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Listed by Alec Paquette, DRE #02038703 • Tinalden Property Services
$2,425,000
Est. payment /mo
7,675 Sqft Lot
New
5571 Reno CIR Huntington Beach, CA 92649
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Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPW26176967
Year Built 1972
Lot Size 7,675 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
STRONG INVESTMENT OPPORTUNITY- Strong Rents, Value Add Opportunity and Owner Occupancy Opportunity. This fourplex in North Huntington Beach is located in the highly desirable Marina High School neighborhood on a secluded cul-de-sac with a local community park and Marina High School less than one block away, ensuring reliable and consistent long term residents. Historical vacancy rate is less than 3% per year. The property includes a comprehensive list of amenities for each unit, including a private patio, garage space with laundry hookups, and additional dedicated off street parking . The unit mix includes a 3 bedroom, and a 2 bedroom unit on the ground floor, and two, 2 bedroom units on the second floor. Landscaping is easily managed, and each unit has its own electricity and gas meter, which ensures low Ownership expenses. Over the last 24 months the current Ownership has made significant investments in capital items, including thorough renovations of the two upstairs units, a new roof with architectural composite shingles, new dual pane windows in Units 1 and 4, and numerous other upkeep items. The two unit renovations included shakar cabinets and quartz countertops in the kitchens, new carpet and fresh paint throughout, and a new bathroom vanity with quartz countertop (in U
Location
State CA
County Orange
Area 17 - Northwest Huntington Beach
Rooms
Kitchen Dishwasher, Garbage Disposal, Hood Over Range, Microwave, Oven Range - Gas
Interior
Heating Forced Air, Wall Furnace
Cooling Window / Wall Unit
Laundry In Garage, 30, 38
Exterior
Parking Features Assigned Spaces, Attached Garage, Garage, Off-Street Parking, Other
Garage Spaces 10.0
Pool 31, None
View None
Roof Type Shingle,Composition
Building
Lot Description Corners Marked
Foundation Concrete Slab
Water District - Public
Others
Tax ID 14544106
Special Listing Condition Not Applicable
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