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Listed by Ruben Khorsandi • Alliance Investment RE Group
$ 1,995,000
Est. payment /mo
Price Dropped by $200K
17082 Emerald Lane Huntington Beach, CA 92647
3,761 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 3,761 sqft
Price per Sqft $530
MLS Listing ID OC-25124136
Year Built 1964
Lot Size 8,036 Sqft
Property Sub-Type Apartment
Property Description
PRICE IMPROVEMENT!! PRIDE OF OWNERSHIP 4-PLEX! We are pleased to offer for sale this well-located property in the highly desirable rental market of Huntington Beach. This asset provides an excellent unit mix of VERY LARGE units (approx. 950 sq. ft. per unit) of 75% 2 bedroom & 3 bedroom units that have ALL been completely renovated with new kitchens, bathrooms, and flooring within the last year! The exterior has also been renovated with new paint, newer windows and garage doors. There are also A/C units and in unit washer and dryer hook-ups in each unit and garages for tenants to enjoy. The property is also individually metered for gas and electric which keeps operating expenses low for the owner. Actual in place rents are also very strong allowing a new owner to have great cash flow from day 1 without the need to significantly raise rents. Three of the four units also have ground level entry. Property qualifies for 30 year fixed residential financing.
Location
State CA
County Orange
Area 16 - Fountain Valley / Northeast Hb
Interior
Flooring Vinyl
Laundry In Kitchen
Exterior
Parking Features Garage
Garage Spaces 4.0
Pool None
Community Features Curbs, Sidewalks, Street Lights
Building
Lot Description 2-5 Units/Acre
Sewer Public Sewer