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17091 Oak Lane

Huntington Beach, CA 92647
  • $1,675,000
  • STATUS: Active
  • ON SITE: 153 Days
  • ID#: PW21143529
UPDATED: 95 min ago
$1,675,000
  • 0
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1964
County:

School Ratings & Info

Listing provided courtesy of Tam Pham of Professional R.E. Center, Inc.

Description

GREAT OPPORTUNITY TO OWN THIS 4 UNIT INVESTMENT PROPERTY ON A 7,841 SQF. LOT. FULLY OCCUPIED, ALL RESIDENTS ARE MONTH TO MONTH OCCUPANCY AND RENTAL INCREASES ARE AVAILABLE TO BE LEVIED BY ANY NEW OWNERSHIP. A SEPARATE LAUNDRY ROOM AFFORDS ADDITIONAL INCOME. EACH UNIT IS EQUIPPED WITH SEPARATE METERS FOR GAS AND ELECTRICITY AS WELL AS AN OWNER COMMON AREA ELECTRIC METER FOR EXTERIOR LIGHTING, A GAS METER FOR LAUNDRY SERVICE AND A SHARED WATER METER FOR ALL 4 UNITS AND FOR LANDSCAPE IRRIGATION. ALL UNITS NEED UPGRADING. 4 OF ONE-CAR GARAGE ARE CURRENTLY BEING USED AS STORAGE. CONVENIENTLY LOCATED IN PRIME LOCATION. EASY ACCESS TO THE 405 FREEWAY, JUST A FEW MILES TO THE BEACH WITH BEAUTIFUL WEATHER YEAR-ROUND. SHORT DISTANCE TO GREAT RESTAURANTS, TRENDY COFFEE SHOPS, AND BLOCKS AWAY FROM BELLA TERRA SHOPPING CENTER, COSTCO AND AWARD WINNING SCHOOLS.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-02T21:29:04.5. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Sentry Residential. Licensed in the State of California, USA.
www.themarellygroup.com/homes/118919673
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17091 Oak Lane Huntington Beach, CA 92647

  • Price: $1,675,000
  • Status: Active
  • On Site: 153 Days
  • Updated: 95 min ago
  • ID#: PW21143529
0
Beds
0
Baths
0
½ Baths
0.18
Acres
1964
Built
Neighborhood:
Other (Othr)
County:
Orange
Area:
17 - Northwest Huntington Beach
Property Description
GREAT OPPORTUNITY TO OWN THIS 4 UNIT INVESTMENT PROPERTY ON A 7,841 SQF. LOT. FULLY OCCUPIED, ALL RESIDENTS ARE MONTH TO MONTH OCCUPANCY AND RENTAL INCREASES ARE AVAILABLE TO BE LEVIED BY ANY NEW OWNERSHIP. A SEPARATE LAUNDRY ROOM AFFORDS ADDITIONAL INCOME. EACH UNIT IS EQUIPPED WITH SEPARATE METERS FOR GAS AND ELECTRICITY AS WELL AS AN OWNER COMMON AREA ELECTRIC METER FOR EXTERIOR LIGHTING, A GAS METER FOR LAUNDRY SERVICE AND A SHARED WATER METER FOR ALL 4 UNITS AND FOR LANDSCAPE IRRIGATION. ALL UNITS NEED UPGRADING. 4 OF ONE-CAR GARAGE ARE CURRENTLY BEING USED AS STORAGE. CONVENIENTLY LOCATED IN PRIME LOCATION. EASY ACCESS TO THE 405 FREEWAY, JUST A FEW MILES TO THE BEACH WITH BEAUTIFUL WEATHER YEAR-ROUND. SHORT DISTANCE TO GREAT RESTAURANTS, TRENDY COFFEE SHOPS, AND BLOCKS AWAY FROM BELLA TERRA SHOPPING CENTER, COSTCO AND AWARD WINNING SCHOOLS.
Exterior Features

Lot Features Front Yard Number Of Separate Electric Meters 5 Parking Features Door-SingleGarage Parking Total 4 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls Heating Central Heating YN Yes

Property Features

Additional Parcels YN No Common Interest None Community Features Street LightsSidewalks Electric Expense 280 Garage YN Yes Gross Income 81860 Gross Scheduled Income 81960 Insurance Expense 1665 Land Lease YN No Laundry Features Common AreaLaundry Room Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional Net Operating Income 68340 New Construction YN No Number Of Separate Gas Meters 5 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 13620 Property Sub Type Quadruplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Total Actual Rent 6720 Trash Expense 1850 Water Sewer Expense 1595 Water Source Public Zoning R3



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-02T21:29:04.5. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Sentry Residential. Licensed in the State of California, USA.
 
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The Marelly Group | Sentry Residential
5256 South Mission Rd, Suite 1006
Bonsall CA, 92003
Listing provided courtesy of Tam Pham of Professional R.E. Center, Inc.