7832 Newman Ave, Huntington Beach, CA 92647
Fourplex
Sold June 2023
Listing Agent: Gantry Wilson (DRE #01412779) · Listing Office: eXp Realty of California Inc · Contact: 888-584-9427 · Bought with: Gantry Wilson · eXp Realty of California Inc · MLS #OC23092831 · Source: CRMLS
About this fourplex
Embrace a prime Investment Opportunity in the coveted Huntington Beach locale, renowned for its High Rental Demand. This 4Plex, set on a sizeable lot, combines Vintage Charm with Modern Appeal. Unit A, a 3-bedroom, 2-bathroom Single-Story Home from 1929, fetches a Rent of $3,000 a month. The Rear Units (B, C, D) built in 1988, each 2-bed/2-bath, command Rents of $2,000, $2,100, and $2,200 respectively. Features include Shared Laundry, Enclosed Yards in Units A and D, and ample Garage Space. Each Tenant handles their Own Utilities, enhancing the Property's Income Efficiency. Conveniently Located near the Freeway, Shopping, Schools, and the Beach, this 4Plex is a promising proposition. While Property has Extensive Deferred Maintenance, this is Reflected in the Pricing, which allows room for a VALUE ADD and IMMEDIATE Capital Growth for the Savy Investor. Your Huntington Beach Income Property Awaits.
Listing description from the June 2023 sale, as reported to CRMLS.
Sale history