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    7561 Center Avenue

    Huntington Beach, CA 92647
    • $895,000
    • STATUS: CONTINGENT
    • ON SITE: 46 Days
    • ID#: SB21197311
    Under Contract
    $895,000
    • 3
      BEDS
    • 0.04
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    Beautiful Live/Workspace in the iconic Old World Village. This turnkey gem will be delivered Completely tenant ready making it an ideal opportunity for an Owner/User play. With 2,688 Sq.Ft of rentable space, it is the largest Condominium in the community. The unit is ideally located directly across from the heart of the Village with tons of Restaurants and Retail. The top floor is a Spacious 3- Bd/2-Ba with over 1,300 Sq.Ft of livable space. Amenities to the top floor include A/C, Dishwasher, Washing Machine, and hook up in place to add in a dryer. In addition to plenty of parking for all condos, the property comes with a single garage that can be used for parking or storage. Market rents for 3-Bed units will rent out around $2,500 should the owner decide to add monthly income. Current owner pays $343 a/month for OA fee. The bottom floor is a Commercial space totaling nearly 1,400 Sq.Ft, which offers a Half Bath and separate storage space. At the back of the Commercial space is a quaint, private patio space enclosed greenery. The previous owner used the space as an art gallery but can be used creatively to the choice of the new owner. The Center Ave. Condo has great transit access, being conveniently located right off of the 405 Freeway. It is sandwiched right in between Golden West College and Bella Terra Mall, offering plenty of traffic. Beautiful Live/Workspace in the iconic Old World Village. This turnkey gem will be delivered Completely tenant ready making it an ideal opportunity for an Owner/User play. With 2,688 Sq.Ft of rentable space, it is the largest Condominium in the community. The unit is ideally located directly across from the heart of the Village with tons of Restaurants and Retail. The top floor is a Spacious 3- Bd/2-Ba with over 1,300 Sq.Ft of livable space. Amenities to the top floor include A/C, Dishwasher, Washing Machine, and hook up in place to add in a dryer. In addition to plenty of parking for all condos, the property comes with a single garage that can be used for parking or storage. Market rents for 3-Bed units will rent out around $2,500 should the owner decide to add monthly income. Current owner pays $343 a/month for OA fee. The bottom floor is a Commercial space totaling nearly 1,400 Sq.Ft, which offers a Half Bath and separate storage space. At the back of the Commercial space is a quaint, private patio space enclosed greenery. The previous owner used the space as an art gallery but can be used creatively to the choice of the new owner. The Center Ave. Condo has great transit access, being conveniently located right off of the 405 Freeway. It is sandwiched right in between Golden West College and Bella Terra Mall, offering plenty of traffic.

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    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
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    7561 Center Avenue Huntington Beach, CA 92647

    • Price: $895,000
    • Status: CONTINGENT
    • ID#: SB21197311
    3
    Beds
    0
    Baths
    0
    ½ Baths
    0.04
    Acres
    Neighborhood:
    Oc - Huntington Beach (92647)
    County:
    Orange
    Area:
    Oc - Huntington Beach (92647)
    Property Description
    Beautiful Live/Workspace in the iconic Old World Village. This turnkey gem will be delivered Completely tenant ready making it an ideal opportunity for an Owner/User play. With 2,688 Sq.Ft of rentable space, it is the largest Condominium in the community. The unit is ideally located directly across from the heart of the Village with tons of Restaurants and Retail. The top floor is a Spacious 3- Bd/2-Ba with over 1,300 Sq.Ft of livable space. Amenities to the top floor include A/C, Dishwasher, Washing Machine, and hook up in place to add in a dryer. In addition to plenty of parking for all condos, the property comes with a single garage that can be used for parking or storage. Market rents for 3-Bed units will rent out around $2,500 should the owner decide to add monthly income. Current owner pays $343 a/month for OA fee. The bottom floor is a Commercial space totaling nearly 1,400 Sq.Ft, which offers a Half Bath and separate storage space. At the back of the Commercial space is a quaint, private patio space enclosed greenery. The previous owner used the space as an art gallery but can be used creatively to the choice of the new owner. The Center Ave. Condo has great transit access, being conveniently located right off of the 405 Freeway. It is sandwiched right in between Golden West College and Bella Terra Mall, offering plenty of traffic. Beautiful Live/Workspace in the iconic Old World Village. This turnkey gem will be delivered Completely tenant ready making it an ideal opportunity for an Owner/User play. With 2,688 Sq.Ft of rentable space, it is the largest Condominium in the community. The unit is ideally located directly across from the heart of the Village with tons of Restaurants and Retail. The top floor is a Spacious 3- Bd/2-Ba with over 1,300 Sq.Ft of livable space. Amenities to the top floor include A/C, Dishwasher, Washing Machine, and hook up in place to add in a dryer. In addition to plenty of parking for all condos, the property comes with a single garage that can be used for parking or storage. Market rents for 3-Bed units will rent out around $2,500 should the owner decide to add monthly income. Current owner pays $343 a/month for OA fee. The bottom floor is a Commercial space totaling nearly 1,400 Sq.Ft, which offers a Half Bath and separate storage space. At the back of the Commercial space is a quaint, private patio space enclosed greenery. The previous owner used the space as an art gallery but can be used creatively to the choice of the new owner. The Center Ave. Condo has great transit access, being conveniently located right off of the 405 Freeway. It is sandwiched right in between Golden West College and Bella Terra Mall, offering plenty of traffic.
    Exterior Features

    Pool N/K Site Curbs

    Interior Features

    Stories 2 Story Total Baths Unit1 2 Total Baths Unit2 1

    Property Features

    Actual Cap Rate 4.0 Annual Expense Actual 14252 Buildings 1 Cfd Mello Roos Fee 757.0 Cfd Mello Roos Fee Reflects Year Gross Rent Multiplier Actual 17.32 Gross Scheduled Income Actual 51600 Terms Conventional Unit Number For Unit1 1 Unit Number For Unit2 2 Unit1 Rent Actual 2500.0 Unit2 Rent Actual 1800.0 Zoning Assessor

    Listing provided courtesy of Lyon Stahl Investment Real Estate, Inc.. Listing information © 2021 San Diego MLS Inc. Source: CRMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
     
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