Marcus & Millichap, as the exclusive listing agent, is pleased to present the opportunity to acquire 16582 Regina Circle, a 4-unit multifamily investment property located in Huntington Beach, one of the premier housing markets nationwide.
Built in 1974, 16582 Regina Circle consists of 3, two-bedroom units and 1, three-bedroom unit and offers amenities including private garage parking, large patios, and spacious yards.
The City of Huntington Beach offers residents a charming community with ideal weather, a diversified economy overflowing with good jobs and a variety of housing options. The city is known for its 9.5-mile stretch of sandy beaches and surf culture attracting tourists and tenants from all around. Situated near Bolsa Chica and Huntington Harbour, the residents of 16582 Regina Circle benefit from convenient access to nearby retail and entertainment options. The high household income in Huntington Beach ($128,373) has allowed landlords to increase asking rents while maintaining occupancy levels above the county average.
Given the property’s fantastic location and the strong apartment fundamentals of Huntington Beach, 16582 Regina Circle would make a fantastic addition to any investors’ portfolio.