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7701 Garfield Avenue

Huntington Beach, CA 92648
  • $2,295,000
  • STATUS: Active Under Contract
  • ON SITE: 42 Days
  • ID#: OC22086190
Under Contract
UPDATED: 63 min ago
$2,295,000
  • 0
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1977
County:

School Ratings & Info

Listing Agent(s): Haily Horev of Pacific Platinumpropertiesinc (949-468-0880)


Description

Investment opportunity / 1031 exchange with this well maintained 4-unit Income Property, less than 2 miles away from the beach! Live in one unit and rent out the other 3 or lease all 4 units! The main unit is a large single story ground floor 3 BED/2 BATH Perfect for "Owners Unit". 2 additional units have 2BD and 2 Bathrooms and the 4th unit has 2BD and 1 Bath. All units have individual Water Heaters. 3 out of the 4 units have been remodeled about 3 years ago. Common laundry room for tenants. 1 parking garage per unit plus 2 carport and free street parking. Freshly painted and conveniently located near shops, restaurants and the beach!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-06-30T11:31:24.09. 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 deemed reliable but is not guaranteed accurate by the MLS or Zen Ziejewski and Team | Keller Williams Realty. Licensed in the State of California, USA.
www.homefinderorangecounty.com/homes/128841794
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7701 Garfield Avenue Huntington Beach, CA 92648

  • Price: $2,295,000
  • Status: Active Under Contract
  • On Site: 42 Days
  • Updated: 63 min ago
  • ID#: OC22086190
0
Beds
0
Baths
0
½ Baths
0.18
Acres
1977
Built
Neighborhood:
Other (Othr)
County:
Orange
Area:
15 - West Huntington Beach
Property Description
Investment opportunity / 1031 exchange with this well maintained 4-unit Income Property, less than 2 miles away from the beach! Live in one unit and rent out the other 3 or lease all 4 units! The main unit is a large single story ground floor 3 BED/2 BATH Perfect for "Owners Unit". 2 additional units have 2BD and 2 Bathrooms and the 4th unit has 2BD and 1 Bath. All units have individual Water Heaters. 3 out of the 4 units have been remodeled about 3 years ago. Common laundry room for tenants. 1 parking garage per unit plus 2 carport and free street parking. Freshly painted and conveniently located near shops, restaurants and the beach!
Exterior Features

Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 4 Open Parking Spaces 2 Parking Features AssignedGarageOne Space Parking Total 6 Pool Features None Pool Private YN No Property Attached YN Yes Roof Shingle Spa Features None Spa YN No View None View YN No

Interior Features

Appliances DishwasherGas Oven Common Walls 2+ Common Walls Cooling Central AirNone Cooling YN No Fireplace Features Dining RoomFamily Room Fireplace YN Yes Flooring CarpetTileVinyl Heating Central Heating YN Yes Interior Features BalconyCeiling Fan(S)

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features BikingCurbsDog Park Electric Expense 360 Fuel Expense 240 Garage YN Yes Gross Income 108900 Gross Scheduled Income 108900 Insurance Expense 1920 Land Lease YN No Laundry Features Common AreaLaundry Room Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional1031 Exchange Net Operating Income 101700 New Construction YN No Number Of Separate Gas Meters 4 Number Of Separate Water Meters 0 Number Of Units Leased 4 Operating Expense 7200 Pest Control Expense 480 Possession Negotiable Property Sub Type Quadruplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Trust Tenant Pays Cable TvElectricityGas Total Actual Rent 9075 Trash Expense 1800 Utilities See Remarks Water Sewer Expense 1800 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-06-30T11:31:24.09. 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 deemed reliable but is not guaranteed accurate by the MLS or Zen Ziejewski and Team | Keller Williams Realty. Licensed in the State of California, USA.
 
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Zen Ziejewski and Team | Keller Williams Realty
27101 Puerta Real #150
Mission Viejo CA, 92691
Listing Agent(s): Haily Horev of Pacific Platinumpropertiesinc (949-468-0880)