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CBRE Facilitates $2.4M Sale Of 5-Unit Multifamily In Huntington Beach

Property Image
SOLD
$2,400,000
Daniel (Dan) Blackwell
Amanda Fielder

California

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MultiFamily3,604 SF
Sold 12/20/2023
the dealplayerscompscontact
Property Image
SOLD

CBRE Facilitates $2.4M Sale Of 5-Unit Multifamily In Huntington Beach

7872 Liberty Avenue

See Similar Deals
MultiFamily3,604 SF
Sold 12/20/2023
Daniel (Dan) Blackwell
Amanda Fielder
the dealplayerscompscontact
Contact now

Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$665
Total Square Footage:3,604 SF
Transaction Type:Sale

A five-unit multifamily community located at 7872 Liberty Avenue in Huntington Beach, California, was recently sold for $2.4 million. This property features one- to three-bedroom units and has undergone recent renovations. Strategically located near amenities, it offers a total square footage of 3,604, with each unit priced at an average of $480,000.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,400,000
  • Market: Huntington Beach
  • Units: 5
  • Price per Unit: $480,000
  • Square Footage: 3,604
  • Price per Square Foot: $666

The sale of this multifamily property was facilitated by CBRE, with Amanda Fielder and Daniel Blackwell from the agency representing the deal. The transaction involved a private investor who recognized the potential of this strategic location and the recent renovations carried out on the property. With their expertise, CBRE ensured a successful sale of this prime multifamily community in Huntington Beach.

Players

Daniel (Dan) Blackwell
CBRE
Daniel Blackwell
61 deals$439.4M volume(949) 725-8655
BROKER
Amanda Fielder
CBRE
Amanda Fielder
15 deals$94.7M volume
BROKER

Details

SOLD
IMAGE: Daniel Blackwell & Amanda Fielder DATE: 12/20/2023 ADDRESS: 7872 Liberty Avenue MARKET: Huntington Beach ASSET TYPE: Multifamily BROKERS: Amanda Fielder (@Amanda_Fielder_) & Daniel Blackwell (@MultiFamilySocal) - CBRE (@CBRE) SALE PRICE: $2,400,000 UNITS: 5 ~ PPU: $480,000 SF: 3,604 ~ PPSF: $666 NOTE: CBRE facilitated the $2.4 million sale of a five-unit multifamily community in Huntington Beach, California, to a private investor. The property at 7872 Liberty Drive features recent renovations, one- to three-bedroom units, and is strategically located near amenities.

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