2501 Florida Street, Huntington Beach, CA 92648
- $3,100,000
- Sold Price
- $3,100,000
- List Price
- $3,195,000
- Closing Date
- Mar 07, 2025
- Status
- CLOSED
- MLS#
- OC24185301
- Year Built
- 1977
- Lot Size
- 9,472
- Acres
- 0.22
- Lot Location
- Corner Lot
- Days on Market
- 148
- Property Type
- Multifamily
- Property Sub Type
- Apartment
- Stories
- Two Levels
- Neighborhood
- Yorktowne (York)
Property Description
Florida Street Townhomes is a 6-unit value-add investment opportunity with projected obtainable rental upside. The property has undergone a partial renovation including interiors along with recent exterior woodwork, paint and roof. Florida features strong in-place cashflow with upside as neighboring property (directly adjacent property) has proven market rents. The residents of Florida Street enjoy access to world class beaches, entertainment venues and easy access to the top employment centers in Southern California. The property is comprised of large (1) one bedroom, one-bath, (1) two-bedroom, two-bath, (3) two-bedroom, two and one half bath townhomes, and (1) three-bedroom, two and one half bath townhome. The units are 1,100 SQFT on average. The property has 11 total garage spaces, ten of which are direct access. Partial interior renovation includes, quartz/granite counters, upgraded cabinets, stainless appliances, dishwashers, tile and vinyl plank flooring, and side by side washer/dryers. Each unit features an enclosed patio or exterior balcony, the three bedroom unit includes both.
/u.realgeeks.media/ericengelbert/Realtor-Orange-County.png)
Additional Information
- Appliances
- Dryer, Washer
- Pool Description
- None
- Garage Spaces Total
- 11
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 6
- Gross Scheduled Income
- $210,984
- Operating Expense
- 57749
Listing courtesy of Listing Agent: Peter Hauser (phauser@northmarq.com) from Listing Office: NorthMarq Realty Services, Inc.
Listing sold by Peter Hauser from NorthMarq Realty Services, Inc
Mortgage Calculator
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.