PRIDE OF OWNERSHIP 4-PLEX! We are pleased to offer for sale this well-located property in the highly desirable rental market of Huntington Beach. This asset provides an excellent unit mix of VERY LARGE units (approx. 950 sq. ft. per unit) of 75% 2 bedroom & 3 bedroom units that have… Read More ALL been completely renovated with new kitchens, bathrooms, and flooring within the last year! The exterior has also been renovated with new paint, newer windows and garage doors. There are also A/C units and in unit washer and dryer hook-ups in each unit and garages for tenants to enjoy. The property is also individually metered for gas and electric which keeps operating expenses low for the owner. Actual in place rents are also very strong allowing a new owner to have great cash flow from day 1 without the need to significantly raise rents. Three of the four units also have ground level entry. Property qualifies for 30 year fixed residential financing. Read Less
Property listed by Alliance Investment RE Group, Ruben Khorsandi 949-683-6662
Listing Snapshot
Days Online
18
Last Updated
Property Type
Apartment
Lot Size
0.18 Acres
Year Built
1964
MLS Number
OC25124136
30 Days Snapshot Of 92647
$1.27M
+1%
(avg) sold price
16
-38%
homes sold
57
-30%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
GasRange
Building
Built in 1964, Building area total: 3,761, Levels: Two, 2 stories, 1 building, Architectural style: , Attached, Common walls: OneCommonWall
Community
Curbs, StreetLights, Sidewalks
Cooling
WallWindowUnits
Expenses
Electric expense: $500, Fuel expense: $250, Insurance expense: $2,500, Operating expense: $37,709, Trash expense: $4,320, Water sewer expense: $2,500
Floors
Vinyl
Garage
4 spaces
Income
Gross income: $139,560, Net operating income: $101,851
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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