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Key Details
Sold Price $5,250,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Goldenwest Park (Gwpk)
MLS Listing ID OC16186094
Year Built 1987
Property Description
Trophy asset, possible condo conversion, repositioning opportunity in a prestigious Huntington Beach location .Infill area between emerging remodel Condo/Apt. and new high-end Class A development. Located within walking distance of Bella Terra center and other high traffic retail centers at Junction of 405 FWY, Beach Blvd & Edinger Avenue. ALL units are Months to Months rent . Current CAP is 4.02% ( Long term Tenants) with market Proforma CAP of about 6.37%. Per seller information project may have been built per Condo standard in 1987, Buyer to Verify all information from public agencies.
Location
State CA
County Orange
Area 17 - Northwest Huntington Beach
Interior
Heating Forced Air
Flooring Carpet, Tile, Vinyl
Fireplaces Type Bath, Den, Dining Room, Electric, Family Room, Gas, Kitchen, Living Room, Primary Bedroom, Outside
Laundry Common Area
Exterior
Exterior Feature Rain Gutters
Parking Features Assigned, Door-Multi, Direct Access, Door-Single, Garage, Public, One Space, On Street, Storage, Unassigned
Garage Spaces 24.0
Garage Description 24.0
Fence Good Condition, Wood
Pool None
Community Features Curbs, Gutter(s), Storm Drain(s), Street Lights, Sidewalks, Marina
Utilities Available Cable Available, Natural Gas Available, Phone Connected, Sewer Available, Sewer Connected, Underground Utilities, Water Connected
Roof Type Composition
Building
Lot Description 16-20 Units/Acre, Sprinkler System, Street Level
Story 2
Foundation Slab
Water Public
Others
Acceptable Financing Cash, Submit
Listing Terms Cash, Submit
Special Listing Condition Standard
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Bought with Benjamin J. Hsiang • Remax Commercial and Investmen