8071 Garfield, Huntington Beach, CA 92646

$16,125,000

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List Price
$16,125,000
Status
ACTIVE
MLS#
OC26189867
Year Built
1988
Lot Size
49,245
Acres
1.13
Lot Location
31-35 Units/Acre, Sprinklers In Front, Lawn, Sprinklers On Side
Days on Market
1
Property Type
Multifamily
Style
Contemporary
Property Sub Type
Apartment
Stories
Three Or More Levels
Neighborhood
N/A

Property Description

This 34-unit split-level complex located off Beach and Garfield is an excellent investment opportunity for an intermediate to advanced buyer. The complex is split between two buildings: 8071 with 16 units (seven one-bedrooms, eight two-bedrooms, and one three-bedroom) and 8081 with 18 units (eight one-bedrooms, nine two-bedrooms, and one three-bedroom). One-bedroom units come standard with one and a half baths; two-bedroom and three-bedroom units come with two and a half baths. Each unit is separately metered for gas and electric, and the owner pays for water. Each unit has hookups for a stackable washer dryer. The complex includes 44 garages (21 in 8071 and 23 in 8081) as well as 25 uncovered parking spaces.

Additional Information

Appliances
Dishwasher, Disposal, Gas Range, Water Heater
Pool Description
None
Heat
Forced Air, Heat Pump
Cooling Description
None
View
None
Roof
Composition
Garage Spaces Total
44
Sewer
Public Sewer
Water
Public
Interior Features
All Bedrooms Up, Walk-In Closet(s)
Attached Structure
Attached
Number Of Units Total
34
Gross Scheduled Income
$961,080
Operating Expense
110451

Listing courtesy of Listing Agent: Robert Ludwick (robertludwick4homes@gmail.com) from Listing Office: American Realty Services.

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.