2308 Florida Street,  Huntington Beach CA, 92648 (Residential Income)

3,722 sqft
Status: Sold
MLS#: CV16180058
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Last Updated: 12/3/2016 8:25 PM
Description for 2308 Florida Street Huntington Beach, CA 92648
Rare Value Add Opportunity, Non Rent Control. 4 – 2 bedroom and 1 bathroom cottage style units with attached single car garages in a highly desirable and centrally located area of Huntington Beach. A long term tenant’s dream, beach close while still situated in a quiet and safe neighborhood. All units occupied. 3 out of the 4 units have been remodeled and upgraded. Well-managed building with solid existing tenants. Property has a large lot with an additional 4,000 square feet of space to build an additional unit. Property zoned “RM” means 15 units/acre density, and allows for a 5th unit on the property. Buyer to check and verify with city of Huntington Beach planning department to satisfy themselves.
Price
Sold Price:
$1,485,000
Sold Date:09/21/2016
Orange
3,722 (approx)
CV16180058
Closed
Description
Rare Value Add Opportunity, Non Rent Control. 4 – 2 bedroom and 1 bathroom cottage style units with attached single car garages in a highly desirable and centrally located area of Huntington Beach. A long term tenant’s dream, beach close while still situated in a quiet and safe neighborhood. All units occupied. 3 out of the 4 units have been remodeled and upgraded. Well-managed building with solid existing tenants. Property has a large lot with an additional 4,000 square feet of space to build an additional unit. Property zoned “RM” means 15 units/acre density, and allows for a 5th unit on the property. Buyer to check and verify with city of Huntington Beach planning department to satisfy themselves.
Listing Information
Property Type: Cluster, Cottage
0.34 Acres 1,481,000 sq.ft. 3,722 (approx)
$398.98 1963
Yes- 4 spaces
5 Total
Neighborhood
Room Information
Interior Features
Garbage Disposal
Carpet Wall to Wall, Laminate
Wall Unit
Family Room, Kitchen
Exterior / Lot Features
4 Garage Spaces, 4 Parking Spaces, Garage
Composition
Wood
Sidewalks
Driving Directions
Cross Streets: Yorktown
Financial Considerations
02519123
$81,600 Income ,$28,068Expense
Listing Price History

Huntington Beach Real Estate

Huntington Beach is located in California. Huntington Beach, California 92648 has a population of 191,403.

The median household income in Huntington Beach, California 92648 is $81,849. The median household income for the surrounding county is $75,566 compared to the national median of $53,046. The median age of people living in Huntington Beach 92648 is 40.1 years.

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Courtesy: WRIGHT PROPERTY MANAGEMENT JOHN WRIGHT
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