For Sale, USD 1,850,000
2006 California St, Huntington Beach, CA 92648, USA, Huntington Beach, California, United States
Property Type : Single Family Home
Property Style : N/A
Build Size : 3,071 ft² / 285 m²
Land Size : 6,534 ft² / 607 m² Convert Land Size
Bedroom : 0
Bathroom : 0
Half Bathroom : 0
MLS#: N/A
Property Description
Located in the highly desirable downtown area of Huntington Beach, this well-maintained triplex investment opportunity offers strong income potential, an excellent unit mix, and long-term upside. The property features three spacious units with separate utilities and attractive outdoor spaces. The front unit is a three-bedroom, two-bath with inside laundry, a detached two-car garage, and a large private backyard, creating the feel of a single-family home. The middle unit offers two bedrooms and two baths, inside laundry, a two-car attached garage without direct access, and a spacious backyard. This unit was extensively remodeled approximately three years ago with new flooring, cabinetry, countertops, updated bathrooms and shower, and fresh paint. The upper carriage unit, located above the garages, is a spacious one-bedroom, one-bath featuring two private balconies that capture refreshing ocean breezes. New carpeting was installed about four years ago. The property has been meticulously maintained by a longtime owner and features mature landscaping with a drip irrigation system. Utilities include three separate gas meters and three separate electric meters. The landlord currently pays water and trash. All units include full kitchens and tenants own their refrigerators. All units are currently occupied by long-term tenants who would like to remain while understanding rents will adjust toward market levels. Current gross scheduled income is approximately eighty-five thousand eight hundred dollars annually (four point three percent cap rate), with projected market rents estimated to bring gross scheduled income to approximately one hundred thirteen thousand dollars, offering strong upside potential. Conveniently located about one mile from Downtown Huntington Beach, the property offers easy access by bike, walk or skateboard to shops, restaurants, and entertainment. The beach is approximately one point five miles away, with a park just around the corner and everyday shopping within walking distance. A rare opportunity to own a well-located income property in one of Orange County's most sought-after beach communities.
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2006 California St, Huntington Beach, CA 92648, USA, United States,California,Huntington Beach is a 3,071ft² Huntington Beach luxury Single Family Home listed for sale USD 1,850,000. This high end Huntington Beach Single Family Home is comprised of 0 bedrooms and 0 baths. Find more luxury properties in Huntington Beach or search for luxury properties for sale in Huntington Beach.