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Key Details
Sold Price $1,400,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 3,186 sqft
Price per Sqft $439
MLS Listing ID PW-23214682
Year Built 1964
Lot Size 6,010 Sqft
Property Description
We are pleased to present the Slater Property located in Huntington Beach. This value-add fourplex is situated on a major thoroughfare, Slater Avenue, giving the property high visibility and easy accessibility, ensuring a consistent flow of potential tenants. The single-story property comprises all 2-bedroom 1-bath units, each equipped with garages, laminate wood flooring (3/4 units), and dual-pane windows. The building also features a laundry facility, a recently replaced roof with a 10-year warranty, and individual meters for electricity and gas. Overall, this value-add investment offers over 40% upside in rental income with a solid foundation to achieve market rents while incurring low costs.
Location
State CA
County Orange
Interior
Laundry Common Area
Exterior
Parking Features Gated
Garage Spaces 4.0
Pool None
Community Features Sidewalks
Building
Lot Description Rectangular Lot
Sewer Public Sewer
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Paul Ward
Broker Associate | License ID: 01354001
Broker Associate License ID: 01354001
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