Marcus & Millichap, as the exclusive listing agent, is pleased to present the opportunity to acquire 731 Owen Drive, a 6-unit multifamily investment property located in Huntington Beach, one of the premier housing markets nationwide.
Built in 1962, 731 Owen Drive consists of two, studio and four, two-bedroom units and offers amenities including private garage parking and security doors. In 2019, the property underwent significant renovations to the exterior and four of the six interior units. For more information on the renovations see page 14.
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 Beach Boulevard, the residents benefit from convenient access to nearby retail and entertainment options.
Given the property’s fantastic location and the strong apartment fundamentals of Huntington Beach, 731 Owen Drive would make a fantastic addition to any investors’ portfolio.