This turnkey fourplex offers a strong blend of immediate income with upside potential. All units are currently occupied by stable, reliable tenants, partially due to the building highly desirable unit mix of a 3 bed, 2.5 bath two story “owners’ unit”, spacious floor plan and 2 car garage. Additionally, there… Read More are two large 2 bed, 2 bath units with private garages and a 1 bed 1 bath unit with a garage. The property includes a total of six (6) garages along with plenty of additional parking spaces. An on-site laundry room with washer and dryer adds tenant convenience and additional income for the owner. Located in a prime coastal pocket of Huntington Beach, this property is ideal for buyers seeking a stable, income-producing asset with long-term upside in a high-demand rental market with historically low vacancy rates. Read Less
Property listed by Broadmoor Realty, Tod B. Bishop 714-287-9706
Listing Snapshot
Days Online
27
Last Updated
Property Type
Apartment
Lot Size
0.19 Acres
Year Built
1974
MLS Number
PW25239237
30 Days Snapshot Of 92648
$1.68M
-8%
(avg) sold price
29
-12%
homes sold
104
+1%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
GasRange
Building
Built in 1974, Building area total: 3,932, Levels: Two, 2 stories, 1 building, Architectural style: , Attached, Common walls: TwoCommonWallsOrMore
Community
Curbs, StreetLights
Cooling
WallWindowUnits
Expenses
Electric expense: $420, Gardener expense: $1,800, Insurance expense: $2,928, New taxes expense: $21,375, Operating expense: $35,808, Trash expense: $1,380, Water sewer expense: $2,180
Fence
Wood
Fireplaces
FamilyRoom
Garage
6 spaces
Heating
WallFurnace
Income
Gross income: $6,480, Net operating income: $71,064
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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