7761 Mandrell Drive, Huntington Beach, CA 92647

$1,750,000

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List Price
$1,750,000
Status
ACTIVE
MLS#
PW26220397
Year Built
1964
Lot Size
7,841
Acres
0.18
Lot Location
Front Yard, Lawn, Sprinkler System
Days on Market
1
Property Type
Multifamily
Property Sub Type
Apartment
Stories
Two Levels
Neighborhood
Unknown

Property Description

Discover this high quality fourplex featuring four spacious 2-bedroom, 2-bathroom apartments. The property offers a desirable unit configuration with two ground-floor residences and two upper-level residences, providing a functional layout for a variety of tenant needs. Conveniently located in close proximity to Oak View Elementary School, the property offers a location-oriented advantage for residents. The building has been exceptionally well maintained and has stable long term tenants. Parking is a valuable amenity, with four covered carport spaces and two additional parking spaces, offering a total of six parking spaces for the property. On site laundry facilities are also present. A compelling opportunity for investors seeking multifamily income potential in an established Orange County residential community. This multifamily property presents an excellent opportunity to add a four-unit asset to an investment portfolio in Huntington Beach.

Additional Information

Pool Description
None
Sewer
Public Sewer
Water
Public
Attached Structure
Detached
Number Of Units Total
4
Gross Scheduled Income
$112,080
Operating Expense
55187

Listing courtesy of Listing Agent: Reine Shih Briggs (reinebriggs@yahoo.com) from Listing Office: Pacific City Properties.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.