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$ 2,490,000
Est. payment | /mo
9 Beds
9 Baths
9,700 Sqft Lot
$ 2,490,000
Est. payment | /mo
9 Beds
9 Baths
9,700 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC26119463
Bedrooms 9
Lot Size 9,700 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Rare pride-of-ownership 4-unit investment opportunity being offered for sale for the first time in approximately 25 years. Situated on an approximately 9,700 square foot lot within a quiet cul-de-sac comprised of only 13 multifamily properties, this offering presents a unique opportunity to acquire a well-maintained asset in one of Huntington Beach's most desirable rental markets. Built in 1979, the property consists of approximately 4,678 square feet and has benefited from long-term ownership and attentive maintenance. It currently generates approximately $139,740 in gross annual income and features an excellent unit mix of one 3-bedroom, 2.5-bath townhome-style residence and three 2-bedroom, 2-bath units. The 3-bedroom residence offers amenities rarely found in competing rental properties, including a private enclosed yard, side patio, attached two-car garage with direct access, and in-unit washer and dryer hookups. Three 2-bedroom units feature highly desirable dual primary suite floorplans, providing broad appeal to roommates, families, and professional tenants alike. Units #2 and #4 include private balconies, while Unit #3 enjoys a private enclosed rear yard. Interior improvements include granite countertops, updated cabinetry, ceramic tile flooring in kitchens, dining areas, and bathrooms, along with spacious floorplans offering generous storage throughout. Thoughtful design and larger unit layouts have contributed to strong occupancy history and long-term resident appeal. Additional amenities include five enclosed garages with automatic openers, approximately three o
Location
State CA
County Orange
Zoning Public Rec
Direction Heil and Bolsa Chica
Interior
Fireplace No
Exterior
View Y/N No
Roof Type Tile/Clay
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 17821171
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Scott Gerard, DRE#01004111 Gerard Properties Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "