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712 Williams Drive

Huntington Beach, CA 92648
  • $1,665,000
  • STATUS: Active Under Contract
  • ON SITE: 91 Days
  • ID#: PW24007434
Under Contract
UPDATED: 212 min ago
$1,665,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1979
County:

School Ratings & Info

Listing Agent(s): Bobby Aschtiani of Skyline Commercial Real Estate (949-688-6530)


Description

The Williams Apartments is a spacious triplex situated in the highly sought-after rental market of Huntington Beach. This exceptional property boasts an appealing unit mix, featuring a stylish (1) 3-bedroom x 2.5-bathroom townhouse, (1) 2-bedroom x 1.5-bathroom townhouse, and (1) 2-bedroom x 1-bathroom unit. Enhancing the value are four garages and a dedicated laundry room, contributing to additional rental income. The Williams Apartments offer the opportunity to purchase an income-producing asset with a cap rate of 4.53% and $410 per square foot.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-04-18T19:25:09.463. 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 Doherty Real Estate Group | eXp Realty of California, Inc.. Licensed in the State of California, USA.
www.bestorangecountyhomesearch.com/homes/146718714
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712 Williams Drive Huntington Beach, CA 92648

  • Price: $1,665,000
  • Status: Active Under Contract
  • On Site: 91 Days
  • Updated: 212 min ago
  • ID#: PW24007434
0
Beds
0
Baths
0
½ Baths
0.14
Acres
1979
Built
Neighborhood:
,Unknown
County:
Orange
Area:
699 - Not Defined
Property Description
The Williams Apartments is a spacious triplex situated in the highly sought-after rental market of Huntington Beach. This exceptional property boasts an appealing unit mix, featuring a stylish (1) 3-bedroom x 2.5-bathroom townhouse, (1) 2-bedroom x 1.5-bathroom townhouse, and (1) 2-bedroom x 1-bathroom unit. Enhancing the value are four garages and a dedicated laundry room, contributing to additional rental income. The Williams Apartments offer the opportunity to purchase an income-producing asset with a cap rate of 4.53% and $410 per square foot.
Exterior Features

Entry Level 1 Entry Location Ground and 2nd Levels Lot Features Rectangular Lot Number Of Separate Electric Meters 3 Parking Features DrivewayGarage Parking Total 4 Pool Features None Pool Private YN No Property Attached YN No

Interior Features

Common Walls No Common Walls

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features CurbsSidewalks Electric Expense 420 Fuel Expense 840 Garage YN Yes Gross Income 105672 Gross Scheduled Income 97320 Insurance Expense 2032 Land Lease YN No Laundry Features Common Area Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New Loan Net Operating Income 75382 New Construction YN No New Taxes Expense 18317 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 3 Number Of Units Leased 2 Operating Expense 27120 Other Expense 786 Property Sub Type Triplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 0 Trash Expense 1200 Water Sewer Expense 1200 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-04-18T19:25:09.463. 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 Doherty Real Estate Group | eXp Realty of California, Inc.. Licensed in the State of California, USA.
 
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Doherty Real Estate Group | eXp Realty of California, Inc.
26381 Crown Valley Pkwy
Mission Viejo CA, 92691
Listing Agent(s): Bobby Aschtiani of Skyline Commercial Real Estate (949-688-6530)