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17125 4th Street

Sunset Beach, CA 90742
  • $2,150,000
  • STATUS: Active
  • ON SITE: 291 Days
  • ID#: PW24034979
UPDATED: 48 min ago
$2,150,000
  • 0
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1947
County:

School Ratings & Info

Listing Agent(s): Dave Chamberlain of Team Chamberlain Realty Exe. (714-875-5330)


Description

Great Investment Opportunity in Sunset Beach! Great Financial Numbers! Two Unit Income Producing Property Steps from the Sand and Surf! Downstairs Unit Consists of a Permitted and Thriving Weekly Rental Unit, and is a 2 Bedroom, 1.5 Bathroom, with a Large Dining/Living Room, Patio and Free Standing Studio with Shower and Sink, Long Driveway and Single Car Garage! Spacious 1 Bedroom, 1 Bathroom Upstairs Apartment is Currently Rented Month to Month for Continuous Year Long Income. Use One Residence and Rent the Other! Playground and Park Across the Street on Greenbelt/Medium, Bolsa Chica with Fire Pits a Short Walk Away, and Walk to Many of the Local Restaurants Nearby! All Financial Information is Based on Realistic Projections of 75% Occupancy at $400/Day for the Weekly Rental, and $3,200/mo. for the Monthly Rental. Price Includes Approved Plans for Two Spectacular Townhomes with Rooftop Decks and Fantastic Views!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-12-09T07:26:05.95. 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 deemed reliable but is not guaranteed accurate by the MLS or CFC Realty, Inc. Licensed in the State of California, USA.
www.cfc-realty.com/homes/147808954
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17125 4th Street Sunset Beach, CA 90742

  • Price: $2,150,000
  • Status: Active
  • On Site: 291 Days
  • Updated: 48 min ago
  • ID#: PW24034979
0
Beds
0
Baths
0
½ Baths
0.06
Acres
1947
Built
Neighborhood:
Sunset Beach (Sunb)
County:
Orange
Area:
17 - Northwest Huntington Beach
Property Description
Great Investment Opportunity in Sunset Beach! Great Financial Numbers! Two Unit Income Producing Property Steps from the Sand and Surf! Downstairs Unit Consists of a Permitted and Thriving Weekly Rental Unit, and is a 2 Bedroom, 1.5 Bathroom, with a Large Dining/Living Room, Patio and Free Standing Studio with Shower and Sink, Long Driveway and Single Car Garage! Spacious 1 Bedroom, 1 Bathroom Upstairs Apartment is Currently Rented Month to Month for Continuous Year Long Income. Use One Residence and Rent the Other! Playground and Park Across the Street on Greenbelt/Medium, Bolsa Chica with Fire Pits a Short Walk Away, and Walk to Many of the Local Restaurants Nearby! All Financial Information is Based on Realistic Projections of 75% Occupancy at $400/Day for the Weekly Rental, and $3,200/mo. for the Monthly Rental. Price Includes Approved Plans for Two Spectacular Townhomes with Rooftop Decks and Fantastic Views!
Exterior Features

Architectural Style Cottage Entry Level 1 Entry Location Through Patio Fencing Vinyl Lot Features 0-1 Unit/AcreCorner LotNear ParkNear Public Transit Number Of Separate Electric Meters 2 Parking Features ConcreteDoor-SingleDrivewayGarageGarage Faces Side Parking Total 2 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Paved Roof Composition Spa Features None Spa YN No View Park/GreenbeltPeek-A-Boo View YN Yes Waterfront Features Beach AccessOcean Access

Interior Features

Appliances DishwasherDisposalGas RangeMicrowaveRefrigeratorWater Heater Common Walls 1 Common Wall Cooling None Cooling YN No Door Features Mirrored Closet Door(s) Fireplace Features Living Room Fireplace YN Yes Heating Floor Furnace Heating YN Yes Interior Features Beamed CeilingsGranite CountersOpen FloorplanBedroom on Main Level

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Cable Tv Expense 600 Cap Rate 4.64 Common Interest None Community Features Street LightsSuburbanPark Contingency Buyer to cooperate with Seller 1031 exchange at no cost or liability. Disclosures Death On Property < 3 yrs Electric Expense 1800 Fuel Expense 360 Garage YN Yes Gross Income 147900 Gross Scheduled Income 147900 Insurance Expense 1200 Land Lease YN No Laundry Features Inside Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New LoanConventional Maintenance Expense 600 Net Operating Income 125286 New Construction YN No Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Operating Expense 22614 Property Condition Turnkey Property Sub Type Duplex Rent Control YN Yes Security Features Carbon Monoxide Detector(s)Smoke Detector(s) Senior Community YN No Sewer Public SewerSewer Tap Paid Special Listing Conditions Standard Trash Expense 1200 Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Water Sewer Expense 1200 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-12-09T07:26:05.95. 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 deemed reliable but is not guaranteed accurate by the MLS or CFC Realty, Inc. Licensed in the State of California, USA.
 
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CFC Realty, Inc
931 Pueblo Drive
Lake Havasu City AZ, 86406
Listing Agent(s): Dave Chamberlain of Team Chamberlain Realty Exe. (714-875-5330)