Bought with Ruben Khorsandi • Alliance Investment RE Group
$1,875,000
$1,995,000
6.0%For more information regarding the value of a property, please contact us for a free consultation.
17082 Emerald Lane Huntington Beach, CA 92647
3,761 SqFt
Key Details
Sold Price $1,875,000
Property Type Single Family Home, Multi-Family
Sub Type OTHER
Listing Status Sold
Purchase Type For Sale
Square Footage 3,761 sqft
Price per Sqft $498
MLS Listing ID CROC25124136
Year Built 1964
Lot Size 8,036 Sqft
Property Sub-Type OTHER
Property Description
PRICE IMPROVEMENT!! PRIDE OF OWNERSHIP 4-PLEX! We are pleased to offer for sale this well-located property in the highly desirable rental market of Huntington Beach. This asset provides an excellent unit mix of VERY LARGE units (approx. 950 sq. ft. per unit) of 75% 2 bedroom & 3 bedroom units that have ALL been completely renovated with new kitchens, bathrooms, and flooring within the last year! The exterior has also been renovated with new paint, newer windows and garage doors. There are also A/C units and in unit washer and dryer hook-ups in each unit and garages for tenants to enjoy. The property is also individually metered for gas and electric which keeps operating expenses low for the owner. Actual in place rents are also very strong allowing a new owner to have great cash flow from day 1 without the need to significantly raise rents. Three of the four units also have ground level entry. Property qualifies for 30 year fixed residential financing.
Location
State CA
County Orange
Interior
Cooling Wall/Window Unit(s)
Flooring Vinyl
Laundry In Kitchen
Read Less
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