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Sold for $1,760,000 on 06/12/23
  • Listing Provided by: 

    Gantry Wilson DRE #01412779 714-500-7797,

    eXp Realty of California Inc

    Bought with: eXp Realty of California Inc
    $1,760,000

    7832 Newman Ave, Huntington Beach, CA 92647

    9beds
    8baths
    4,396sqft
    Quadruplex
    Built in 1988
    -- sqft lot
    $-- Zestimate®
    $400/sqft
    $3,844 Estimated rent

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    $3,844/mo

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    $10,904/mo

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    What's special

    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.

    Zillow last checked: 8 hours ago

    Listing updated: June 13, 2023 at 02:21pm

    Listing Provided by:

    Gantry Wilson DRE #01412779 714-500-7797,

    eXp Realty of California Inc

    Bought with:

    Gantry Wilson, DRE #01412779

    eXp Realty of California Inc

    Source: CRMLS,MLS#: OC23092831MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 8
    Heating
    • Forced Air, Wall Furnace
    Cooling
    • None
    Appliances
    • Included: Gas Range
    • Laundry: Common Area
    Features
    • High Ceilings, Open Floorplan
    • Flooring: Carpet, Wood
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 4,396
    • Total interior livable area: 4,396 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Carport, Garage
    • Garage spaces: 6
    • Carport spaces: 2
    • Covered spaces: 8
    Features
    • Levels: One,Two
    • Stories: 1
    • Entry location: 1
    • Pool features: None
    • Spa features: None
    • Has view: Yes
    • View description: None
    Lot
    • Size: 9,583 sqft
    • Features: Front Yard, Yard
    Details
    • Parcel number: 16530110
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1988

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Street Lights
    Location
    • Region: Huntington Beach
    • Subdivision: ,Other

    HOA & financial

    Other financial information
    • Total actual rent: 111600

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan,Submit