beach, CA 92648- Yorktown
$2,350,000 USD
951-756-0448
309 Utica Ave, Huntington Beach, CA for Sale
$2,350,000 USD
Multi-Family - FOR SALE
1/7
null | 3.38% Cap Rate

309 Utica Ave
Huntington Beach, CA 92648
Yorktown


HIGHLIGHTS

  • 100% Townhome Style Fourplex in Huntington Beach
  • Value-Add Opportunity - Current Rents are 29% Below Market Levels
  • Two- & Three-Bedroom Units, All Townhome-Style Floorplans
  • Recent Capital Improvements - Unit B & C Upgraded Within the Past 5 Years, Balcony/Deck Rebuilt in 2024 (SB 721 Completed) & Select Windows Replaced
  • Strong Huntington Beach Location - Less Than Two-Miles From the Huntington Beach Pier

OVERVIEW

100% townhome-style fourplex in prime Huntington Beach location, fully townhome-style with desirable two- and three-bedroom floorplans. Situated in a high-demand rental market, current rents are approximately 29% below market, providing a strong upside for investors to renovate units and boost income. Recent capital improvements include SB 721-compliant rebuilt balconies (2024) and interior upgrades to Units B & C within the past five years. Each unit offers private outdoor space (patio or balcony), additional features include on-site laundry facilities and(6) total parking spaces (single-car garages + open spaces)

FOR SALE DETAILS

PRICE

$2,350,000 USD

PRICE/SF

$292 USD /SF

# OF UNITS

4

PRICE/UNIT

$587,500

CAP RATE

3.38%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1976

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,061 SF

ZONING

-

APN/PARCEL ID

025-071-48

ASK ABOUT THIS PROPERTY

951-756-0448

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951-756-0448

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