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Key Details
Sold Price $1,795,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Huntington West (Hwst)
MLS Listing ID PW18073798
Sold Date 09/14/18
Construction Status Building Permit,Updated/Remodeled,Turnkey
HOA Y/N No
Year Built 1982
Lot Size 7,405 Sqft
Property Description
Prime investment opportunity in the desirable Huntington Beach neighborhood. This lovely well-maintained multiplex unit is fully occupied , free-standing single family house in front with huge private backyard and 4 units in the rear. The front house was fully remodeled in 2016 and the the rear unit was built in 1982. There are 4 separate garages with separate coin laundry house, 4 separate gas and electric meters. The current income is over $95,000 with potential bootleg over $110,00. Few blocks from the Beach and Main Street Shopping Center. Great opportunity to own a stable investment in the city of HB that produces good monthly cash flow and low maintenance. See Supplement.
Location
State CA
County Orange
Area 15 - West Huntington Beach
Interior
Interior Features Balcony, Cathedral Ceiling(s), Multiple Staircases, Tile Counters, Walk-In Closet(s)
Heating Wall Furnace
Flooring Laminate
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Free-Standing Range, Disposal
Laundry Common Area, Laundry Room
Exterior
Parking Features Garage Faces Rear
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Sidewalks
Utilities Available Electricity Available, Natural Gas Available, Water Connected
View Y/N Yes
View Neighborhood
Roof Type Composition
Accessibility None
Total Parking Spaces 4
Private Pool No
Building
Lot Description 2-5 Units/Acre, Sprinklers In Front
Story 2
Entry Level Two
Foundation Combination
Sewer Public Sewer
Water Public
Architectural Style Bungalow
Level or Stories Two
New Construction No
Construction Status Building Permit,Updated/Remodeled,Turnkey
Others
Senior Community No
Tax ID 02511142
Energy Description 600.0
Acceptable Financing Cash to Existing Loan, Conventional, 1031 Exchange
Listing Terms Cash to Existing Loan, Conventional, 1031 Exchange
Financing Conventional
Special Listing Condition Standard
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Bought with Artie Dorr • Balboa Realty
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David Burchell
Team Leader & Realtor | License ID: #02033130
Team Leader & Realtor License ID: #02033130