Huntington Beach, CA 92647,7861 Ronald Drive
Huntington Beach, CA 92647,7861 Ronald Drive
Huntington Beach, CA 92647,7861 Ronald Drive
7
Listed by Rick Applebaum • Morgan Skenderian
$2,800,000
$2,950,000
5.1%
Est.Price: ?

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5,292 SqFt

7861 Ronald Drive Huntington Beach, CA 92647

Est. payment /mo
SOLD DATE : 05/19/2022

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Key Details

Sold Price $2,800,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

Square Footage 5,292 sqft

Price per Sqft $529

MLS Listing ID PW-21264322

Sold Date 05/19/22

Year Built 1964

Lot Size 0.423 Acres

Property Description

Two side by side triplex apartment complexes each with their own parcel of land. Located in the City of Huntington Beach, this property offers renters the ultimate Southern California living at their fingertips. Huntington Beach is known for legendary surf and beaches and features a thriving downtown with shops, dining and entertainment unique to Southern California culture. This investment opportunity is comprised entirely of single-story, two bedroom/one bathroom units averaging just under 900 sq.ft each. All units are provided a private patio, W/D hookups for in home laundry machines, and an enclosed garage with room for another parking spot in front of the garage. The combination of the single-story unit style along with its premier Huntington Beach location creates never-ending demand for the Ronald Drive units. A new investor will find a consistent occupancy which will allow for steady improvements in rent levels with little turnover and continuing growth in cash flow.

Location

State CA

County Orange

Interior

Laundry Gas Dryer Hookup, In Garage, Washer Hookup

Exterior

Parking Features Gated

Garage Spaces 6.0

Pool None

Community Features Sidewalks

Building

Lot Description Lot 10000-19999 Sqft, 11-15 Units/Acre

Sewer Public Sewer

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agent

Maureen Alphonso

Agent | License ID: 01734126

+1(805) 279-6885

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