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10762-17104 B Ln 22 Unit Apartment Building Offered at $12,122,880 CAD at a 3.78% Cap Rate Huntington Beach, CA 92647
Investment Highlights
- All Single-Story Two-Bedroom Floorplans
- Significant Value-Add Opportunity
- Each Unit Includes Washer/Dryer Hookups, Wall Furnace Heating, (1) Assigned Garage & (1) Open Space Parking
- (4) Contiguous Parcels Totaling 1.38 Acres
- ADU Potential with Detached Garage Conversion
Executive Summary
Rare opportunity to acquire (22) single-story two-bedroom units in a highly desirable Huntington Beach location. Situated on 1.38 acres across four contiguous parcels, this value-add asset offers significant upside through ADU potential via detached garage conversions. Each unit features washer/dryer hookups, wall furnace heating, one assigned garage, and one open parking space. With a Walk Score of 83, residents enjoy easy access to shopping, dining, and the coast.
Property Facts
| Price | $12,122,880 CAD | Property Type | Multifamily |
| Price Per Unit | $551,040 CAD | Lot Size | 1.29 AC |
| Sale Type | Investment | Building Size | 20,570 SF |
| Cap Rate | 3.78% | No. Stories | 1 |
| Gross Rent Multiplier | 14.44 | Year Built | 1967 |
| No. Units | 22 | Parking Ratio | 2.04/1,000 SF |
| Price | $12,122,880 CAD |
| Price Per Unit | $551,040 CAD |
| Sale Type | Investment |
| Cap Rate | 3.78% |
| Gross Rent Multiplier | 14.44 |
| No. Units | 22 |
| Property Type | Multifamily |
| Lot Size | 1.29 AC |
| Building Size | 20,570 SF |
| No. Stories | 1 |
| Year Built | 1967 |
| Parking Ratio | 2.04/1,000 SF |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 22 | $3,313 CAD | 935 |
1 1
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 167-331-03 | Improvements Assessment | $497,006 CAD |
| Land Assessment | $2,110,811 CAD | Total Assessment | $2,607,817 CAD |
Property Taxes
Parcel Number
167-331-03
Land Assessment
$2,110,811 CAD
Improvements Assessment
$497,006 CAD
Total Assessment
$2,607,817 CAD
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10762-17104 B Ln
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