CA > Huntington Beach
Huntington Beach, CA 92648,7681 Ellis AVE
Huntington Beach, CA 92648,7681 Ellis AVE
Huntington Beach, CA 92648,7681 Ellis AVE
Huntington Beach, CA 92648,7681 Ellis AVE
Huntington Beach, CA 92648,7681 Ellis AVE
Huntington Beach, CA 92648,7681 Ellis AVE
Natalie Miranda
Natalie Miranda

Marketing Director | License ID: 02122928

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$ 2,750,000

$ 2,845,000 3.3%

Est. payment | /mo

12 Beds

9 Baths

5,155 SqFt

$ 2,750,000

$ 2,845,000 3.3%

Est. payment | /mo

12 Beds

9 Baths

5,155 SqFt

Key Details

Sold Price $2,750,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

Square Footage 5,155 sqft

Price per Sqft $533

MLS Listing ID 24350231

Sold Date 09/09/24

Bedrooms 12

HOA Y/N No

Year Built 1964

Lot Size 6,098 Sqft

Property Description

We are pleased to present this turnkey 5 unit apartment community located in the heart of Huntington Beach, at an in-place 5.04% cap rate (proforma 5.12%) and 14.59 GRM. This asset comprises an attractive unit mix of two 3-Bed/2-Bath units (~1,100 SF each) & three 2-Bed/1.5-Bath townhomes (~990 SF each). The property - interior and exterior - has been upgraded and professionally designed over the course of the last ~12 months, including windows, kitchens, bathrooms, lighting, appliances (including laundry in each unit), flooring, exterior paint, lighting & landscaping, roof (2019), partial plumbing and electric. In addition, the property now boasts a spectacular ~1,100 SF 3-Bed/2-Bath ADU. Qualified, market-rate, long-term tenants in place, these units leased FAST due to exquisite exterior and interior design, amenities like brand new kitchens & baths, private outdoor spaces, in-unit laundry, AC (ADU), and townhome-style layouts (3 units). Separate gas and electrical meters for each unit. NO LOCAL RENT CONTROL - subject only to AB 1482. Four on-site parking spaces too. Located in prime Orange County in one of the strongest rental markets. Short distance to beaches, HB Pier, neighborhood shopping center, grocery stores, trails and more.

Location

State CA

County Orange

Area 15 - West Huntington Beach

Zoning R3

Interior

Interior Features Ceiling Fan(s)

Heating Combination

Fireplace No

Appliance Dishwasher, Gas Cooktop, Gas Oven, Microwave, Oven, Refrigerator, Dryer, Washer

Laundry Inside

Exterior

Parking Features Assigned

Total Parking Spaces 4

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 15905507

Special Listing Condition Standard

CRMLS – RECore
Listed by Noam Srolovitz Kape Property Management, Inc.
Bought with Rick Applebaum Morgan Skenderian

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agent
Natalie Miranda

Marketing Director | License ID: 02122928

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Phone*
Message
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7681 Ellis AVE