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709 Palm Avenue

Huntington Beach, CA 92648
  • $4,550,000
  • STATUS: Active
  • ON SITE: 15 Days
  • ID#: OC22165024
$4,550,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
699 - Not Defined
Type:
Multi-Family
Built:
1970
County:
Orange
Area:
699 - Not Defined

School Ratings & Info

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Listing Agent(s): Pat Swanson of Pat Swanson (949-724-5564)


Description

> Location, Location, Location!!!> Downtown Huntington Beach> Less than three blocks to the Beach and Pier> 100% Turnkey Asset> All Units have been remodeled in the past 12 months> (5) 2 Bedroom / 1 Bath, (3) 1 Bedroom / 1 Bath Units> 3.51% CAP Rate on Actuals

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-12T00:29:53.897. 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 Cane Real Estate | Keller Williams La Jolla. Licensed in the State of California, USA.
www.canerealestate.com/homes/131317242
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709 Palm Avenue Huntington Beach, CA 92648

  • Price: $4,550,000
  • Status: Active
  • On Site: 15 Days
  • ID#: OC22165024
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1970
Built
Neighborhood:
699 - Not Defined
County:
Orange
Area:
699 - Not Defined
Property Description
> Location, Location, Location!!!> Downtown Huntington Beach> Less than three blocks to the Beach and Pier> 100% Turnkey Asset> All Units have been remodeled in the past 12 months> (5) 2 Bedroom / 1 Bath, (3) 1 Bedroom / 1 Bath Units> 3.51% CAP Rate on Actuals
Exterior Features

Lot Features Corner Lot Number Of Separate Electric Meters 9 Parking Total 8 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls

Property Features

Additional Parcels YN No Common Interest None Community Features Sidewalks Electric Expense 4845 Fuel Expense 0 Garage YN Yes Gross Income 231489 Gross Scheduled Income 233520 Insurance Expense 2396 Land Lease YN No Laundry Features None Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan1031 Exchange Net Operating Income 159793 New Construction YN No Number Of Separate Gas Meters 9 Number Of Separate Water Meters 1 Operating Expense 71696 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 19460 Trash Expense 2557 Water Sewer Expense 0 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-12T00:29:53.897. 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 Cane Real Estate | Keller Williams La Jolla. Licensed in the State of California, USA.
 
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Cane Real Estate | Keller Williams La Jolla
7817 Ivanhoe Avenue #101
La Jolla CA, 92037
Listing Agent(s): Pat Swanson of Pat Swanson (949-724-5564)