1401 Olive Ave 6 Unit Apartment Building $4,195,000 ($699,167/Unit) 4.25% Cap Rate Huntington Beach, CA 92648

Morgan Skenderian, Inc. is pleased to present 1401 Olive Avenue, an immaculate six-unit trophy asset located in the highly desirable downtown coastal district of Huntington Beach. Just moments from the sand and within close proximity to Main Street, Pacific City, and the city’s renowned beachfront amenities, this offering provides investors with a rare opportunity to acquire a truly turn-key property in one of Orange County’s most sought-after rental markets.
The building is comprised entirely of spacious two-bedroom units, including four townhouse-style 2BR/2BA floorplans and two 2BR/1BA units, all of which have been extensively renovated with high-end finishes. The upgraded interiors feature contemporary design elements, modern kitchens and baths, premium materials, and efficient layouts that appeal to today’s discerning renters. The exterior and common areas reflect the same level of care, resulting in a clean, well-maintained environment that enhances long-term tenant demand.