SOLD
$1,760,000
Date 06/12/2023

7832 Newman Ave
Huntington Beach, CA 92647

Fourplex
Residence
4,396
Sqft
0.22
Lot Size
Listing Agent: Gantry Wilson CalDRE: 01412779 - eXp Realty of California Inc
Embrace a prime Investment Opportunity in the coveted Huntington Beach locale, renowned for its High Rental Demand. This 4Plex, set on a sizeable lot, combines Vintage Charm with Modern Appeal. Unit A, a 3-bedroom, 2-bathroom Single-Story Home from 1929, fetches a Rent of $3,000 a month. The Rear Units (B, C, D) built in 1988, each 2-bed/2-bath, command Rents of $2,000, $2,100, and $2,200 respectively. Features include Shared Laundry, Enclosed Yards in Units A and D, and ample Garage Space. Each Tenant handles their Own Utilities, enhancing the Property's Income Efficiency. Conveniently Located near the Freeway, Shopping, Schools, and the Beach, this 4Plex is a promising proposition.While Property has Extensive Deferred Maintenance, this is Reflected in the Pricing, which allows room for a VALUE ADD and IMMEDIATE Capital Growth for the Savy Investor. Your Huntington Beach Income Property Awaits.
OC23092831
Fourplex, 1 Story
Orange
1988
0.22 Acres
Public
1
Public Sewer
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Walk Score

Transit Score

Listing Agent: Gantry Wilson CalDRE: 01412779 - eXp Realty of California Inc
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