$2,340,000
$2,395,000
2.3%For more information regarding the value of a property, please contact us for a free consultation.
731 Owen DR Huntington Beach, CA 92648
6,534 Sqft Lot
Key Details
Sold Price $2,340,000
Property Type Apartment
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID OC26113641
Sold Date 06/17/26
HOA Y/N No
Year Built 1962
Lot Size 6,534 Sqft
Property Sub-Type Apartment
Property Description
731 Owen Drive is a 6-unit multifamily property located in Huntington Beach, California. Built in 1962, the property features 4,584 rentable square feet on a 0.15-acre parcel and offers a desirable unit mix consisting of two studio units and four 2-bed/1-bath units. 731 Owen Drive offers investors a stabilized, turnkey multifamily opportunity in one of Orange County's most established coastal rental markets. The property has been well maintained and upgraded, with renovated units, dual-pane windows, individual water heaters, security doors, garage parking, and in-unit laundry in select units. The property has also completed its SB 721 inspection, further supporting a lower-maintenance ownership profile for a new investor. With renovated unit interiors, upgraded property features, and rents positioned near the top of the market, the asset provides immediate in-place income and a more predictable operating profile with limited near-term capital improvement risk. This combination of physical condition, stabilized income, and coastal Huntington Beach location positions 731 Owen Drive as a clean, turnkey apartment investment with strong long-term ownership appeal. The property is further supported by its convenient location near Beach Boulevard and Yorktown Avenue, providing residents with access to nearby retail centers, grocery options, restaurants, services, schools, Downtown Huntington Beach, Pacific City, the beach, and Huntington Central Park.
Location
State CA
County Orange
Area 15 - West Huntington Beach
Interior
Fireplace No
Laundry See Remarks
Exterior
Garage Spaces 6.0
Garage Description 6.0
Pool None
Community Features Curbs, Gutter(s), Street Lights, Sidewalks
Total Parking Spaces 6
Private Pool No
Building
Lot Description Street Level
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 02518125
Energy Description 1353.0
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Financing Cash
Special Listing Condition Standard
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