$1,200,000
$1,299,000
7.6%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
3 Baths
6,098 Sqft Lot
SOLD DATE : 02/29/2024
Key Details
Sold Price $1,200,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID OC24013655
Sold Date 02/29/24
Bedrooms 4
HOA Y/N No
Lot Size 6,098 Sqft
Property Description
Fixer loaded with opportunity. Minutes from iconic beaches, this rare-to-market duplex emerges as a beacon of versatility and potential. Spanning approximately 2,118 square feet, the property comprises two units warmed by inviting fireplaces. The first unit includes one bedroom, one bath, one-car garage, and a welcoming patio. The larger unit offers ample space with three bedrooms, two baths, a two-car garage, and an expansive backyard ideal for relaxation or entertainment. The tenants currently use the family room, which has a fireplace, as a 4th bedroom. The uncovered driveway accommodates three additional vehicles. Highlights include recessed lighting, plantation shutters, ceiling fans, sliding doors, and fruit trees. With long-term tenants on a month-to-month basis, the property stands as a lucrative investment with significant growth potential. Strategically located, the duplex enjoys the convenience of being minutes from renowned beaches, prestigious schools, tranquil parks, and unparalleled dining experiences. This presents a prime opportunity for steady income and appreciation. Currently, rents are set at $2,835 per month for Unit A, the larger unit, and $1,706 per month for Unit B.
Fixer loaded with opportunity. Minutes from iconic beaches, this rare-to-market duplex emerges as a beacon of versatility and potential. Spanning approximately 2,118 square feet, the property comprises two units warmed by inviting fireplaces. The first unit includes one bedroom, one bath, one-car garage, and a welcoming patio. The larger unit offers ample space with three bedrooms, two baths, a two-car garage, and an expansive backyard ideal for relaxation or entertainment. The tenants currently use the family room, which has a fireplace, as a 4th bedroom. The uncovered driveway accommodates three additional vehicles. Highlights include recessed lighting, plantation shutters, ceiling fans, sliding doors, and fruit trees. With long-term tenants on a month-to-month basis, the property stands as a lucrative investment with significant growth potential. Strategically located, the duplex enjoys the convenience of being minutes from renowned beaches, prestigious schools, tranquil parks, and unparalleled dining experiences. This presents a prime opportunity for steady income and appreciation. Currently, rents are set at $2,835 per month for Unit A, the larger unit, and $1,706 per month for Unit B.
Location
State CA
County Orange
Area Oc - Huntington Beach (92647)
Zoning Assessor
Interior
Appliance Forced Air Unit
Building
Lot Description Cul-De-Sac, Sidewalks
Story 2
Lot Size Range 4000-7499 SF
Level or Stories 2 Story
Others
Monthly Total Fees $43
Acceptable Financing Cash, Exchange
Space Rent $1,706
Listing Terms Cash, Exchange
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Bought with Sandy Kocsis • Seven Gables Real Estate