7721 Ellis AVE Huntington Beach, CA 92648
Active
$2,375,000
4 Units
9 Beds
8 Baths
4,069 Area(sq.ft.)
6,098 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 3 | 2 | No | $ 2,100 | $ 2,100 | $ 2,850 |
| Unit 2 | 1 | 2 | 2 | No | $ 1,900 | $ 1,900 | $ 2,600 |
| Unit 3 | 1 | 2 | 2 | No | $ 1,900 | $ 1,900 | $ 2,600 |
| Unit 4 | 1 | 2 | 2 | No | $ 1,900 | $ 1,900 | $ 2,600 |
| 4 | 4 | 9 | 8 | $ 7,800 | $ 7,800 | $ 10,650 |
| MLS #: | PW24109965MR |
| Days On Market: | 123 |
| County: | Orange County |
| Property Type: | Residential Income |
| Price per ft2: | $ 584 |
| Price per unit: | $ 593,750 |
| Year Built: | 1964 |
Property Details
Clean well maintained 4 plex. Subject to 1031 completion of a 1031 Tax. deffered exchange along with 7711 Ellis at no expense to buyer. Appx. 3 miles to Pacific ocean. Town house type units. Laundry equipment owned by owners. Sep. Wtr heaters, gas, elec. Laundry equipment seller owned will transfer. All units have garage. Painting just completed. Long term tenants could be +- 4.5 Cap rate at Market rents.Interested in this Listing?
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Income Details
| Rent Control: | False |
| Gross Operating Income: | $ 91,728 |
| Total Annual Expense: | $ 43,062 |
| Net Operating Income: | $ 59,624 |
| Actual Gross Rent: | $ 1,900 |
Structure
| Community Features: | Biking, Curbs, Golf, Hiking, Gutters |
| Sewer: | Public Sewer |
| Water: | Public |
Land & Parking
| Land Lease Type: | Fee |
Interior
| Cooking Appliances: | Range |
| AC/Cooling: | None |
| Equipment: | Room |
| Heating: | None |
| Fireplace Rooms: | None |
| Laundry: | Room |
Exterior
| Pool: | No |
| Roof: | Composition |
Detailed Map
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