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7872 Liberty Drive, Huntington Beach, CA 92647
$2,398,000
7872 Liberty Drive, Huntington Beach, CA 92647View this property at 7872 Liberty Drive, Huntington Beach, CA 92647
7872 Liberty DriveHuntington BeachCA92647
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Property Description
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.
Full Property Details
Full Property Details for 7872 Liberty Drive
General
- Sold For: $2,398,000
- Status: Closed
- Type: Multi-Family
- MLS ID: NP23141560
- Added to Site: 262 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), Granite Counters, Open Floorplan
- Fireplace(s): Living Room
- Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Microwave, Water Heater Central, Water Heater
- Flooring: Laminate, Vinyl
Rooms
Other Rooms
- Laundry: Common Area, Community, Dryer Included, Washer Included
Additional Information
- Pool Description: None
- Spa Description: None
Parking
- Garage Spaces: 6
Location
- Area: 14 - South Huntington Beach
- County: Orange
- Development Name: 14 - South Huntington Beach
- Driving Directions: Beach Blvd, Right on Liberty Dr
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Forced Air, Wall Furnace
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 5
- # Gas Meters: 5
- # Electric Meters: 5
Structural Information
- Architectural Style: Traditional
- Roof: Flat, Tile
- Doors: Sliding Doors
- Entry Location: 1
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 4,859
- Year Built: 1979
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 3
Unit 2
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 2
Unit 3
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 2
Unit 4
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 2
Lot Features
- Property View: None
- Lot Size (Acres): 0.2
- Lot Size Source: Assessor
- Zoning: R3
- Lot Description: 2-5 Units/Acre, Back Yard, Lot 6500-9999, Sprinkler System
Financial Considerations
- Price Per Sq. Ft.: $493.52
- Price Per Unit: 599500
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
Listed by Ron Mazzano, Broker, Damon Mazzano
Sold by CB Richard Ellis, Inc., Jorge Felix
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Schools
Schools serving 7872 Liberty Drive
School Districts:Huntington Beach Union High School District, Ocean View School District
Rating | Name | Grades | Distance |
---|---|---|---|
17251 Golden View Ln, Huntingtn Bch, CA 92647 | K-5 | 1.3 mi | |
17601 Avilla Ln, Huntingtn Bch, CA 92647 | 6-8 | 1.2 mi | |
17071 Gothard St, Huntingtn Bch, CA 92647 | 9-12 | 0.8 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7872 Liberty Drive
Date
Details
Price
Change
Source
11/29/2023
Sold
$2,398,000
—
MLS
9/23/2023
Listed
$2,398,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
7872 Liberty Drive, Huntington Beach, CA 92647 (MLS# NP23141560) is a Multi-Family property that was sold at $2,398,000 on November 29, 2023. Want to learn more about 7872 Liberty Drive? Do you have questions about finding other Multi-Family real estate for sale in South Huntington Beach? You can browse all South Huntington Beach real estate or contact a Coldwell Banker agent to request more information.