5042 Waverider Cir.

    Huntington Beach, CA 92649
    • $2,165,000
    • STATUS: Pending
    • ON SITE: 254 days
    • ID#: PW18025387
    Pending
    UPDATED: 39 min ago
    $2,165,000
    • 0
      BEDS
    • 0.2
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,600
      SQFT
    • $328
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1988
    County:

    School Ratings & Info

    Description

    This three-story fourplex in the heart of Huntington Harbor provides a great long-term investment opportunity that is extremely hands off and low maintenance. A pride of ownership opportunity that rarely comes on the market, investors have a chance to own one of the best multifamily properties in Huntington Beach. Units have the look and feel of condos, easily renting for the highest rents in the sub market. The owner recently completed many top of the line upgrades, putting over $100,000 of capital expenditures into the interior of the units.Named the "Best City to Live in Orange County", Huntington Beach is a vibrant surf city with mild climate that offers residents a charming community with ideal weather, diversified economy, excellent educational system, boat marinas, numerous parks, and an epicenter of activity. Boasting some of California's widest, cleanest and safest beaches, the city is home to newly constructed Pacific City, a premier downtown development with trendy retail and eateries. Huntington Beach is centrally located to all major attraction in Orange County including Disneyland, Angel Stadium, Pacific city, and Knott's Berry Farm.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-10-15T14:29:49.507. 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/80465956

    5042 Waverider Cir. Huntington Beach, CA 92649

    • Price: $2,165,000
    • Status: Pending
    • Updated: 39 min ago
    • ID#: PW18025387
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.2
    Acres
    6,600
    SQFT
    $328
    $/SQFT
    1988
    Built
    Neighborhood:
    699 - Not Defined
    County:
    Orange
    Area:
    699 - Not Defined
    Property Description
    This three-story fourplex in the heart of Huntington Harbor provides a great long-term investment opportunity that is extremely hands off and low maintenance. A pride of ownership opportunity that rarely comes on the market, investors have a chance to own one of the best multifamily properties in Huntington Beach. Units have the look and feel of condos, easily renting for the highest rents in the sub market. The owner recently completed many top of the line upgrades, putting over $100,000 of capital expenditures into the interior of the units.Named the "Best City to Live in Orange County", Huntington Beach is a vibrant surf city with mild climate that offers residents a charming community with ideal weather, diversified economy, excellent educational system, boat marinas, numerous parks, and an epicenter of activity. Boasting some of California's widest, cleanest and safest beaches, the city is home to newly constructed Pacific City, a premier downtown development with trendy retail and eateries. Huntington Beach is centrally located to all major attraction in Orange County including Disneyland, Angel Stadium, Pacific city, and Knott's Berry Farm.
    Exterior Features

    Garage Spaces 4.00 Lot Features Cul-De-SacLandscaped Lot Size Units Square Feet Parking Features AssignedDirect Garage AccessGarage Parking Total 8.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes Roof Tile

    Interior Features

    Appliances DishwasherGas StoveMicrowaveRefrigerator 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 Living Room Fireplace YN Yes Heating Central FurnaceFireplace Heating YN Yes Interior Features BalconyCeiling FanCrown MoldingsGranite CountersPantry Laundry Features Dryer IncludedElectric Dryer HookupWasher HookupWasher Included Levels Three Or More

    Property Features

    Additional Parcels YN No Association YN Yes Building Area Units Square Feet Cap Rate 3.00 Community Features CurbsSidewalksSuburban Country Us Electric Standard Elevation Units Feet Gross Income 107088.00 Gross Multiplier 20.61 Gross Operating Income 101850.00 Gross Scheduled Income 105000.00 Insurance Expense 430.00 Land Lease YN No Laundry YN Yes Net Operating Income 64543.00 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 37307.00 Operating Expense Percent 35.50 Other Expense 4260.00 Other Expense Description Hoa Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Expenses 37307.00 Trash Expense 200.00 Utilities Sewer ConnectedWater Connected Vacancy Allowance 3150 Vacancy Allowance Rate 3.00 Water Sewer Expense 2794.00 Water Source Public

    Listing provided courtesy of Gary Tolfa of Triqor Group.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-10-15T14:29:49.507. 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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