7801 Sycamore Drive, Huntington Beach, CA 92647
Fourplex · 2 recorded sales since 2019
Sold September 2020
Listing Agent: Christian Walsh (DRE #01804983) · Listing Office: Coldwell Banker Realty · Contact: 949-644-1600 · Bought with: Lilian Lepore · KW Commercial · MLS #PW20121625 · Source: CRMLS
About this fourplex
This HB 4plex was just extensively remodeled including new kitchens, bathrooms, flooring, energy efficient lighting, updated switches and outlets, new exterior and interior paint and more. With current rents that are close to fair market value, this building generates solid gross scheduled income of over $108,000. The smart unit mix includes one 3 bedroom/2 bath unit over the garages and three 2 bedroom/1 bath units on the ground floor. Resident amenities include onsite laundry room (owner-owned machines generate approximately $300 a month), a large fenced private back patio area, a large 1 car garage for each unit, plus additional onsite parking. This building is conveniently located in a designated Qualified Opportunity Zone, which can offer potential tax advantages to savvy investors while generating nearly a 5% cap rate with current income.
Listing description from the September 2020 sale, as reported to CRMLS.
Sale history
