$1,950,000
$2,250,999
13.4%For more information regarding the value of a property, please contact us for a free consultation.
5,500 SqFt
SOLD DATE : 09/25/2024
Key Details
Sold Price $1,950,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 5,500 sqft
Price per Sqft $354
MLS Listing ID PW23179181
Sold Date 09/25/24
HOA Y/N No
Lot Size 0.458 Acres
Acres 0.458
Property Description
Ownership Type: Leasehold ( Land Lease), Expiration Year: 2065. Rarely on market. 100% Tenants Occupied. Current Lease $21,061/mo. CAP RATE 6%. Prime investment opportunity of a Commercial/Retail building right in a busy business area of Huntington Beach. The building has been well maintained. With only few miles to PCH, the iconic Huntington Beach Pier, this 4-unit building truly is perfect for investor. This building is in neighbor with Wal-Mart, KFC, In-and-Out Burger…and many more. This retail center offers plenty of parking spaces and great visibility for any kind of business with tons of traffics daily. Property name consists of one (1) Parcel APN: 988-481-09. . . Building size is approximately 5,500 sqft. Lot is approximately 19,950 sqft. Must come and see to appreciate the endless potential this Commercial/Retail building can bring to you.
Location
State CA
County Orange
Area 699 - Not Defined
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Fireplace No
Laundry None
Building
Lot Description 2-5 Units/Acre
Story 1
Water Public
Others
Tax ID 98848109
Financing Cash
Special Listing Condition Standard
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Bought with Ai Ngo • First Team Real Estate
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