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California  + Orange County  + Apartments  | 

San Diego Investor Scoops Up Huntington Beach Multifamily

CBRE facilitated the sale of a five-unit multifamily community in Huntington Beach to a private investor for $2.4 million. The sale equated to $479,000 per unit and $665 per square foot.

EVP Dan Blackwell and associate Amanda Fielder represented the San Diego-based 1031-exchange buyer. The seller was a private investor from Huntington Beach.

Located at 7872 Liberty Dr. in Huntington Beach, the 3,604-square-foot, two-story apartment building was constructed in 1979 on 0.21 acres. Comprising one-, two- and three-bedroom units, it offers garage parking and a laundry facility. Recent enhancements include full renovations to two units, a new central water heater, updated windows, garage doors, exterior paint and landscaping.

“This is an attractive multifamily property situated in an ideal rental location, close to restaurants, nightlife, entertainment, shopping, renowned beaches, transportation and the 405 freeway,” said Blackwell.

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CBRE's Blackwell

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Sale/Acquisition
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