$5,250,000
$5,250,000
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SOLD DATE : 12/07/2016
Key Details
Sold Price $5,250,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Goldenwest Park (Gwpk)
MLS Listing ID OC16186094
Sold Date 12/07/16
Construction Status Building Permit,Repairs Cosmetic
HOA Y/N No
Year Built 1987
Property Description
Trophy asset, possible condo conversion, repositioning opportunity in a prestigious Huntington Beach location .Infill area between emerging remodel Condo/Apt. and new high-end Class A development. Located within walking distance of Bella Terra center and other high traffic retail centers at Junction of 405 FWY, Beach Blvd & Edinger Avenue. ALL units are Months to Months rent . Current CAP is 4.02% ( Long term Tenants) with market Proforma CAP of about 6.37%. Per seller information project may have been built per Condo standard in 1987, Buyer to Verify all information from public agencies.
Location
State CA
County Orange
Area 17 - Northwest Huntington Beach
Interior
Interior Features Balcony, Ceramic Counters, High Ceilings, Living Room Deck Attached, Pantry, Storage, Tile Counters, Unfurnished
Heating Forced Air
Flooring Carpet, Tile, Vinyl
Fireplaces Type Bath, Den, Dining Room, Electric, Family Room, Gas, Kitchen, Living Room, Primary Bedroom, Outside
Fireplace Yes
Appliance Built-In Range, Dishwasher, Electric Oven, Disposal, Gas Range, Gas Water Heater
Laundry Common Area
Exterior
Exterior Feature Rain Gutters
Parking Features Assigned, Door-Multi, Direct Access, Door-Single, Garage, Public, One Space, On Street, Storage, Unassigned
Garage Spaces 24.0
Carport Spaces 4
Garage Description 24.0
Fence Good Condition, Wood
Pool None
Community Features Curbs, Gutter(s), Storm Drain(s), Street Lights, Sidewalks, Marina
Utilities Available Cable Available, Natural Gas Available, Phone Connected, Sewer Available, Sewer Connected, Underground Utilities, Water Connected
Roof Type Composition
Accessibility Accessible Hallway(s)
Total Parking Spaces 28
Private Pool No
Building
Lot Description 16-20 Units/Acre, Sprinkler System, Street Level
Story 2
Entry Level Two
Foundation Slab
Water Public
Level or Stories Two
Construction Status Building Permit,Repairs Cosmetic
Others
Senior Community No
Tax ID 14208309
Security Features Fire Detection System,Fire Sprinkler System,Resident Manager,Smoke Detector(s)
Acceptable Financing Cash, Submit
Listing Terms Cash, Submit
Financing Conventional
Special Listing Condition Standard
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Bought with Benjamin J. Hsiang • Remax Commercial and Investmen
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "