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Key Details
Sold Price $1,785,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision Other (Othr)
MLS Listing ID NP21049124
Sold Date 07/14/21
HOA Y/N No
Year Built 1977
Lot Size 8,712 Sqft
Property Description
Incredible opportunity to own five units within a premier location in West Huntington Beach. This address includes a three bedroom front unit with a long-time tenant, a two-bedroom unit with an over-sized yard, a two-bedroom and two-bathroom unit upstairs, Another 2 bedroom, one bath upstairs and lastly, a studio unit on the upper level as well. The extra space is bootlegged area originally part of an upstairs unit, There is a coin operated laundry machine in a locked laundry room on the premises. The machines belong to the owner. Rarely offered, this exceptional property features a cap rate of approximately 4%, a gross income of approximately $102,000, and a proforma of approximately $125,000. 5th un ity has current rent of $1200 included in total.
Location
State CA
County Orange
Area 15 - West Huntington Beach
Interior
Interior Features Ceiling Fan(s), Recessed Lighting
Heating Forced Air, Fireplace(s)
Cooling None
Flooring Carpet, Tile
Fireplaces Type Living Room
Fireplace Yes
Appliance Dishwasher, Gas Cooktop, Refrigerator
Laundry Common Area
Exterior
Garage Driveway, Garage, Shared Driveway
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Suburban
View Y/N Yes
View Neighborhood
Parking Type Driveway, Garage, Shared Driveway
Total Parking Spaces 2
Private Pool No
Building
Lot Description 0-1 Unit/Acre, Paved
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 16531202
Energy Description 128.0
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with DAN NGUYEN • DAN NGUYEN, BROKER
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