$1,850,000

Investment Opportunity/Tenant Occupied

  • 6 Beds
  • 4 Baths
  • 3,000 Sqft
  • Updated: August 4
  • MLS#OC26160503

About the Property

Rare opportunity to acquire one of four tenant-occupied investment properties available individually or as part of a premier Orange County residential income portfolio. This property is currently leased at $9,000 per month under a 5-year lease with a 5-year extension option and 5% annual rent increases, providing immediate income and long-term stability for investors. This spacious three-story res
Rare opportunity to acquire one of four tenant-occupied investment properties available individually or as part of a premier Orange County residential income portfolio. This property is currently leased at $9,000 per month under a 5-year lease with a 5-year extension option and 5% annual rent increases, providing immediate income and long-term stability for investors. This spacious three-story residence offers approximately 3,000 square feet with 6 bedrooms, 4 full bathrooms, and an attached two-car garage. The home features granite countertops, recessed lighting, a spacious kitchen, generous living areas, and a flexible floor plan designed to accommodate a variety of living arrangements. Currently undergoing remodeling and improvements expected to be completed prior to the close of escrow, this property is located in the desirable Parkside Classics community of Huntington Beach, close to shopping, restaurants, parks, schools, major freeways, and just minutes from the beach. Tenants currently pay all utilities and day-to-day operating expenses, while the owner is responsible for property taxes, insurance, and repairs. 1031 exchange friendly. Seller financing may be available for qualified buyers with acceptable terms.
  • Property type

    House

  • Price/sqft

    $616

Features

  • Garage
  • Fireplace
  • Walk In Closet
  • Pool
  • Water View
  • Investment Property
  • Kitchen island
  • Gate
  • Balcony
Features

Lot

  • Water View
  • Investment Property

Indoor

  • Fireplace
  • Kitchen island
  • Stone Countertops
  • Walk In Closet

Outdoor

  • Balcony
  • Pool
  • Garage
  • Gate

Explore the Area

7861 Daisy, Huntington Beach, California, United States View on Google Maps
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Mikey Bente and Debra Gietter -

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Mikey Bente and Debra Gietter -
California, United States
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6
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2024
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Mikey Bente and Debra Gietter - Luxre Realty, Inc.
92648, Huntington Beach, California, United States
View agency profile
Last updated
August 4
First listed
Jul 30
Listing reference
229477
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