Huntington Beach, CA 92648,1008 Florida ST #A
Huntington Beach, CA 92648,1008 Florida ST #A
Huntington Beach, CA 92648,1008 Florida ST #A
38
$1,380,000
$1,440,000
4.2%
Est.Price: ?

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5,662 Sqft Lot

1008 Florida ST #A Huntington Beach, CA 92648

Est. payment /mo
SOLD DATE : 12/12/2019

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Key Details

Sold Price $1,380,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Yorktowne (York)

MLS Listing ID PW19229664

Sold Date 12/12/19

HOA Y/N No

Year Built 1958

Lot Size 5,662 Sqft

Property Description

An investor looking to begin building a portfolio and provide for their own housing can purchase the property and begin building equity at a very reasonable price. With rents in the area for remodeled two bedrooms in the $2,400-$2,800 range, an investor/owner can acquire the property and after taxes and insurance and all expenses associated with owning rental property the owner will only need to pay themselves $3,899 per month to own a property 1 mile from the beach. Two bedroom units rent for between a low of $2,045 ($2.87/SF) and as high as $3,100. An investor who maintains the property in it’s current condition will continue to benefit from an ease of management property in a improving location. The residential component of Pacific City will add units targeting high net worth individuals. Pacific City 2 bedrooms are currently starting at $3,900 and are filling up as fast as they are completed. The availability of these high end units will attract tenants that want to live close to Pacific City but want to pay slightly less for a great location. 1008 Florida with it’s tastefully remodeled twos, private patio spaces, and garages will continue to attract tenants with increasing disposable income.

Location

State CA

County Orange

Area 14 - South Huntington Beach

Interior

Fireplace No

Laundry Outside

Exterior

Parking Features Door-Single, Garage

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Dog Park, Park, Urban

Total Parking Spaces 4

Private Pool No

Building

Lot Description Front Yard, Garden

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 02517306

Energy Description 360.0

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange, FHA

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, FHA

Financing FHA

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Justin White • Justin White
Bought with Gantry Wilson • Keller Williams Realty

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Michelle Pritchard

Agent | License ID: 01491286

+1(619) 723-1152

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