Under Contract

731 Owen Drive

Huntington Beach, CA 92648
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Bed 0

Bed

Bath 0

Bath

SqFt4,584

Sqft

SqFt6,534

Sqft(Lot)

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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $2,395,000

AD Id : 79260677

MLS Id : OC26113641

Lot Size : 6,534 Sqft

Living Area Size : 4,584

Year Built : 1962

Garage : 6

County : Orange

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Feature Features

  • Water/Sewer

    Water Source: Public Sewer: Public Sewer

  • Building Information

    Year Built: 1962 Building Area Total: 4,584
  • Pool Features

    None

    Laundry Features

    See Remarks

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.15
  • Lot Size Source: Assessor Lot Size Square Feet: 6534

  • Listing Price Information

    Original List Price: 2,395,000 Listing Contract Date: 2026-05-26
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 02518125

  • Other Property Info

    Source Listing Status: Active Under Contract Source Neighborhood: 15 - West Huntington Beach Directions: Cross Streets of Owen Drive & Beach Boulevard Source Property Type: Residential Income Area: 15 - West Huntington Beach Property SubType: Apartment
  • Building and Construction

    Property Age: 64 Common Walls: No Common Walls Structure Type: Apartment Year Built Source: Assessor Entry Level: 1 Entry Location: First level Levels or Stories: Two Building Total Stories: 2
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Nearby Home Value

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18452 Carnaby, Huntington Beach, CA, 92648 $2,479,000 4 3 3,710 3,710 SqFt
19131-19161 Delaware St.., Huntington Beach, CA, 92648 $36,000,000 -- -- 55,350 55,350 SqFt
18692 Calera Drive, Huntington Beach, CA, 92648 $2,599,000 4 2 3,104 3,104 SqFt
18571 Amalia, Huntington Beach, CA, 92648 $2,240,000 5 4 3,193 3,193 SqFt
7381 Siena Drive, Huntington Beach, CA, 92648 $2,499,000 5 3 3,047 3,047 SqFt
20701 Beach Boulevard #.., Huntington Beach, CA, 92648 $150,000 2 1 1,368 1,368 SqFt
20701 Beach Boulevard #.., Huntington Beach, CA, 92648 $160,000 3 2 1,488 1,488 SqFt
20701 Beach Boulevard #.., Huntington Beach, CA, 92648 $234,000 3 1 1,580 1,580 SqFt

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ByOwner last updated this listing 06/12/2026 @ 10:11

MLS: OC26113641 LISTED BY: Tyler Leeson, Marcus & Millichap RE Invest 949-419-3200 SOURCE: CRMLS

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