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Huntington Beach, CA 92647,7731 Slater AVE
Huntington Beach, CA 92647,7731 Slater AVE
Huntington Beach, CA 92647,7731 Slater AVE
$1,400,000
Est. payment /mo
$1,450,000
3.4%
Est.Price: ?

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6,011 Sqft Lot
SOLD DATE : 01/02/2024

Key Details

Sold Price $1,400,000

Property Type Condo

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PW23214682

Year Built 1964

Lot Size 6,011 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

Area 699 - Not Defined

Interior

Laundry Common Area

Exterior

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Sidewalks

Building

Lot Description Rectangular Lot

Story 1

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Chris Keramati • Triqor Group • chris@triqorgroup.com
Bought with Chris Keramati • Triqor Group
Devone Richard

Broker | License ID: 1002115

+1(626) 500-1212 | devone@nextadvisors.properties

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