1501 Huntington Street, Huntington Beach, CA 92648

$2,494,900

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List Price
$2,494,900
Status
ACTIVE
MLS#
OC26179357
Year Built
1974
Lot Size
6,098
Acres
0.14
Lot Location
Corner Lot
Days on Market
3
Property Type
Multifamily
Property Sub Type
Quadruplex
Stories
Two Levels
Neighborhood
Other

Property Description

Highly desirable location in Huntington Beach, 92648! Fourplex on corner lot of Oswego and Huntington. One 3 Bedroom 2 bath unit includes it's own washer and dryer hookup in garage, accessible from the inside of the unit. All units have fireplaces. Two 2 bedrooms 2 bath units, One 1 Br. with single bath. Each unit has it's own private patio with new Techwood gates recently installed. Laundry room on premises for the other 3 units. Four single car garages with automatic roll up doors. There is additional parking in front of garages for two more vehicles per door! Additional street parking on both sides of the corner lot! Low vacancy rate with three very long term tenants. The one bedroom is on a one year lease. All other tenants on a month to month rental basis. Buyers to cooperate with sellers 1031 exchange at no liability or cost to the buyers. 30-45 day escrow preferred. Listing agent is co-owner. Long term ownership with the same partners since 2002. This property is a rare opportunity to own an exceptional income producing property in a prime location in Huntington Beach!

Additional Information

Appliances
Dishwasher, Gas Oven, Gas Range, Gas Water Heater, Range Hood, Water Heater
Pool Description
None
Fireplace Description
Bath, Dining Room, Electric, Gas, Kitchen, Living Room, Primary Bedroom, Outside
Heat
Forced Air, Natural Gas
Cooling
Yes
Cooling Description
Gas
View
Neighborhood
Garage Spaces Total
4
Sewer
Public Sewer
Water
Public
Interior Features
Laminate Counters, Living Room Deck Attached, Open Floorplan, Pantry, Recessed Lighting
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$142,440
Operating Expense
5746

Listing courtesy of Listing Agent: Silvana Raiola (silvanaraiola@yahoo.com) from Listing Office: Landmark Realtors.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.