7871 Newman Avenue Unit 4 Huntington Beach, CA 92647
Excellent income producing triplex plus 1 storage/studio. One 3 beds/1 bath and two 2 beds/1 bath and 1 storage that can be easily converted into a studio. All unit have laundry room and own backyard. New owner can easily raise rent to market level. Market rent for each unit should be $1,800. If storage convert into a studio then rent can be $1,000. ($76,800 per year). All rental are below market level. Current rent is $1,750, $1700, $1600, and $400 ($65,400 per year). Current owner only pay for water ($120 per month). Tenants pay all other utilities. Very convenience for renter as it is close to Walmart, banks, and hospital. Only 4 miles from the beach. This property have a huge lot, 9,000+ square foot. For showing please schedule it with the listing agent. Tenants are not aware of the sale. Any contact with tenant will remove you from offer consideration. Again, please do not try to contact any of the tenants. Showing will be provided after eligible offer have been received. All offer will be review. DRIVE BY ONLY PLEASE DO NOT DISTURB OCCUPANTS. PLEASE DO NOT WALK THE BUILDING, Directions South
Interior Features Include:No Information Available.
Exterior Features Include:
Acreage: 0.2100 Acres
Description 2-5 Units/Acre
Square Feet 9043
Other Features Include:
Subdivision: Other (OTHR)
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