Excellent investment opportunity in an Opportunity Zone in Huntington Beach! This fourplex offers a strong income stream with a gross scheduled income of $106,296 and operating expenses of just $11,734. The property consists of one 3-bedroom/2-bath unit, two 2-bedroom/1-bath units, and one oversized 1-bedroom/1-bath unit that could potentially be converted… Read More into a 2-bedroom. Current rents total $2,635, $2,110, $2,110, and $1,903 respectively, with pro forma rents projected at $3,500, $2,500, $2,500, and $2,200, offering solid upside potential. Each unit is separately metered for gas and electricity (five total for each utility) and all share one water meter. Tenants benefit from private garages for each unit, two additional parking spaces, ample street parking, and onsite laundry with a washer and dryer. The property has been re-piped with PEX and is conveniently located near freeways, schools, parks, and just minutes from the beach. Investors will also appreciate the added advantages that come with ownership in an Opportunity Zone—please inquire for more details. Read Less
Property listed by Coldwell Banker Realty, Chelsea Roger 714-356-3338
Listing Snapshot
Days Online
21
Last Updated
Property Type
Quadruplex
Beds
4
Full Baths
3
Partial Baths
2
Square Ft.
3,711
Lot Size
0.17 Acres
Year Built
1976
MLS Number
OC25214417
Additional Details
Building
Built in 1976, Living area: 3711.0, Living area units: SquareFeet, 2 stories, Levels: Two, Entry level: 1, Entry location: 1
Community
Curbs, StreetLights, Sidewalks
Cooling
None
Fireplaces
None
Garage
4 spaces
Home Owner's Association
Association Fee: $0
Interior Features
AllBedroomsUp
Laundry
CommonArea, LaundryRoom
Lot
0.17 acres, CornerLot
Parking
2 open parking spaces, 6 total parking spaces, Garage
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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