7872 Liberty Drive
7872 Liberty Drive
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7872 Liberty Drive
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Sold

7872 Liberty Drive

7872 Liberty Drive, Huntington Beach, CA 92647

$2,398,000
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.

4,859 Sq.Ft. LIVING AREA

8,712 Sq.Ft. lot

Damon Mazzano

Damon Mazzano

Features & Amenities

Interior

  • Laundry room Common Area
  • Flooring Laminate, Vinyl
  • Fireplace Living Room
  • APPLIANCES Dishwasher, Disposal, Gas Oven, Gas Range, Microwave, Water Heater, Dryer, Washer
  • other interior Features Ceiling Fan(s), Granite Counters, Open Floorplan

Area & Lot

  • Status Sold
  • Living Area4,859 Sq.Ft.
  • Lot Area8,712 Sq.Ft.
  • MLS® IDNP23141560
  • TypeMulti-Family
  • YEAR BUILT1979
  • Architecture StylesTraditional
  • View DescriptionNone

Exterior

  • STORIES2
  • Garage Space6.0
  • water SourcePublic
  • utilitiesElectricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • PoolNone
  • roofFlat, Tile
  • lot features2-5 Units/Acre, Back Yard, Sprinkler System
  • HEAT TYPEForced Air, Wall Furnace
  • AIR CONDITIONINGWall/Window Unit(s)
  • sewerPublic Sewer
  • security FeaturesSmoke Detector(s)

Financial

  • Sales Price$2,398,000
  • Zoning R3
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