Description

4-unit multifamily property for sale on Warner Ave in Huntington Beach, CA, offered at $1,950,000 ($487,500/unit). Highlights: Ideal Unit Mix & Design: Four single-story 2BR/1BA units of approximately 900 SF each on a 7,697 SF lot, featuring private patios for a high-privacy, home-like feel.; Value-Add Upside: Realize a projected 18% rental upside through cosmetic upgrades, with current rents averaging $2,361 versus proforma rents of $2,795 per unit.; Stable In-Place Income: 100% occupied with long-term tenants, providing reliable cash flow from day one.; Desirable Huntington Beach Location: Convenient access to the 405 Freeway, major employment centers, shopping, and dining.. Listed by Rick Applebaum and Garrett Blair of Morgan-Skenderian Investment Real Estate Group. Contact Rick Applebaum at 949-432-6954 or rma@morganskenderian.com for details.