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7871 Newman Avenue
Huntington Beach, CA 92647

$1,399,000 
  • -- Beds
  • -- Baths
  • 3,000 sqft
  • Residential Income
  • Active
7871 Newman Avenue, Huntington Beach - 576147953
7871 Newman Avenue, Huntington Beach - 576147954
7871 Newman Avenue, Huntington Beach - 576147955
7871 Newman Avenue, Huntington Beach - 576147956

Property Description for 7871 Newman Avenue, Huntington Beach CA 92647

Excellent income producing triplex plus 1 storage/studio. One 3 beds/1 bath and two 2 beds/1 bath and 1 storage that can be easily converted into a studio. All unit have laundry room and own backyard. New owner can easily raise rent to market level. Market rent for each unit should be $1,800. If storage convert into a studio then rent can be $1,000. ($76,800 per year). All rental are below market level. Current rent is $1,750, $1700, $1600, and $400 ($65,400 per year). Current owner only pay for water ($120 per month). Tenants pay all other utilities. Very convenience for renter as it is close to Walmart, banks, and hospital. Only 4 miles from the beach. This property have a huge lot, 9,000+ square foot. For showing please schedule it with the listing agent. Tenants are not aware of the sale. Any contact with tenant will remove you from offer consideration. Again, please do not try to contact any of the tenants. Showing will be provided after eligible offer have been received. All offer will be review. DRIVE BY ONLY PLEASE DO NOT DISTURB OCCUPANTS. PLEASE DO NOT WALK THE BUILDING

  • Property Class: Residential Income
  • Listing Status: Active
  • City: Huntington Beach
  • State: CA
  • Zip: 92647
  • Area: 14 - South Huntington Beach
  • County: Orange
  • Class: Residential Income
  • Stories: 1
  • Baths (F/H): -- / --
  • Baths Partial: 0
  • Living Area (SqFt): 3,000 sqft
  • Lot Sq Ft Apx: 9043.00
  • Year Built: 1963
  • Listing#: OC18214631
  • HOA Fee: 0.00
  • Parcel Number: 16531223
  • List Date: 9/2/2018
  • Last updated on: 10/15/2018

Property Features for 7871 Newman Avenue, Huntington Beach CA 92647

  • Parking Features: Assigned
  • Utilities Water: Well
  • Year Built: 1963
  • Community Features: Street Lighting
  • Lot Desc: 2-5 Units/Acre
  • Pool: None

Additional Information for 7871 Newman Avenue, Huntington Beach CA 92647

  • Expenses: 2440.00
  • Garage Style: Assigned
  • Gross Building Area: 3000.00
  • Gross Income: 62130.00
  • Net Income: 59690.00
  • Subdivision: Other (Othr)
Courtesy of Khoa Ha, Khoa Ha, Broker
Copyright 2018, California Regional Multiple Listing Service, Inc.. All Rights Reserved.
Based on information from California Regional Multiple Listing Service, Inc. 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.