Exceptional investment opportunity in Huntington Beach. Prime 6-unit apartment building with strong unit mix in great condition. This property offers tremendous upside potential in Orange County coveted coastal market. Ideally located just off the 405 freeway, the property offers tenants convenient access to Bella Terra's vibrant shopping/entertainment options… Read More as well as major employment hubs, while maintaining the relaxed coastal lifestyle tenants seeks and only 5 miles to the sand and world famous pier. Perfect for experienced investors looking to capitalize Huntington Beach's strong rental fundamentals and limited supply of quality multi-family properties. Read Less
Property listed by Coastline West Realty, David Abu 714-658-8980
Listing Snapshot
Days Online
9
Last Updated
Property Type
Apartment
Lot Size
0.21 Acres
Year Built
1969
MLS Number
OC25165007
30 Days Snapshot Of 92647
$1.17M
-12%
(avg) sold price
21
-12%
homes sold
70
+4%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1969, Building area total: 7,000, Levels: Two, 2 stories, 1 building, Architectural style: , Attached, Common walls: OneCommonWall
Community
Sidewalks
Expenses
Electric expense: $280, Gardener expense: $3,050, Insurance expense: $3,790, Operating expense: $80,000, Trash expense: $1,645, Water sewer expense: $1,315
Garage
7 spaces
Heating
ForcedAir
Income
Gross income: $168,000, Net operating income: $83,000
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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