2516 Delaware

    Huntington Beach, CA 92648
    • $1,795,000
    • STATUS: Closed
    • ON SITE: 225 days
    • ID#: PW18073798
    Sold - 09/14/2018
    $1,795,000
    SOLD - 09/14/2018
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,160
      SQFT
    • $431
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1982
    County:

    School Ratings & Info

    Description

    Prime investment opportunity in the desirable Huntington Beach neighborhood. This lovely well-maintained multiplex unit is fully occupied , free-standing single family house in front with huge private backyard and 4 units in the rear. The front house was fully remodeled in 2016 and the the rear unit was built in 1982. There are 4 separate garages with separate coin laundry house, 4 separate gas and electric meters. The current income is over $95,000 with potential bootleg over $110,00. Few blocks from the Beach and Main Street Shopping Center. Great opportunity to own a stable investment in the city of HB that produces good monthly cash flow and low maintenance. See Supplement.

    Sold by Artie Dorr of Balboa Realty.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-15T00:29:41.7. 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. Licensed in the State of California, USA.
    www.playavistaliving.com/homes/82234644

    2516 Delaware Huntington Beach, CA 92648

    • Price: $1,899,999
    • Status: Closed
    • ID#: PW18073798
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    4,160
    SQFT
    $431
    $/SQFT
    1982
    Built
    Neighborhood:
    Huntington West (Hwst)
    County:
    Orange
    Area:
    15 - West Huntington Beach
    Property Description
    Prime investment opportunity in the desirable Huntington Beach neighborhood. This lovely well-maintained multiplex unit is fully occupied , free-standing single family house in front with huge private backyard and 4 units in the rear. The front house was fully remodeled in 2016 and the the rear unit was built in 1982. There are 4 separate garages with separate coin laundry house, 4 separate gas and electric meters. The current income is over $95,000 with potential bootleg over $110,00. Few blocks from the Beach and Main Street Shopping Center. Great opportunity to own a stable investment in the city of HB that produces good monthly cash flow and low maintenance. See Supplement.
    Exterior Features

    Architectural Style Bungalow Foundation Details Combination Garage Spaces 4.00 Lot Features 2-5 Units/AcreSprinklers In Front Lot Size Source Assessor Lot Size Units Square Feet Parking Features Garage - Rear Entry Parking Total 4.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes Roof Composition View Neighborhood View YN Yes

    Interior Features

    Appliances DishwasherFree Standing RangeGarbage Disposal Appliances YN Yes Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Fireplace Features None Fireplace YN No Flooring Laminate Heating Wall Heater Heating YN Yes Interior Features 2 StaircasesBalconyCathedral-Vaulted CeilingsTile Counters Laundry Features CommunityIndividual Room Levels Two Room Type Living RoomWalk-In Closet

    Property Features

    Accessibility Features None Additional Parcels YN No Building Area Units Square Feet Community Features Sidewalks Country Us Electric Expense 1320.00 Elevation Units Feet Fuel Expense 600.00 Gardener Expense 900.00 Gross Income 95220.00 Gross Operating Income 95220.00 Gross Scheduled Income 95220.00 Insurance Expense 1350.00 Land Lease YN No Laundry Equipment Own Lease Own Laundry Income 100.00 Laundry YN Yes Net Operating Income 84930.00 New Taxes Expense 0.00 Number Of Separate Electric Meters 4 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 4 Operating Expense 10290.00 Professional Management Expense 3000.00 Property Condition Building PermitTurnkeyUpdated/Remodeled Rent Control YN No Senior Community YN No Special Listing Conditions Standard Subdivision Name Other Huntington West (Hwst) Total Expenses 10290.00 Trash Expense 960.00 Utilities Natural Gas AvailableWater Connected Water Sewer Expense 2160.00 Water Source Public Year Built Source See Remarks

    Listing provided courtesy of Julie Nguyen of T.N.G. Real Estate Consultants.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-15T00:29:41.7. 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. Licensed in the State of California, USA.
     
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