A rare, well maintained 5 unit multi-family property located near downtown Huntington Beach. This property is currently occupied with great tenants, 4 of which are on leases and one month to month. There are 3 units with 2 bedrooms, 1 unit that has 3 bedrooms and 1 studio apt. There… Read More are 4 single car garages to the front of the building and a separate 2 car garage located to the rear of the property. Each unit is separately metered and the entire property is professionaly managed by a property managment company. However, this property can easily be maintained by an owner/manager and would increase your cap rate. The property is conveniently located just a short distance to downtown, the pier and the beach. Read Less
Property listed by RE/MAX TerraSol, Leo Betancourt 714-308-7838
Listing Snapshot
Days Online
33
Last Updated
Property Type
Mixed Use
Lot Size
0.17 Acres
Year Built
1978
MLS Number
OC25106441
30 Days Snapshot Of 92648
$1.65M
+7%
(avg) sold price
17
-57%
homes sold
63
-36%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1978, Building area total: 4,665, 1 building, Architectural style: , Attached, Common walls: TwoCommonWallsOrMore
Community
Curbs, StormDrains, StreetLights, Sidewalks
Expenses
Electric expense: $2,694, Gardener expense: $1,100, Insurance expense: $2,553, Maintenance expense: $255, Operating expense: $41,235, Trash expense: $2,375, Water sewer expense: $2,371, Other expense: $2,950
Garage
8 spaces
Heating
Central
Income
Gross income: $132,313, Net operating income: $91,078
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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