Log In/Sign Up
Your email has been sent.
Rare Development Opportunity in HB 7736 Sugar Dr 3 Unit Apartment Building $3,691,035 CAD ($1,230,345 CAD/Unit) 3.78% Cap Rate Huntington Beach, CA 92647
Investment Highlights
- Seller Financing Available
Executive Summary
Prime Investment Opportunity in Huntington Beach – Rare, High-Yield Property! Take advantage of owning this 3-unit compound sitting on a massive 22,800 sq. ft. lot, boasting a strong 3.7% cap rate. Just 6 miles from the beach and 1 mile from Bella Terra, this unique property features a 4-bed, 3-bath main house, a detached studio, a huge 2,400 sq. ft. garage with high ceilings and expansion potential, an attached 2-bed apartment, five additional garages, and two tool sheds. Zoned RL-7, it offers incredible flexibility for investors, developers, or visionary buyers looking to unlock the full potential of this trophy property. Seller Financing Available
Financial Summary (Actual - 2024) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$155,844
|
$36.67
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$155,844
|
$36.67
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$16,405
|
$3.86
|
| Net Operating Income |
$139,439
|
$32.81
|
Financial Summary (Actual - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $155,844 |
| Annual Per SF | $36.67 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $155,844 |
| Annual Per SF | $36.67 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $16,405 |
| Annual Per SF | $3.86 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $139,439 |
| Annual Per SF | $32.81 |
Property Facts
| Price | $3,691,035 CAD | Property Subtype | Apartment |
| Price Per Unit | $1,230,345 CAD | Apartment Style | Single-Family Home |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 3.78% | Lot Size | 0.52 AC |
| Sale Condition | Redevelopment Project | Building Size | 4,250 SF |
| No. Units | 3 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1950 |
| Zoning | Zoned RL-7 - RL = low density, intended for single family The Number "7" denotes a maximum density of 7 dwelling units per acre w/minimum lot size of 6,000 sqft | ||
| Price | $3,691,035 CAD |
| Price Per Unit | $1,230,345 CAD |
| Sale Type | Investment |
| Cap Rate | 3.78% |
| Sale Condition | Redevelopment Project |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Single-Family Home |
| Building Class | C |
| Lot Size | 0.52 AC |
| Building Size | 4,250 SF |
| No. Stories | 1 |
| Year Built | 1950 |
| Zoning | Zoned RL-7 - RL = low density, intended for single family The Number "7" denotes a maximum density of 7 dwelling units per acre w/minimum lot size of 6,000 sqft |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Fireplace
- Microwave
- Washer/Dryer Hookup
- Ceiling Fans
- Oven
- Range
- Porch
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+3 | 1 | $7,519 CAD | 2,650 |
| Studios | 1 | $2,734 CAD | 700 |
| 2+1 | 1 | $2,734 CAD | 900 |
1 1
Walk Score®
Very Walkable (72)
Property Taxes
| Parcel Number | 142-341-29 | Improvements Assessment | $244,781 CAD (2025) |
| Land Assessment | $490,071 CAD (2025) | Total Assessment | $734,852 CAD (2025) |
Property Taxes
Parcel Number
142-341-29
Land Assessment
$490,071 CAD (2025)
Improvements Assessment
$244,781 CAD (2025)
Total Assessment
$734,852 CAD (2025)
1 of 43
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Rare Development Opportunity in HB | 7736 Sugar Dr
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.