$1,950,000
$2,250,999
13.4%For more information regarding the value of a property, please contact us for a free consultation.
0.46 Acres Lot
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
MLS Listing ID PW23179181
Sold Date 09/25/24
HOA Y/N No
Lot Size 0.458 Acres
Property Sub-Type Retail
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
Interior
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
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Ai Ngo First Team Real Estate
Nearby Locations
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "