$4,999,888
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7581 Warner Ave AVE Huntington Beach, CA 92647
Key Details
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Other (Othr)
MLS Listing ID OC17201601
Year Built 1988
Annual Tax Amount $55,908
Tax Year 2017
Property Description
MAJOR 2ND PRICE REDUCTION FROM $5,099,000 TO $4,999,888
A VALUE ADD PROPERTY WITH UPSIDE IN RENTS!
Built in 1988, Huntington Beach Terrace Apartments is a Class A. Consisting of 11 very spacious two and three bedroom apartments, 10 of which have been recently renovated. Completed between 2016 and 2017, each unit now boasts new interior paint, window awnings, granite counter tops, stainless steel appliances(dishwasher/refrigerator/sink/stove top/oven/micro-wave), cabinets/hardware, kitchen fixtures, faux wood flooring, ceiling fans, electrical outlets,bathroom vanity cabinets, toilets, flooring, showers, lights, mirrored closets, interior doors, etc. Additionally, each unit enjoys a newly renovated balcony or patio, renovated on-site laundry on each of the 3 levels, private enclosed parking garage (16 total), and ample guest surface parking(8 open spots). Standard to each apartment is metered gas and electric, central air conditioning/heat, and individual water heater. Water, trash, and sewer is billed back through a RUBS program.
Displaying new exterior paint, monument signage, landscaping, and full video surveillance, this multi-family investment offering is strongly
positioned for a quick sale in what is considered to be a solid beach city rental market. PLEASE CALL AGENT FOR COMPLETE MARKETING PACKAGE
Location
State CA
County Orange
Area 17 - Northwest Huntington Beach
Zoning Multi-family
Rooms
Ensuite Laundry Common Area
Interior
Laundry Location Common Area
Heating Forced Air
Cooling Central Air
Fireplaces Type Electric, Gas, Kitchen, Living Room
Laundry Common Area
Exterior
Garage Assigned, Garage, One Space, Unassigned
Garage Spaces 16.0
Garage Description 16.0
Pool None
Community Features Sidewalks
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Water Available
Roof Type Composition
Building
Lot Description 11-15 Units/Acre, Landscaped
Story 3
Sewer Unknown
Water Public
New Construction No
Others
Acceptable Financing Cash to Existing Loan
Listing Terms Cash to Existing Loan
Special Listing Condition Standard
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Bought with General NONMEMBER • CRMLS