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$1,299,999
7871 Newman Avenue
Huntington Beach, CA 92647

9,043 SqFt Lot
0.2076 Acres
Multi-Family


Status:Active
Excellent income producing triplex plus 1 storage/studio. One 3 beds/1 bath and two 2 beds/1 bath and 1 storage. All unit have laundry room and own backyard. New owner can easily raise rent to market level. Market rent for each unit should be $1,800. All rental are below market level. Current rent is $1,750, $1700, $1600, and $400 ($65,400 per year). Current owner only pay for water ($120 per month). Tenants pay all other utilities. Very convenience for renter as it is close to walmart, banks, and hospital. Only 4 miles from the beach. This property has a huge lot, 9,000+ square foot.
Basics
Property Type:   Multi-Family
Lot Size:   9,043 SqFt Lot
Lot Acres:   0.2076 Acres
Year Built:   1963
Subdivision:   Other (OTHR)
Mls Area Code:   14 - South Huntington Beach
MLS#:   OC19129223
     
Home Features
Single Story
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Listing Agent: Khoa Ha    Listing Broker: Khoa Ha, Broker   

 
Based on information from California Regional Multiple Listing Service, Inc. as of 10/21/19 EST/EDT EST/EDT. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent
      
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7871  Newman Avenue property can be shown by Bearden Team
Bearden Team
would be pleased to show 7871 Newman Avenue

19671 Beach Blvd. - Suite 101
Huntington Beach, California
Direct714-473-7270

Coldwell Banker Beachside