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7581 Warner Ave AVE Huntington Beach, CA 92647
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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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Bought with CRMLS