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1015 Georgia Street

Huntington Beach, CA 92648
  • $2,900,000
  • STATUS: Active
  • ON SITE: 168 Days
  • MLS #: OC23056901
$2,900,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1978
County:

School Ratings & Info

Listing Agent(s): Leo Betancourt of Re/Max Terrasol (714-536-6529) and Jenn Lanzner of Re/Max Terrasol(714-536-6529)


Description

A rare, well maintained 5 unit multi-family property located near downtown Huntington Beach. This property is currently occupied with great tenants, 4 of which are on leases and one month to month. There are 3 units with 2 bedrooms, 1 unit that has 3 bedrooms and 1 studio apt. There are 4 single car garages to the front of the building and a separate 2 car garage located to the rear of the property. Each unit is separately metered and the entire property is professionaly managed by a property managment company. However, this property can easily be maintained by an owner/manager and would increase your cap rate. The property is conveniently located just a short distance to downtown, the pier and the beach.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-22T00:30:34.39. 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 deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/138347342
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1015 Georgia Street Huntington Beach, CA 92648

  • Price: $2,900,000
  • Status: Active
  • On Site: 168 Days
  • MLS #: OC23056901
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1978
Built
Neighborhood:
Huntington West (Hwst)
County:
Orange
Area:
15 - West Huntington Beach
Property Description
A rare, well maintained 5 unit multi-family property located near downtown Huntington Beach. This property is currently occupied with great tenants, 4 of which are on leases and one month to month. There are 3 units with 2 bedrooms, 1 unit that has 3 bedrooms and 1 studio apt. There are 4 single car garages to the front of the building and a separate 2 car garage located to the rear of the property. Each unit is separately metered and the entire property is professionaly managed by a property managment company. However, this property can easily be maintained by an owner/manager and would increase your cap rate. The property is conveniently located just a short distance to downtown, the pier and the beach.
Exterior Features

Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 5 Parking Total 8 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls Heating Central Heating YN Yes

Property Features

Additional Parcels YN No Cap Rate 4 Common Interest None Community Features CurbsStorm Drain(S)Street LightsSidewalks Electric Expense 2100 Fuel Expense 3591 Garage YN Yes Gross Income 142884 Gross Scheduled Income 142884 Insurance Expense 2272 Land Lease YN No Laundry Features Common Area Listing Agreement Exclusive Right To Sell Listing Service Limited Service Listing Terms Cash To New Loan Maintenance Expense 255 Net Operating Income 113791 New Construction YN No Number Of Separate Gas Meters 5 Number Of Separate Water Meters 5 Operating Expense 29337 Other Expense 3591 Property Sub Type Mixed Use Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Trust Trash Expense 1866 Utilities Natural Gas ConnectedWater Connected Water Sewer Expense 2436 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-22T00:30:34.39. 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 deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Leo Betancourt of Re/Max Terrasol (714-536-6529) and Jenn Lanzner of Re/Max Terrasol(714-536-6529)