7932 MacDonald Drive

Huntington Beach, CA 92647

$2,500,000
Price
6
Beds
6
Baths
3,150 Sq. Ft.
$794 / Sq. Ft.
3,150
Sq. Ft.
$794
per Sq. Ft.

Description

Fantastic investment opportunity in Huntington Beach! This well-maintained 6-unit apartment building offers both convenience and charm in a prime location. Perfectly positioned just minutes from the vibrant Bella Terra Shopping Center, providing tenants with quick access to a wide array of retail stores, dining options, and entertainment. Proximity to the 405 Freeway ensures easy commuting and connectivity to the broader Orange County area. The building features six highly rentable, well-designed...Fantastic investment opportunity in Huntington Beach! This well-maintained 6-unit apartment building offers both convenience and charm in a prime location. Perfectly positioned just minutes from the vibrant Bella Terra Shopping Center, providing tenants with quick access to a wide array of retail stores, dining options, and entertainment. Proximity to the 405 Freeway ensures easy commuting and connectivity to the broader Orange County area. The building features six highly rentable, well-designed one-bedroom units. Each apartment is thoughtfully laid out, offering a comfortable living environment with ample natural light and functional spaces. The property includes on-site parking and laundry facilities, enhancing tenant convenience. The exterior is well maintained, contributing to the building's overall desirability. With its easy-to-rent one-bedroom units and prime location, this property promises strong rental demand and consistent income potential. Its strategic location near major shopping and transportation hubs ensures it remains a sought-after address for renters. Tenants will enjoy the vibrant Huntington Beach lifestyle with nearby parks, beaches, and recreational amenities. The location offers a perfect balance of urban convenience and coastal charm. Seller financing available and negotiable.
  1. Listed by Thomas Nguyen • DRE #01964750 • Brokerage DRE #01964750 • Prime Realty & Lending • 714-598-7066

Property Details for 7932 MacDonald Drive

Parking Spaces Total
9
Private Pool
No
Total Units
6.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
3150
Assessor Parcel Number
142-092-08
Property Attached YN
true
LISTING UPDATED: 11/01/2024 10:01 AM

Property Details for 7932 MacDonald Drive

StatusActive
MLS #PW24175578
Days on Market89
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1943
Lot Size0.17 AC / 7,405 SF
CountyOrange County

Building Information for 7932 MacDonald Drive

Stories2Residences-Year Built1943Building Size-Lot Size0.17 AC / 7,405 SF

Property Information for 7932 MacDonald Drive

Rental Info
Rental Info
  • Tenant Pays: All Utilities, Cable TV
Income / Expense / Tax Details
Income Details
  • Gross Income: $150,420
  • Gross Scheduled Income: $150,420
  • Net Operating Income: $127,587
  • Laundry Income: $1,200
  • Cap Rate: 5.1
Expense Details
  • Operating Expense: $22,833
  • Fuel Expense: $600
  • Electric Expense: $540
  • Insurance Expense: $2,808
  • Professional Management Expense: $0
  • Other Expense: $15,045
  • Other Expense Description: Tax
  • Trash Expense: $2,520
  • Water Sewer Expense: $1,320
  • Total Expenses: $22,833
Tax / Assessment Info
  • Tax Tract Number: 417
  • Tax Census Tract: 994.10
  • CFD/Mello-Roos Fee: $1,547
  • Tax Lot: 149
Community / Development
Community / Development
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Common Area
  • Laundry Equipment Own Lease: Own
Exterior Features
  • Entry Location: Front
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 6
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage: Assigned
  • Uncovered Spaces: 4
  • Open Other Spaces Total: 4
  • Parking Garage Spaces: 2
  • Carport Spaces: 3
  • Parking Features: Assigned
Property / Structure Info
  • Builders Tract Name: Huntington North
  • Builders Tract Code: Huntington North (HNOR)
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Actual Rent: $1,900
  • Unit Type Total Rent: $1,900
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Actual Rent: $1,950
  • Unit Type Total Rent: $1,950
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Actual Rent: $1,900
  • Unit Type Total Rent: $1,900
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Actual Rent: $1,885
  • Unit Type Total Rent: $1,885
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Actual Rent: $2,200
  • Unit Type Total Rent: $2,200
  • Unit Type Pro Forma: 2300
  • Unit Type Type: 5
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Actual Rent: $2,600
  • Unit Type Total Rent: $2,600
  • Unit Type Pro Forma: 2600
  • Unit Type Type: 6
Unit Information
  • Number Of Units Leased: 6
  • Rent Controlled: No
  • Number Of Buildings: 3
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Wall AC: 6

Property History for 7932 MacDonald Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 7932 MacDonald Drive

Taxable ValueLand$1,032,532Additions$227,639Total$1,260,171
Tax Record2024$15,403 ($1,284 / month)
Home Facts
Total Finished SqFt3,150 SqFtAbove Grade Finished SqFt3,150 SqFtStories2Lot Size7,523 SqFtStyleMulti-Family Res (5+ Units)Year Built1943CountyORANGEAPN142-092-08

Schools near 7932 MacDonald Drive

This home is within Ocean View School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Sun View Elementary School
PublicK to 5

Spring View Middle School
Public6 to 8

Marina High School
Public9 to 12

Valley Vista High (Continuation) School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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7932 MacDonald Drive is a multi-family home for sale in Huntington Beach, CA 92647. This property was listed for sale on August 23, 2024 by Prime Realty & Lending, it's currently listed at $2,500,000. It has been on the market for a total of 89 days and was last sold on December 2, 2014. This listing's school districts are Ocean View School District, Huntington Beach Union High School District. Nearby schools include Sun View Elementary School, Spring View Middle School and Marina High School. 7932 MacDonald Drive is a 6-bed, 6-bath, 3,150 sqft multi-family home built in 1943.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Prime Realty & Lending, Thomas Nguyen, DRE #01964750

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.