319 6th Street, Huntington Beach, CA 92648

$2,700,000

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Sold Price
$2,700,000
List Price
$2,800,000
Closing Date
Dec 13, 2023
Status
CLOSED
MLS#
PW23215987
Year Built
1970
Lot Size
5,750
Acres
0.13
Lot Location
6-10 Units/Acre
Days on Market
10
Property Type
Multifamily
Property Sub Type
Apartment
Stories
Two Levels

Property Description

Welcome to 319 6th Street in the heart of Surf City USA, Huntington Beach. This is the fi st time in over 50 years that this building has been listed for sale. It's located 3-blocks to the sand and just a few steps from Main Street shopping and dining. The building offers investors an opportunity at 50%+ rent upside from the current rents with interior and exterior renovations. The community is comprised of five (5) 1-Bedroom/1-Bathroom units and one (1) 2-Bedroom/1-Bathroom unit with an average unit size of over 740 sq. ft . All of the units also have private patios or balconies, and tenants have access to on-site laundry facilities. There is a community courtyard and ample off-street parking, including six(6) single-car garages. This is an opportunity that you do not want to miss out on!

Additional Information

Pool Description
None
Garage Spaces Total
6
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
6
Gross Scheduled Income
$126,240
Operating Expense
49944

Listing courtesy of Listing Agent: Nick Gould (ng@morganskenderian.com) from Listing Office: Morgan Skenderian.

Listing sold by General NONMEMBER from NONMEMBER MRML

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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.