Investment Opportunity | Two Duplexes on Separate Parcels in Huntington Beach
Exceptional opportunity to acquire two income-producing duplexes located at 7821 and 7831 Ronald Drive in Huntington Beach. A key advantage is that each property sits on its own separate parcel, with each parcel potentially eligible for 30-year conventional financing, subject to lender approval and buyer qualifications.
7821 Ronald Drive features four units, each offering 2 bedrooms, 1 bathroom, and a 1-car garage. The property includes a detached unit at the rear, offering added privacy with no common walls. Generous yard space provides additional outdoor enjoyment for residents. The building has been remodeled, making it an attractive addition to an investor’s portfolio.
7831 Ronald Drive also features four units, each with 2 bedrooms, 1 bathroom, and a 1-car garage. The property includes a detached unit at the rear, offering added privacy with no common walls. Generous yard space provides additional outdoor enjoyment for residents. The building has been remodeled, making it an attractive addition to an investor’s portfolio and offering additional income-producing potential in the same desirable Huntington Beach location.
Both properties feature new windows, new fencing, roofs approximately 8 years old, and long-term tenants, offering investors established rental occupancy and an opportunity to own multifamily properties in Huntington Beach.
Additional Investment Opportunity: The neighboring properties at 7801 and 7811 Ronald Drive are also available for sale, presenting a potential opportunity to expand your portfolio with additional multifamily properties in the same location.
Home Style:
Bungalow
Property Sub Type:
Duplex
Property Attached:
Yes
Lot Area:
9,470 sq. ft.880 m2
Bathrooms:
-
(Full:-, Half:-)
Year built:
1961
(Age: 65)
General Listing Location:
Huntington Beach, 17 - Northwest Huntington Beach
County Or Parish:
Orange
Tenant Pays:
Cable TV, Electricity, Gas
Common Interest:
None
Gross Income:
$14,700
Gross Scheduled Income:
$176,400
Net Operating Income:
$167,770
Rent Control:
No
Total Actual Rent:
$14,700
Association Fee:
$0
Land Lease:
No
Gardener expense:
1200.0
Insurance Expense:
$3,350
Operating Expense:
$8,630
Professional Management Expense:
$0
Trash Expense:
$0
Water and Sewer Expense:
$4,080
Tax Lot:
41
Talbert and Beach Blvd.
Floor
Type
Size
Other
-
Living Room
Measurements not available
-
-
Bedroom
Measurements not available
All Bedrooms Down
-
Kitchen
Measurements not available
-
View:
None
Features Excluded:
Tenant Personal Property
Appliances:
Dishwasher, Gas Range
Accessibility Features:
None
Number of Buildings:
4
# of Electric Meters:
6
# of Gas Meters:
6
# of Water Meters:
2
# Units Leased:
6
Community Features:
Street Lights, Sidewalks
Senior Community:
No
Interior Features:
All Bedrooms Down
Laundry Features:
None
Window Features:
Double Pane Windows
Pool Features:
None
Private Pool:
No
Spa Features:
None
Lot Features:
2-5 Units/Acre
Fireplace Features:
None
Subdivision Name:
Rancho Las Bolsas
Levels:
One
Num Stories:
1
Entry Level:
1
Entry Location:
Front
New Constr.:
No
Flooring:
Laminate, Tile
Foundation:
Slab
Common Walls:
1 Common Wall
# Units:
6
Heating:
Wall Furnace
Fireplace:
No
Cooling:
None
Utilities:
Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected