Property listed by RE/MAX TerraSol, Leo Betancourt 714-308-7838
$2,600,000
A rare, well maintained 5 unit multi-family property located near downtown Huntington Beach. This property is currently occupied with great tenants, 4 of which are on leases and one month to month. There are 3 units with 2 bedrooms, 1 unit that has 3 bedrooms and 1 studio apt. There… Read More are 4 single car garages to the front of the building and a separate 2 car garage located to the rear of the property. Each unit is separately metered and the entire property is professionaly managed by a property managment company. However, this property can easily be maintained by an owner/manager and would increase your cap rate. The property is conveniently located just a short distance to downtown, the pier and the beach. Read Less
Listing Snapshot
Days Online
0
Last Updated
Property Type
MixedUse
Lot Size
0.17 Acres
Year Built
1978
MLS Number
OC26031535
Additional Details
Building
Built in 1978, 1 building, 2 stories, Entry level: 1, Entry location: 1
Community
Curbs, StormDrains, StreetLights, Sidewalks
Expenses
Electric: $2,694, Gardener: $1,100, Insurance: $2,553, Maintenance: $255, Operating: $41,235, Pest Control: $660, Trash: $2,375, Water/Sewer: $2,371, Other Expense: $2,950
Garage
8 spaces
Heating
Central
Income
Gross Income: $132,313, Gross ScheduledIncome: $132,313, Net Operating Income: $91,078
Laundry
CommonArea
Lot
0.17 acres, ZeroToOneUnitAcre
Parking
8 total parking spaces
Pool
None
Sewer
PublicSewer
Taxes
Additional parcels description:, Parcel Number: 02517315, Lot: B
Utilities
NaturalGasConnected, WaterConnected, Water Source: Public, 5 separate electric meters, 5 separate gas meters, 5 separate water meters
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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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