731 Owen Drive, Huntington Beach, CA 92648
List Price: $2.4M
Listing Status: ActiveUnderContract
0Days on Market: 7
0 Bedrooms · 0 Bathrooms
Property Type: ResidentialIncome
Year Built: 1962
Lot Size: 6,534 sq ft
Garage Spaces: 6
Private Pool: Yes
MLS Number: OC26113641
About This Property
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.
Listing provided by: Tyler Leeson DRE #01451551 949-419-3200 tleeson@marcusmillichap.com,