Two-Home Duplex
For Sale
Contact for pricing
7761 Garfield Ave, Huntington Beach, CA 92648
Licensed behavioral health residences under a long-term NNN lease with annual escalations and no landlord responsibilities.
Property SizeContact for details
Days on Market142
Property Features for 7761 Garfield Ave
General Information
Standard status
Active
Property subtype
Multifamily
Occupancy
100%
Net Operating Income
$220,320
Units
Unit Mix
2 x 4BR/3BA
Multifamily Units
2
Additional Details
Cap Rate
5.51%
Amenities
common area patio
Building Details
Year Built
2017
Buildings
2
Stories
2
Tenancy
Single
Listing Agency:
Portfolio Properties
(661) 431-1404
Listed By:
Daniel Holt · License #CA 01732002
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 5:38PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Portfolio Properties
Investment Insights
Based on property information with market context.
This duplex property comprises two separate single-family residences on one corner lot, each measuring 3,000 square feet. Both homes were constructed in 2017 for licensed behavioral health recovery use and include four bedrooms, three bathrooms, two stories, a large living and kitchen area, and a two-car garage. A shared patio area sits between the residences.
The property is licensed through the State of California Department of Human Services, with each residence separately licensed for its use. The lease is structured as NNN, runs for five years, includes 2% annual escalations, and has four years remaining. The ownership structure carries no landlord responsibilities under the lease. The property is located at 7761 Garfield Ave in Huntington Beach, California.
The property is licensed through the State of California Department of Human Services, with each residence separately licensed for its use. The lease is structured as NNN, runs for five years, includes 2% annual escalations, and has four years remaining. The ownership structure carries no landlord responsibilities under the lease. The property is located at 7761 Garfield Ave in Huntington Beach, California.
Key Highlights
- Two 3,000‑square‑foot residences on one corner lot
- Each home includes 4 bedrooms, 3 bathrooms, and a 2‑car garage
- Built in 2017 for licensed behavioral health recovery use
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,190
Businesses Nearby
Explore this area
Business Placement
Demographics for 92648, CA
46,691
Population
21,609
Households
2.2
Avg Household Size
44
Median Age
51%
College-Educated
95%
High-School Grad
8.0 sq mi
ZIP Area
5,836
Density / Sq Mi
$118,993
Median Household Income
$73,049
Median Earnings
$2,324
Median Rent
$1,176,000
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Licensed behavioral health residences under a long-term NNN lease with annual escalations and no landlord responsibilities.
Where is this duplex located?
The property is located at 7761 Garfield Ave Huntington Beach, CA.
What are key features of this property?
This property features: Two 3,000‑square‑foot residences on one corner lot; Each home includes 4 bedrooms, 3 bathrooms, and a 2‑car garage; Built in 2017 for licensed behavioral health recovery use
