$2,082,500
$2,150,000
3.1%For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
5 Baths
6,651 Sqft Lot
SOLD DATE : 09/10/2024
Key Details
Sold Price $2,082,500
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW24126397
Sold Date 09/10/24
Bedrooms 6
HOA Y/N No
Lot Size 6,651 Sqft
Property Description
We are delighted to introduce Oswego Avenue Apartments, an exquisite 4-Unit Apartment situated in Downtown Huntington Beach, less than a mile from the beach. The property consists of (1) 3BR/2BA / (2) 2B/2BA & (1) 1B/1B. The property provides a 1.25 Parking ratio. This space could have the potential for ADUs. Features include individual gas and electric metering for each unit, providing tenants with control over their utility consumption and expenses. The units themselves are equipped with a range of amenities, including gas stoves, ceiling fans, forced heating, and some of the units have patios. Investors will be pleased to note that there exists a substantial potential for rental income growth, with approximately 30% upside available in rents, ensuring a promising return on investment.
We are delighted to introduce Oswego Avenue Apartments, an exquisite 4-Unit Apartment situated in Downtown Huntington Beach, less than a mile from the beach. The property consists of (1) 3BR/2BA / (2) 2B/2BA & (1) 1B/1B. The property provides a 1.25 Parking ratio. This space could have the potential for ADUs. Features include individual gas and electric metering for each unit, providing tenants with control over their utility consumption and expenses. The units themselves are equipped with a range of amenities, including gas stoves, ceiling fans, forced heating, and some of the units have patios. Investors will be pleased to note that there exists a substantial potential for rental income growth, with approximately 30% upside available in rents, ensuring a promising return on investment.
Location
State CA
County Orange
Area Oc - Huntington Beach (92648)
Zoning Public Rec
Building
Lot Description Sidewalks
Story 2
Lot Size Range 4000-7499 SF
Level or Stories 2 Story
Others
Monthly Total Fees $86
Acceptable Financing Conventional
Space Rent $1,450
Listing Terms Conventional
Financing Cash
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Bought with David Wilfert • Joseph Gargen, Broker