Huntington Beach, CA 92647,7581 Warner Ave AVE
$4,825,000
$4,999,888
3.5%
Est.Price: ?

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13,305 SqFt

7581 Warner Ave AVE Huntington Beach, CA 92647

Est. payment /mo
SOLD DATE : 04/09/2018

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Key Details

Sold Price $4,825,000

Property Type Commercial

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Square Footage 13,305 sqft

Price per Sqft $362

MLS Listing ID OC17200911

Sold Date 04/09/18

HOA Y/N No

Year Built 1988

Annual Tax Amount $55,908

Tax Year 2017

Lot Size 0.370 Acres

Property Sub-Type Multi Family

Property Description

MAJOR PRICE REDUCTION FROM $5,200,000 TO $4,999,888. Built in 1988, Huntington Beach Terrace Apartments is a Class A. Consisting of 11 very spacious two and three bedroom apartments, 10 of which have been recently renovated. Completed between 2016 and 2017, each unit now boasts new interior paint, window awnings, granite counter tops, stainless steel appliances(dishwasher/refrigerator/sink/stovetop/oven/micro-wave), cabinets/hardware, kitchen fixtures, faux wood flooring, ceiling fans, electrical outlets,bathroom vanity cabinets, toilets, flooring, showers, lights, mirrored closets, interior doors, etc. Additionally, each unit enjoys a newly renovated balcony or patio, renovated on-site laundry on each of the 3 levels, private enclosed parking garage (16 total), and ample guest surface parking(8 open spots). Standard to each apartment is metered gas and electric, central air conditioning/heat, and individual water heater. Water, trash, and sewer is billed back through a RUBS program.

Displaying new exterior paint, monument signage, landscaping, and full video surveillance, this multi-family investment offering is strongly
positioned for a quick sale in what is considered to be a solid beach city rental market. PLEASE CALL AGENT FOR COMPLETE MARKETING PACKAGE

Location

State CA

County Orange

Area 17 - Northwest Huntington Beach

Zoning Multi-family

Interior

Heating Forced Air

Cooling Central Air

Laundry Common Area, Community

Exterior

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Water Available

Roof Type Composition

Building

Lot Description 11-15 Units/Acre, Landscaped

Story 3

Water Public

Others

Security Features Fire and Smoke Detection System,Security Lights,Smoke Detector(s)

Acceptable Financing Assumable, Conventional

Listing Terms Assumable, Conventional

Financing Assumable,Conventional

Special Listing Condition Standard

Lease Land No

Confidential INFO

BAC 2.0

TERMS Cash To Existing Loan,Conventional

LIST AGRMT Exclusive Right To Sell

LIST SERVICE Limited Service

SHOW CONTACT TYPE Agent

SHOW CONTACT NAME Frank Dinari

SHOW CONTACT PH 949-705-5040

SHOW INSTRUCTIONS Contact Agent: Frank Dinari 949-705-5040

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CRMLS Plus
Listed by Sperry Commercial, Inc.
Bought with CRMLS
GET MORE INFORMATION
agent

Mark Witte

Agent | License ID: 02102425

+1(949) 269-7270

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