Listing Agent: Chelsea Roger      Broker/Office: Coldwell Banker Realty
17441 Dairyview Circle Huntington Beach CA 92647
$ 1,850,000
  4   |    3 Full  2 Half   |    3711 Sq Feet

Listing ID

#OC25214417

Status

Active

Property Type

Quadruplex

County

Orange

Neighborhood

Huntington Beach Estates (HBES)

Year Built

1976

Days on website

2

Description
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 $9,708. 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 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.
Location
Financial Information
List Price:  $ 1850000
Property Features
Community Features:  Curbs, Sidewalks
High School District:  Huntington Beach Union High
Levels:  Two
Parking Features:  Garage
Senior Community YN:  false
Structure Type:  Quadruplex
View:  Neighborhood
Water Source:  Public
High School District:  Huntington Beach Union High
Senior Community YN:  false
MLS Area Major:  15 - West Huntington Beach
City:  Huntington Beach
Listed By:   Chelsea Roger   Coldwell Banker Realty 
CA Lic#