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Listed by Matthew Kanoudi • The L3
$ 2,700,000
Est. payment | /mo
2,400 SqFt
$ 2,700,000
Est. payment | /mo
2,400 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Pending
Purchase Type For Sale
Square Footage 2,400 sqft
Price per Sqft $1,125
MLS Listing ID CROC24051859
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1956
Lot Size 6,534 Sqft
Property Description
UNBELIEVABLE INVESTMENT OPPORTUNITY to become the next owner of an amazing, newly-remodeled 5 unit complex located on a DOUBLE LOT in the heart of Downtown Huntington Beach! There are two buildings on-site, one with 3 units in the front and one with 2 units in the back. Each unit is a 1 bed/1 bath with 480 sq of living space and their own respective patio/yard areas in front. When I say remodeled, I mean it was a COMPLETE renovation. Some of the upgrades include: brand new roof, new sewer lines, new PEX plumbing, new gas lines, new electrical (panels, meters, wires, outlets, switches, lights), new cabinets, New appliances (microwave, range (gas), dishwasher, W/D hookups (gas), new flooring, new paint, new hardscape/landscape, irrigation, new stucco and stacked stone, new doors and windows, New shower tile/glass (each unit has different color), and more! Each unit has its own parking spot at the rear of the property. After the remodel, the owner signed all new tenants with one year leases that initiated in August of 2023 at fair market rent for that time. Not easy finding a double lot investment property let alone one that is remodeled top to bottom and located within 3 blocks of the ocean and Pacific City. As of the moment writing this, there is nothing like it on the market in t
Location
State CA
County Orange
Interior
Cooling See Remarks
Fireplace No
Laundry Gas Dryer Hookup, Other
Building
Lot Description Level
Water Public
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Adam Shoop
Broker Associate at Exp Realty | Lic# 1782227