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

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.