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1401 Olive , Huntington Beach, CA 92648
Priced at Only: $4,195,000
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Address: 1401 Olive , Huntington Beach, CA 92648
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  • MLS#: PW26018299 ( Commercial/Residential )
  • Street Address: 1401 Olive
  • Viewed: 3
  • Price: $4,195,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1964
  • Bldg sqft: 0
  • Days On Market: 7
  • Additional Information
  • County: ORANGE
  • City: Huntington Beach
  • Zipcode: 92648
  • Provided by: Morgan Skenderian
  • Contact: Damien Damien
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Pleased to present 1401 Olive Avenue, an immaculate six unit trophy asset located in the highly desirable downtown coastal district of Huntington Beach. Just moments from the sand and within close proximity to Main Street, Pacific City, and the citys renowned beachfront amenities, this offering provides investors with a rare opportunity to acquire a truly turn key property in one of Orange Countys most sought after rental markets. The building is comprised entirely of spacious two bedroom units, including four townhouse style 2BR/2BA floorplans and two 2BR/1BA units, all of which have been extensively renovated with high end finishes. The upgraded interiors feature contemporary design elements, modern kitchens and baths, premium materials, and efficient layouts that appeal to todays discerning renters. The exterior and common areas reflect the same level of care, resulting in a clean, well maintained environment that enhances long term tenant demand.
Features
Assessments
  1. Special Assessments
Building Area Total
  1. 5876.00
Commoninterest
  1. None
Common Walls
  1. 2+ Common Walls
  2. End Unit
Country
  1. US
Electric Expense
  1. 2350.00
Fuel Expense
  1. 2350.00
Garage Spaces
  1. 6.00
Gardner Expense
  1. 2800.00
Insurance Expense
  1. 5671.00
Laundry Features
  1. Inside
Levels
  1. Two
Lot Features
  1. Corner Lot
Netoperatingincome
  1. 179577.00
Newtaxesexpense
  1. 47767.00
Otherexpense
  1. 1000.00
Otherexpensedescription
  1. misc
Parcel Number
  1. 02403107
Pool Features
  1. None
Professionalmanagementexpense
  1. 0.00
Property Type
  1. Commercial/Residential
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 455384381:CRM
Taxblock
  1. 214
Totalactualrent
  1. 22030.00
Totalexpenses
  1. 76852.00
Trash Expense
  1. 2350.00
Uncovered Spaces
  1. 3.00
Vacancyallowance
  1. 7930
Water Sewer Expense
  1. 2350.00
Water Source
  1. Public
Year Built
  1. 1964
Year Built Source
  1. Assessor
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Fax: 714.975.9953
  5. Mobile: 714.478.6676
  6. salesbyxavier@gmail.com
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