Prime investment opportunity in the heart of Huntington Beach. Within walking distance of the beach, Huntington Beach High School and ample shopping, this quadruplex is ideally located for owners and tenants alike. The four units are an excellent mix, with 1 three-bedroom (two bathroom), 2 two-bedroom (two bathroom) and 1 one-bedroom (one bathroom). Each unit comes with its own enclosed garage as well an additional parking spot on the driveway. The one-mile radius surrounding the property has over 50% renter occupied units and over $100,000 in average annual income, making this an ideal property in a very strong rental market. In addition to the property features and location, the potential return is even greater should the buyer takeover the current assumable loan (2.673% fixed rate, maturing in 2050). At current interest rates, the value of the mortgage assumption is over $120,000. Please be respectful of the tenants and owners and do not walk the property without a prior appointment. See Supplements for additional information. The calculations and data presented are deemed to be accurate, but not guaranteed. They are intended for the purpose of illustrative projections and analysis. The information provided is not intended to replace or serve as substitute for any legal, accounting, investment, real estate, tax or other professional advice, consultation or service.
Based on information from California Regional Multiple Listing Service, Inc. as of January 17th, 2018 at 4:00pm 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.