Commercial property
Listing Agent: Thomas Luong (DRE #01851108) · Listing Office: Superior Real Estate Group · Contact: 714-766-2566 · Bought with: Ai Ngo · First Team Real Estate · MLS #PW23179181 · Source: CRMLS
Ownership Type: Leasehold ( Land Lease), Expiration Year: 2065. Rarely on market. 100% Tenants Occupied. Current Lease $21,061/mo. CAP RATE 6%. Prime investment opportunity of a Commercial/Retail building right in a busy business area of Huntington Beach. The building has been well maintained. With only few miles to PCH, the iconic Huntington Beach Pier, this 4-unit building truly is perfect for investor. This building is in neighbor with Wal-Mart, KFC, In-and-Out Burger…and many more. This retail center offers plenty of parking spaces and great visibility for any kind of business with tons of traffics daily. Property name consists of one (1) Parcel APN: 988-481-09. . . Building size is approximately 5,500 sqft. Lot is approximately 19,950 sqft. Must come and see to appreciate the endless potential this Commercial/Retail building can bring to you.
Listing description from the September 2024 sale, as reported to CRMLS.