13504 sq ft lot - MLS# OC19027673
Sold
Sold for $2,850,000 on May 16, 2019
Description
2612 & 2616 England Street is an 8-unit multifamily investment opportunity located in Huntington Beach, California. The 7,724 square foot property consists of entirely two-bedroom floor plans measuring approximately 965 SF. Built in 1963, the property offers amenities including ample garage and open parking as well as an on-site laundry facility. Five of the eight units have been partially renovated. 2612 & 2616 England Street is located within walking distance of Newland Center, a 152,186-square foot shopping center and Seacliff Village Shopping Center, a 253,142-square foot retail center. The property is also less than two miles from Huntington Beach Pier, Pacific City, and Huntington Beach Downtown.
Features
- Property Type: Multi Family Home
- Sub Type: Multi Family Home
- Listing Status: Closed
- Listing Price: $2,900,000
- Zip Code: 92648
- Year Built: 1963
- Stories: Two
- Units: 8 units
- # of Parking Spaces: 8.00
- Lot Size: 13504 sq ft lot
- Area: 699 - Not Defined
- Average 2 Bed Area Units: Square Feet
- Average 3 Bed Area Units: Square Feet
- Average Studio Area Units: Square Feet
- Building Area Total: 7724.00
- Building Area Units: Square Feet
- Co-Listing Agent License: 01451551
- Co-Listing Office License: 00530854
- Community Features: Sidewalks
- Country: US
- Directions: Cross Streets: Beach Blvd / Yorktown Ave
- Electric Expense: 2548.00
- Fuel Expense: 2548.00
- Garage Spaces: 8.00
- Gross Income: 167071.00
- Gross Operating Income: 162096.00
- Gross Scheduled Income: 167071.00
- Insurance Expense: 2000.00
- Laundry Features: Community
- Laundry YN: Yes
- Listing Agent License: 01846649
- Listing Office License: 00530854
- Lot Features: Landscaped
- Lot Size Area: 0.3100
- Lot Size Source: Assessor
- Lot Size Units: Acres
- MLS: CRM
- Maintenance Expense: 4000.00
- Net Operating Income: 107478.00
- New Taxes Expense: 34183.00
- Number Of Buildings: 2
- Number Of Units Leased: 8
- Operating Expense: 54618.00
- Other Expense: 4240.00
- Other Expense Description: Other
- Selling Agent: Matthew Hoyt
- Selling Agent License: 01426139
- Selling Office: Hoyt Real Estate, Inc.
- Selling Office License: 01948246
- Sewer: Public Sewer
- Stories Total: 2
- Total Actual Rent: 13820.00
- Total Expenses: 54618.00
- Trash Expense: 2548.00
- Water Sewer Expense: 2548.00
- Water Source: Public
- Year Built Source: Assessor
- Sold Price: 2850000.00
- Sold Date: 2019-05-16
Based on information from California Regional Multiple Listing Service, Inc. as of 2019-08-23. 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.
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