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Listing 2 out of 50
$2,850,000 For Sale

112 7th Street
Huntington Beach, CA 92648

10 units | Multi Family Home
5798 sq ft - MLS# OC19054345
Property Photo
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Description

Beach View Apartments- 10 Beachfront Cottages in Huntington Beach- Adjacent to the Pier and Downtown Commercial Area. Prime location. Older Cottage Style units- all ground level. Hardwood floors, tile baths and kitchens. Clean and presentable. Rents are low and units are in high demand. Utilities are paid by Owner. Some units are furnished or for use by family members. Perfect for Long Term Investment or 1031 upleg. No off street parking.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • Zip Code: 92648
  • Year Built: 1921
  • Subdivision/Neighborhood: Downtown Area (Down)
  • Style: Bungalow
  • Stories: One
  • Units: 10 units
  • Lot Size: 5798 sq ft
  • View: Ocean, Yes
  • Waterfront: Across the Road from Lake/Ocean,Beach Access,Waterfront With Home Across Road
  • Area: 15 - West Huntington Beach
  • Appliances: Gas Oven, Gas Range
  • Appliances YN: Yes
  • Average 1 Bed Area: 400
  • Average 2 Bed Area: 400
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Average Studio Area: 300
  • Average Studio Area Units: Square Feet
  • Building Area Total: 3960.00
  • Building Area Units: Square Feet
  • Cap Rate: 3.70
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Community Features: Street Lighting, Suburban
  • Construction Materials: Stucco
  • Country: US
  • Direction Faces: Northwest
  • Directions: PCH, 7th st
  • Door Features: Panel Doors
  • Electric: Electricity - On Property, Standard
  • Electric Expense: 2669.00
  • Elevation: 10
  • Entry Level: 1
  • Entry Location: 1
  • Fence YN: Yes
  • Fencing: Wood
  • Flooring: Wood
  • Foundation Details: Concrete Perimeter
  • Fuel Expense: 1606.00
  • Gardener Expense: 495.00
  • Gross Income: 170446.00
  • Gross Multiplier: 16.70
  • Gross Operating Income: 165333.00
  • Gross Scheduled Income: 170446.00
  • Gross Spendable Income: 20016.00
  • Heating: Wall Heater
  • Heating YN: Yes
  • Insurance Expense: 2115.00
  • Interior Features: Ceramic Counters
  • Laundry Equipment Own Lease: Lease
  • Laundry Features: Community, Dryer Included, Individual Room, Washer Included
  • Laundry Income: 600.00
  • Laundry YN: Yes
  • Listing Agent License: 00586443
  • Listing Office License: 00745605
  • Lot Dimensions: 50 x 115
  • Lot Features: Level with Street, Near Public Transit
  • Lot Size Area: 5800.0000
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • MLS: CRM
  • Maintenance Expense: 8500.00
  • Maintenance Percent: 5.00
  • Net Operating Income: 106536.00
  • New Taxes Expense: 32775.00
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 10
  • Number With Carpet: 10
  • Number With Drapes: 10
  • Number With Range: 10
  • Number With Refrigerator: 10
  • Operating Expense: 58797.00
  • Operating Expense Percent: 35.50
  • Parking Features: Unassigned
  • Parking YN: Yes
  • Pest Control Expense: 791.00
  • Property Attached YN: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Alley Paved, Paved
  • Roof: Composition
  • Security Features: Fire and Smoke Detection System
  • Sewer: Public Sewer
  • Stories Total: 1
  • Total Actual Rent: 14254.00
  • Total Expenses: 58797.00
  • Trash Expense: 1460.00
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Connected, Water Connected
  • Water Sewer Expense: 3386.00
  • Water Source: Public
  • Year Built Source: Assessor
Courtesy of Seven Gables Real Estate, Keith Wichner

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Michael Call
Michael Call Realty

18682 Beach Blvd. #165
Huntington Beach, CA 92663
Phone: 714-791-1102
Email: onecall4all1@verizon.net
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Testimonials

"It is my pleasure to write this letter of recommendation for our realtor Mr. Michael Call. Michael was instrumental in helping us purchase a new home in Huntington Beach, California. Michael is from Huntington Beach and he possesses extensive knowledge of the neighborhoods and schools in Huntington Beach as well as in many of the surrounding cities. Having come from Phoenix Arizona, we had no idea which neighborhood would work best for our family, but Michael took the time to show us several great family neighborhoods with amazing schools. He also showed us many homes in these areas, but never rushed us. Instead he carefully listened to what we liked and disliked from each of those homes until he was able to find us the perfect home. In fact, it was Michael’s history as a great realtor in Huntington Beach that helped us locate our new home. Michael is well organized, creative, and he is constantly looking for ways to help his clients find the home of their dreams. With all of his real estate skills and knowledge however, Michael’s greatest assets are that he is patient, thoughtful, a great listener, and an advocate for his clients. He is the only realtor that I have worked with who took the time to call the home warranty company when our furnace stopped working and he personally saw to it that we were reimbursed for repairing the furnace. Michael has an excellent understanding of real estate practices in California. Michael has impeccable character; he is intelligent, honest and extremely hard working. It is my opinion that Michael Call is a person who is very proactive, and he has the ability to help you find and purchase an amazing home. It has been a wonderful experience to work with Michael Call and I will not hesitate to recommend him to others looking for a new home in Southern California." Cean R. Colcord Ph. D.
"Michael Call did an excellent job selling our home. He came to look at the home before it went on market, made recommendations which we followed through with and within that week of listing we had an offer. Once the process began, Michael was very diligent in tracking all aspects of the sale. He made sure all items got into escrow, let us know when items where due and followed up quickly on any questions or requests that were made. He continually checked in with us to make sure the process was going smoothly. Michael always responded to any email and/or voice mail that was sent very quickly. We highly recommended using Michael for your home purchase or sale, knowing he will do an excellent job for you." Danielle & Greg Winchell
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Michael Call | 714-791-1102 | Contact Me
18682 Beach Blvd. #165 - Huntington Beach, CA 92648
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