18652 Libra Cir Huntington Beach, CA 92646
Active
$2,250,000
4 Units
0 Beds
7 Baths
3,795 Area(sq.ft.)
8,030 Lot Size(sq.ft.)
Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
---|---|---|---|---|---|---|---|
Unit 1 | 1 | 1 | 1 | No | $ 1,800 | $ 21,600 | $ 25,200 |
Unit 2 | 2 | 2 | 2 | No | $ 2,150 | $ 51,600 | $ 60,000 |
Unit 3 | 1 | 3 | 2 | No | $ 2,795 | $ 33,540 | $ 42,000 |
3 | 4 | 8 | 7 | $ 8,895 | $ 158,340 | $ 187,200 |
MLS #: | 24-469681 |
Days On Market: | 8 |
County: | Orange County |
Property Type: | Residential Income |
Price per ft2: | $ 593 |
Price per unit: | $ 562,500 |
Year Built: | 1977 |
Property Details
Located in Huntington Beach, one of the best rental markets of Southern California, 18652 Libra Circle is a fourplex multifamily investment opportunity. The value-add property has an attractive unit mix consisting of one-, two- and three-bedroom floorplans. Recent renovations include all flat roofs replaced in 2024. The property offers a single-story "owner's" unit at the front of the building and well-parked with a 1:1 parking space to bedroom ratio.Interested in this Listing?
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Income Details
Vacancy Rate: | 3% |
Gross Operating Income: | $ 107,078 |
Total Annual Expense: | $ 37,990 |
Net Operating Income: | $ 66,088 |
Gross Annual Income: | $ 107,280 |
Gross Rent Multiplier: | 20.97 |
Structure
Type of Units: | Apartments |
Buildings: | 1 |
Levels: | Two |
Land & Parking
Parking Garage: | Garage, Uncovered |
Interior
AC/Cooling: | Other |
Equipment: | None |
Heating: | Other |
Exterior
Detailed Map
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