Multifamily

17052 Grove Circle

17052 Grove Cir, Huntington Beach, CA 92647

Listing Price: $1,500,000

Cap Rate
2.95%
Number of Units
4
Price/Unit
$375,000
Price/Gross SF
$376.51
Gross SF
3,984

Investment Overview

Marcus & Millichap, as the exclusive listing agent, is pleased to present the opportunity to acquire 17052 Grove Circle, a 4-unit multifamily investment property located in Huntington Beach, one of the premier housing markets nationwide. This is a rare opportunity as the property has not been on the market in over 20 years. Built in 1967, 17052 Grove Circle consists of 1, one-bedroom unit, 2, two-bedroom units, and 1, three-bedroom unit. The property offers amenities including a fireplace (select unit), private patios, a private balcony (select unit), garage parking, uncovered parking, and onsite laundry. The property has been and is currently professionally managed. 17052 Grove Circle benefits from being at the end of a cul-de-sac in a quiet residential neighborhood, while also within close proximity to the bustling thoroughfare of Warner Avenue. The property is with a 1-mile radius of numerous schools, including Golden View Elementary School, Mesa View Middle School, and Ocean View High School to name a few. Additionally, 17052 Grove Circle is just 2.50 miles from the beach, placing tenants just a short drive away from the ocean.

Investment Highlights

  • A 4-Unit Multifamily Investment Property Located in Huntington Beach
  • The Property Offers an Excellent Unit Mix of One-, Two-, and Three-Bedroom Units
  • Located Adjacent to the Warner Dale Square Shopping Center
  • Amenities Include a Fireplace (Select Unit), Private Patios, Private Balcony (Select Unit), Garage Parking, Supplemental Uncovered Parking, On-Site Laundry, and the Property has Been Professionally Managed
  • 17052 Grove Circle's location at the End of a Cul-De-Sac Provides an Advantage Over Surrounding Properties Due to its Superior Parking Count. The property Provides 4 Private Garage Spaces and 10 Additional Uncovered Spaces

Exclusively Listed By

Listing Price: $1,500,000

Cap Rate
2.95%
Number of Units
4
Price/Unit
$375,000
Price/Gross SF
$376.51
Gross SF
3,984

Investment Highlights

  • A 4-Unit Multifamily Investment Property Located in Huntington Beach
  • The Property Offers an Excellent Unit Mix of One-, Two-, and Three-Bedroom Units
  • Located Adjacent to the Warner Dale Square Shopping Center
  • Amenities Include a Fireplace (Select Unit), Private Patios, Private Balcony (Select Unit), Garage Parking, Supplemental Uncovered Parking, On-Site Laundry, and the Property has Been Professionally Managed
  • 17052 Grove Circle's location at the End of a Cul-De-Sac Provides an Advantage Over Surrounding Properties Due to its Superior Parking Count. The property Provides 4 Private Garage Spaces and 10 Additional Uncovered Spaces

Investment Overview

Marcus & Millichap, as the exclusive listing agent, is pleased to present the opportunity to acquire 17052 Grove Circle, a 4-unit multifamily investment property located in Huntington Beach, one of the premier housing markets nationwide. This is a rare opportunity as the property has not been on the market in over 20 years. Built in 1967, 17052 Grove Circle consists of 1, one-bedroom unit, 2, two-bedroom units, and 1, three-bedroom unit. The property offers amenities including a fireplace (select unit), private patios, a private balcony (select unit), garage parking, uncovered parking, and onsite laundry. The property has been and is currently professionally managed. 17052 Grove Circle benefits from being at the end of a cul-de-sac in a quiet residential neighborhood, while also within close proximity to the bustling thoroughfare of Warner Avenue. The property is with a 1-mile radius of numerous schools, including Golden View Elementary School, Mesa View Middle School, and Ocean View High School to name a few. Additionally, 17052 Grove Circle is just 2.50 miles from the beach, placing tenants just a short drive away from the ocean.

Exclusively Listed By

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