21782 Brookhurst Avenue, Huntington Beach, CA 92646
- $2,050,000
- Sold Price
- $2,050,000
- List Price
- $2,275,000
- Closing Date
- Oct 12, 2023
- Status
- CLOSED
- MLS#
- PW23099178
- Year Built
- 1979
- Lot Size
- 6,321
- Acres
- 0.15
- Lot Location
- 6-10 Units/Acre, Value In Land
- Days on Market
- 115
- Property Type
- Multifamily
- Property Sub Type
- Apartment
- Stories
- Two Levels
- Neighborhood
- N/A
Property Description
Coastal apartments have always been in high demand. They offer tenants a timeless beach living experience and they offer investors an effective hedge against changing markets. 21782 Brookhurst is no exception and presents an exceptional value-add opportunity to capitalize on the competitive rental submarket in Huntington Beach. Featuring all 2-bedroom 2-bath units, the property is situated less than a mile north of Pacific Coast Highway, providing ample potential for high income and steady, long-term appreciation. In addition, Surf City is known for its landlord-friendly legislation. The city charter prevents rent control, ensuring that an investor can not only make money in equity, but also “ride the wave”of one of the strongest rental markets in Orange County.
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Additional Information
- Pool Description
- None
- View
- Back Bay, Water
- Roof
- Mansard
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 5
- Gross Scheduled Income
- $116,700
- Operating Expense
- 49753
Listing courtesy of Listing Agent: Justin White (thesbgbp@gmail.com) from Listing Office: Justin White.
Listing sold by Justin White from Justin White
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.