7581 Warner Ave Avenue, Huntington Beach

$5,200,000

0 Beds
0 Baths
13,305 Sqft
0 Sqft
0 Garages

A VALUE ADD PROPERTY WITH UPSIDE IN RENTS! Built in 1988, Huntington Beach Terrace Apartments is a Class A. Consisting of 11 very spacious two and three bedroom apartments, 10 of which have been recently renovated. Completed between 2016 and 2017, each unit now boasts new interior paint, window awnings, granite counter tops, stainless steel appliances(dishwasher/refrigerator/sink/stove top/oven/micro-wave), cabinets/hardware, kitchen fixtures, faux wood flooring, ceiling fans, electrical outlets,bathroom vanity cabinets, toilets, flooring, showers, lights, mirrored closets, interior doors, etc. Additionally, each unit enjoys a newly renovated balcony or patio, renovated on-site laundry on each of the 3 levels, private enclosed parking garage (16 total), and ample guest surface parking(8 open spots). Standard to each apartment is metered gas and electric, central air conditioning/heat, and individual water heater. Water, trash, and sewer is billed back through a RUBS program. Displaying new exterior paint, monument signage, landscaping, and full video surveillance, this multi-family investment offering is strongly positioned for a quick sale in what is considered to be a solid beach city rental market. PLEASE CALL AGENT FOR COMPLETE MARKETING PACKAGE

Essential Information
MLS® #OC17201601
Price$5,200,000
Square Footage13,305
Year Built1988
TypeResidential Income
StatusActive
Community Information
Address7581 Warner Ave Avenue
SubdivisionOther (OTHR)
CityHuntington Beach
CountyOrange
StateCA
Zip Code92647
Area

Northwest Huntington Beach (17)

Amenities
Parking Spaces24
Interior
HeatingForced Air
CoolingCentral A/C
FireplaceYes
# of Stories3
StoriesThree Or More Levels
Appliances

Dishwasher, Microwave, Refrigerator, Water Heater Unit

Exterior
Lot Description11-15 Units/Acre, Landscaped
RoofComposition
Additional Information
Date ListedAugust 9th, 2017
Days on Market99
ZoningMulti-family
Listing Details
AgentBurton Young(01058300)
OfficeSperry Commercial, Inc.

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Based on information from California Regional Multiple Listing Service, Inc. as of November 17th, 2017 at 1:00pm PST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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