$3,000,000
$3,400,000
11.8%For more information regarding the value of a property, please contact us for a free consultation.
0.58 Acres Lot
SOLD DATE : 04/27/2021
Key Details
Sold Price $3,000,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Other (Othr)
MLS Listing ID OC21042336
Sold Date 04/27/21
HOA Y/N No
Year Built 1963
Lot Size 0.580 Acres
Property Description
Fabulous opportunity to own 8 residential 2 bedroom 1 bath units in two buildings in a prime Huntington Beach rental area. They are located at 17551 and 17561 Jefferson Lane. These units are fully occupied with stable long term tenants. There is great upside potetial in the rents. The buildings sit on separately deeded adjacent lots and are only being offered together as one complex. Six of the units have good-sized private fenced yard areas, and the two end units enjoy substantially over-sized yards. Several of the units have been upgraded with tile floors, granite counters and some double paned windows and sliding patio doors. Each unit has its own carport, and there is additonal on-site parking. The parking area will be re-surfaced in the coming weeks. One building houses the laundry room and the second has a storage area or the possibility for a second laundry.
Location
State CA
County Orange
Area 16 - Fountain Valley / Northeast Hb
Interior
Heating Wall Furnace
Cooling None
Fireplaces Type None
Fireplace No
Laundry Common Area
Exterior
Garage Carport
Carport Spaces 8
Pool None
Community Features Curbs
Total Parking Spaces 8
Private Pool No
Building
Lot Description Street Level
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 16748107
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Bobby Aschtiani • Skyline Commercial Real Estate
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Broker Associate | Lic# 00870450