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7581 Warner Ave Avenue, Huntington Beach, CA 92647

Property · 2 recorded sales since 2018

7581 Warner Ave Avenue, Huntington Beach, CA 92647 Sold April 2018 CRMLS
$4,825,000Sold April 2018

Listing Agent: Burton Young (DRE #01058300) · Listing Office: Sperry Commercial, Inc. · Contact: 949-705-5000 · Bought with: General NONMEMBER · CRMLS · MLS #OC17201601 · Source: CRMLS

16,117 sqft
Lot Size
1988
Year Built
Property
Type
16
Garage
CentralAir
Cooling
ForcedAir
Heating
$55,908/yr
Taxes

About this property

MAJOR 2ND PRICE REDUCTION FROM $5,099,000 TO $4,999,888
 
 A VALUE ADD PROPERTY WITH UPSIDE IN RENTS!
 
 Built in 1988, Huntington Beach Terrace Apartments is a Class A. Consisting of 11 very spacious two and three bedroom apartments, 10 of which have been recently renovated. Completed between 2016 and 2017, each unit now boasts new interior paint, window awnings, granite counter tops, stainless steel appliances(dishwasher/refrigerator/sink/stove top/oven/micro-wave), cabinets/hardware, kitchen fixtures, faux wood flooring, ceiling fans, electrical outlets,bathroom vanity cabinets, toilets, flooring, showers, lights, mirrored closets, interior doors, etc. Additionally, each unit enjoys a newly renovated balcony or patio, renovated on-site laundry on each of the 3 levels, private enclosed parking garage (16 total), and ample guest surface parking(8 open spots). Standard to each apartment is metered gas and electric, central air conditioning/heat, and individual water heater. Water, trash, and sewer is billed back through a RUBS program.
 
 Displaying new exterior paint, monument signage, landscaping, and full video surveillance, this multi-family investment offering is strongly
 positioned for a quick sale in what is considered to be a solid beach city rental market. PLEASE CALL AGENT FOR COMPLETE MARKETING PACKAGE

Listing description from the April 2018 sale, as reported to CRMLS.

Sale history

$4,825,000
Sold April 2018 · listed $4,999,888, orig. $5,200,000, on market August 2017 · MLS #OC17201601 · Source: CRMLS
Listing Agent: Burton Young · Listing Office: Sperry Commercial, Inc. · Contact: 949-705-5000 · Bought with: General NONMEMBER · CRMLS
$4,825,000
Sold April 2018 · listed $4,999,888, orig. $5,200,000, on market August 2017 · MLS #OC17200911 · Source: CRMLS
Listing Agent: Burton Young · Listing Office: Sperry Commercial, Inc. · Contact: 949-705-5000 · Bought with: General NONMEMBER · CRMLS
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