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7561 Center Avenue 18, Huntington Beach, CA 92647

Commercial property · 2 recorded sales since 2017

7561 Center Avenue 18, Huntington Beach, CA 92647 Sold July 2020 CRMLS
$650,000Sold July 2020

Listing Agent: Manny Harwil (DRE #01332889) · Listing Office: Harwil Real Estate · Contact: 949-527-8588 · Bought with: Leah Chang · Redpoint Realty · MLS #PW20048011 · Source: CRMLS

2,127
Building Sq Ft
53
Units
5.01%
Cap Rate
1,307 sqft
Lot Size
1977
Year Built
Mixed Use
Zoning
Commercial property
Type

About this commercial property

Exceptional CAP rate for this Huntington Beach investment property. This Old World Village mixed-use unit was entirely remodeled 15 months ago. Located in the most accessible and desirable location, right off the 405 freeway across from Bella Terra, and 2 minutes walk to Golden West Community College. The upstairs unit is a 3 bedroom 2 bath fully renovated and updated with stainless steel appliances including refrigerator and in closet washer and dryer. The downstairs retail unit is also well appointed with what is suitable for the current tenant. Nice cozy backyard with direct access. This unit is the second largest in the community located in the heart of the village offering maximum exposure. One car garage, and ample parking in the community's two parking lots. The residential upstairs unit is on a month to month lease, and the retail storefront lease is in effect through January 2021.

Listing description from the July 2020 sale, as reported to CRMLS.

Sale history

$650,000
Sold July 2020 · listed $710,000, on market March 2020 · MLS #PW20048011 · Source: CRMLS
Listing Agent: Manny Harwil · Listing Office: Harwil Real Estate · Contact: 949-527-8588 · Bought with: Leah Chang · Redpoint Realty
$558,000
Sold November 2017 · listed $599,000, on market October 2017 · MLS #OC17235115 · Source: CRMLS
Listing Agent: Ha Mach · Listing Office: Ha Minh Mach, Broker · Contact: 714-553-9939 · Bought with: Manny Harwil · Harwil Real Estate
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