Property · 2 recorded sales since 2017
Listing Agent: Aneeta Kumar (DRE #01325889) · Listing Office: Keller Williams Realty · Contact: 714-861-5500 · Bought with: Richard Green · RE/MAX TerraSol · MLS #OC20135367 · Source: CRMLS
This HB 4Plex was just extensively remodeled and highly upgraded including new kitchens with Quartz counter tops, bathrooms with Quartz tops & tiles, laminate flooring, new roof, new fence, well maintained and much more. With current rents that are close to fair market value, this building generates solid gross scheduled income. This apartment complex mix includes one 3 bedroom/2 bath unit, two 2 bedroom/2 bath units, one 2bedroom/1bath unit. Resident amenities include onsite laundry room, a large fenced private back patio area, a large one car garage for each unit, plus additional onsite parking. This complex is conveniently located in a very desirable neighborhood of HB and only 3 miles from the beach. Three units have been remodeled and highly upgraded. Great income for savvy investors and generating over 4% cap rate with current income. There will be very little work to do for new owners.
Listing description from the February 2021 sale, as reported to CRMLS.