Description
An excellent opportunity to acquire a 4-unit multifamily property in downtown Huntington Beach. Located at 601 7th Street, this property boasts a free-standing house and a triplex. The total building square footage is 3,017 SF. The total unit mix of the property is (3) 2 bedroom 1 bath and (1) 1 bedroom 1 bath. Tenants will enjoy the property because of a combination of reasons. The property is walking distance to retail and entertainment both in Pacific City and Downtown Huntington Beach. The beach is less than a five-minute walk away, and the property is in the heart of Orange County's famed Huntington Beach School District. Residents can enjoy the brand-name beach lifestyle with Surf City’s friendly small-town feel. The front house and 1 unit of the triplex will be delivered vacant upon close of escrow. With a few updates to fixtures and aesthetics, a significant increase in rental income will be achievable.
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