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4 Units Huntington Beach
17142 Emerald Lane, Huntington Beach, CA 92647
N/A
4
3,674 SF
Multifamily
Garden/Low-Rise
Investment
3%
5.20%
100%
2
1963
8,129 SF
-
Last Verified 4/22/2010
Listing ID 16450471
Highlights
RENTAL UPSIDE- OWNED LAUNDRY MACHINES
- ABSENTEE SELLER
- VALUE ADD
- ACROSS FROM A SCHOOL
- CORNER LOT/GARAGES
Description
Marcus & Millichap is pleased to exclusively offer for sale a four-unit apartment property located in the very desirable rental market of Huntington Beach.
Separately metered for both gas and electric, the subject property boasts a unique layout of one single-story and one two-story garden-style building, affording a low-density environment that alleviates the myriad of problems associated with sharing several walls with other tenants. The spacious units feature wall A/C, heating, and kitchen ceiling fans. Garage parking is located in the rear and one on-site laundry room for the convenience of the tenants. In addition, the property has a laundry room with owner-owned machines which will help ensure strong cash flow to a new owner.
Priced attractively at just $785,000 and $213.66 per square foot, the subject property is positioned to generate substantial interest from prospective investors looking for a "bite-size" opportunity, because of the attractive available financing available in today's marketplace.
CLOSE TO SCHOOLS,SHOPS,FREEWAYS,BEACH
Map of 17142 Emerald Lane, Huntington Beach, CA 92647 (Orange County)
Created 10/28/2009
Additional Information for 17142 Emerald Lane, Huntington Beach, CA 92647
View the Property Record for this address to access additional information such as historical listings, property details, tax details, owners, mortgages, tenants, and more.
The information above has
been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified
it and make no guarantee, warranty or representation about it. It is your responsibility to independently
confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are
for example only and do not represent the current or future performance of the property. The value of
this transaction to you depends on tax and other factors which should be evaluated by your tax, financial,
and legal advisors. You and your advisors should conduct a careful, independent investigation of the
property to determine to your satisfaction the suitability of the property for your needs. TB-P