Huntington Beach, CA 92647,7731 Slater Avenue
Huntington Beach, CA 92647,7731 Slater Avenue
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$1,400,000

$1,450,000

3.4%
Est.Price: ?

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Est. payment /mo

2 Beds

1 Bath

6,010 Sqft Lot


SOLD DATE : 01/02/2024

Key Details

Sold Price $1,400,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PW23214682

Sold Date 01/02/24

Bedrooms 2

HOA Y/N No

Lot Size 6,010 Sqft

Property Description

We are pleased to present the Slater Property located in Huntington Beach. This value-add fourplex is situated on a major thoroughfare, Slater Avenue, giving the property high visibility and easy accessibility, ensuring a consistent flow of potential tenants. The single-story property comprises all 2-bedroom 1-bath units, each equipped with garages, laminate wood flooring (3/4 units), and dual-pane windows. The building also features a laundry facility, a recently replaced roof with a 10-year warranty, and individual meters for electricity and gas. Overall, this value-add investment offers over 40% upside in rental income with a solid foundation to achieve market rents while incurring low costs.
We are pleased to present the Slater Property located in Huntington Beach. This value-add fourplex is situated on a major thoroughfare, Slater Avenue, giving the property high visibility and easy accessibility, ensuring a consistent flow of potential tenants. The single-story property comprises all 2-bedroom 1-bath units, each equipped with garages, laminate wood flooring (3/4 units), and dual-pane windows. The building also features a laundry facility, a recently replaced roof with a 10-year warranty, and individual meters for electricity and gas. Overall, this value-add investment offers over 40% upside in rental income with a solid foundation to achieve market rents while incurring low costs.

Location

State CA

County Orange

Area Oc - Huntington Beach (92647)

Zoning Public Rec

Building

Lot Description Sidewalks

Story 1

Lot Size Range 4000-7499 SF

Level or Stories 1 Story

Others

Monthly Total Fees $83

Acceptable Financing Conventional

Space Rent $1,789

Listing Terms Conventional

Financing Conventional

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San Diego Regional MLS (SDMLS)
Listed by Chris Keramati • Triqor Group
Bought with Chris Keramati • Triqor Group
agent-avatar

+1(858) 414-1153

robyn@robynflint.com

Scripps Ranch, 92131, United States

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