$1,760,000
$1,750,000
0.6%For more information regarding the value of a property, please contact us for a free consultation.
9,583 Sqft Lot
SOLD DATE : 06/12/2023
Key Details
Sold Price $1,760,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision ,Other
MLS Listing ID OC23092831
Sold Date 06/12/23
HOA Y/N No
Year Built 1988
Lot Size 9,583 Sqft
Property Sub-Type Quadruplex
Property Description
Embrace a prime Investment Opportunity in the coveted Huntington Beach locale, renowned for its High Rental Demand. This 4Plex, set on a sizeable lot, combines Vintage Charm with Modern Appeal.
Unit A, a 3-bedroom, 2-bathroom Single-Story Home from 1929, fetches a Rent of $3,000 a month. The Rear Units (B, C, D) built in 1988, each 2-bed/2-bath, command Rents of $2,000, $2,100, and $2,200 respectively. Features include Shared Laundry, Enclosed Yards in Units A and D, and ample Garage Space. Each Tenant handles their Own Utilities, enhancing the Property's Income Efficiency. Conveniently Located near the Freeway, Shopping, Schools, and the Beach, this 4Plex is a promising proposition.
While Property has Extensive Deferred Maintenance, this is Reflected in the Pricing, which allows room for a VALUE ADD and IMMEDIATE Capital Growth for the Savy Investor. Your Huntington Beach Income Property Awaits.
Location
State CA
County Orange
Area 15 - West Huntington Beach
Interior
Interior Features High Ceilings, Open Floorplan
Heating Forced Air, Wall Furnace
Cooling None
Flooring Carpet, Wood
Fireplaces Type None
Fireplace No
Appliance Gas Range
Laundry Common Area
Exterior
Parking Features Carport, Garage
Garage Spaces 6.0
Carport Spaces 2
Garage Description 6.0
Pool None
Community Features Street Lights
View Y/N No
View None
Total Parking Spaces 8
Private Pool No
Building
Lot Description Front Yard, Yard
Story 2
Entry Level One,Two
Sewer Public Sewer
Water Public
Level or Stories One, Two
New Construction No
Others
Senior Community No
Tax ID 16530110
Acceptable Financing Cash, Cash to New Loan, Submit
Listing Terms Cash, Cash to New Loan, Submit
Financing Cash
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Gantry Wilson eXp Realty of California Inc
GET MORE INFORMATION
Managing Broker, JD | Lic# DRE# 01065018/02178736