7322 Garfield, Huntington Beach, California 92648, Huntington Beach, 92648 - 0 bed, 0 bath
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Huntington Beach, California 92648
This 4-unit apartment building represents a High-Potential Investment Opportunity, listed at $2,525,000, which is priced slightly above the $2,491,793 Fair Market Value. While not a discount acquisition, the property offers a stable, well-maintained Condition Rating of 4 with significant upside in future rents. Key features include attached two-car garages and private decks, which drive strong tenant demand in this prime coastal location. This asset is an ideal acquisition for Buy-and-Hold Investors or Portfolio Managers seeking long-term appreciation in a high-barrier-to-entry market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7322 Garfield Subject | $2,525,000* List Price | 0 | 0 | 4,158 | $599 | - |
A 2006 California Sold | $1,841,675 | 0 | 0 | 3,071 | $600 | 0.9 mi |
B 1701 Lake Street Sold | $1,850,000 | 0 | 0 | 2,864 | $646 | 1.0 mi |
C 1701 Lake Street Sold | $1,850,000 | 4 | 2 | 2,864 | $646 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1974 (52 years old) and described as well-maintained with 'pride of ownership,' yet the mention of 'upside in future rents' and the original 1970s exterior suggest the property is dated and likely requires interior updates to kitchens, baths, and systems to reach market peaks.
Situated in a highly desirable Huntington Beach neighborhood, the property is minutes from the beach, pier, and downtown, ensuring high tenant demand and long-term appreciation.
Three of the four units feature attached two-car garages with direct access and private decks, offering a level of convenience and indoor-outdoor living rarely found in standard multi-family investments.
The property boasts a well-maintained structure with a favorable unit mix and significant upside potential in future rents, making it an ideal asset for portfolio growth.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7405, other record lot size in square feet = 6151.
Originally constructed in 1974, the building may require more frequent maintenance or capital improvements to systems compared to newer construction.
Despite its proximity to the coast, the property offers no views, which may be a competitive disadvantage in a market where ocean or city vistas are highly prized.
Exceptional investment opportunity to own a well-maintained 4-unit apartment building in a highly desirable Huntington Beach location. Featuring an excellent unit mix that appeals to a broad range of tenants, this property offers strong rental demand, long-term appreciation potential, and upside in future rents. Three of the four units feature attached two-car garages with direct access and spacious private decks, providing desirable indoor-outdoor living and added tenant convenience. Pride of ownership is evident throughout, making this an attractive asset for both investors and tenants. Ideally located just minutes from Downtown Huntington Beach, the beach, the iconic pier, shopping, dining, and entertainment, this property offers the perfect combination of location, lifestyle, and investment potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 4,158 | 4,090 |
| Lot Size | 7,405 | 8,069.5 |
| Price | $2.52M | $1.91M |
| Price per sq ft | $607 | $531 |
| Built year | 1974 | 1969 |
| HOA | $0 | $0 |
| Days on market | 9 | 56 |
Jul 13, 2026
$2,525,000
Initial Listing
Nov 27, 2002
$799,000
Public Record