$1,400,000
$1,450,000
3.4%For more information regarding the value of a property, please contact us for a free consultation.
7731 Slater AVE Huntington Beach, CA 92647
3,186 SqFt
Key Details
Sold Price $1,400,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 3,186 sqft
Price per Sqft $439
MLS Listing ID PW23214682
Sold Date 01/02/24
HOA Y/N No
Year Built 1964
Lot Size 6,011 Sqft
Acres 0.138
Property Description
We are pleased to present the Slater Property located in Huntington Beach. This value-add fourplex is situated on a major thoroughfare, Slater Avenue, giving the property high visibility and easy accessibility, ensuring a consistent flow of potential tenants. The single-story property comprises all 2-bedroom 1-bath units, each equipped with garages, laminate wood flooring (3/4 units), and dual-pane windows. The building also features a laundry facility, a recently replaced roof with a 10-year warranty, and individual meters for electricity and gas. Overall, this value-add investment offers over 40% upside in rental income with a solid foundation to achieve market rents while incurring low costs.
Location
State CA
County Orange
Area 699 - Not Defined
Rooms
Ensuite Laundry Common Area
Interior
Laundry Location Common Area
Fireplace No
Laundry Common Area
Exterior
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Sidewalks
Total Parking Spaces 4
Private Pool No
Building
Lot Description Rectangular Lot
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 16524101
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
Special Listing Condition Standard
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Bought with Chris Keramati • Triqor Group
The Wilkas Group - Lenore & Alexander Wilkas
Real Estate Advisors | License ID: 01343201 & 01355442