5561 Reno, Huntington Beach, CA 92649
5561 Reno, Huntington Beach, CA 92649
5561 Reno, Huntington Beach, CA 92649
19
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Listed by Michael Lembeck, DRE #01019397 • Citivest Realty Services, Inc
$2,425,000
Est. payment /mo
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6,970 Sqft Lot
Active

5561 Reno Huntington Beach, CA 92649

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Alex Kononoff

Alex Kononoff

+1(650) 207-5341

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Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRPW26217784

Year Built 1972

Lot Size 6,970 Sqft

Property Sub-Type Fourplex

Source California Regional MLS

Property Description

5561 Reno Circle presents an opportunity to acquire a well-located four-unit apartment property in desirable North Huntington Beach. Situated on a quiet cul-de-sac near Marina High School, the property offers strong existing income together with meaningful long-term rental upside. The approximately 4,273-square-foot property was built in 1972 and features an attractive unit mix consisting of one 3-bedroom/2-bath unit, two 2-bedroom/2-bath units, and one 2-bedroom/1-bath unit. Current scheduled rents total approximately $9,735 per month. Three of the four units are rented below current market levels and are occupied on month-to-month tenancies, providing an opportunity for future income growth for the new owner. The property has benefited from substantial interior improvements, with all units remodeled except the 3-bedroom unit. Improvements include granite countertops, newer cabinetry, and other interior upgrades. One of the 2-bedroom/2-bath units features a permitted open-floor-plan configuration approved by the City. Located in an established Huntington Beach rental neighborhood, the property offers convenient access to schools, shopping, employment centers, major transportation routes, Huntington Harbour, Bolsa Chica, and the beach. Expenses are estimated; actual operating exp

Location

State CA

County Orange

Area 17 - Northwest Huntington Beach

Rooms

Kitchen Garbage Disposal, Other, Oven Range - Gas, Oven Range - Built-In, Oven - Gas

Interior

Heating Forced Air, Wall Furnace

Cooling None

Flooring Laminate

Laundry Gas Hookup, In Laundry Room, 30, Other

Exterior

Parking Features Attached Garage, Garage, Off-Street Parking, Other, Parking Area

Garage Spaces 10.0

Pool 31, None

View Local/Neighborhood

Roof Type 2,Shingle

Building

Lot Description Corners Marked, Grade - Level

Sewer Sewer Available

Water Hot Water, District - Public

Others

Tax ID 14544107

Special Listing Condition Not Applicable

MLS Listing IDX PLUS
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Alex Kononoff
Alex Kononoff

Agent License ID: 01387648

+1(650) 207-5341 | alexander.kononoff@exprealty.com

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5561 Reno