7861 Daisy, Huntington Beach, CA 92648

$1,850,000

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List Price
$1,850,000
Status
ACTIVE
MLS#
OC26160503
Year Built
2001
Lot Size
24,336
Acres
0.56
Lot Location
0-1 Unit/Acre
Days on Market
1
Property Type
Multifamily
Style
Traditional
Property Sub Type
Condominium
Stories
Three Or More Levels
Neighborhood
Other

Property Description

Rare opportunity to acquire one of four tenant-occupied investment properties available individually or as part of a premier Orange County residential income portfolio. This property is currently leased at $9,000 per month under a 5-year lease with a 5-year extension option and 5% annual rent increases, providing immediate income and long-term stability for investors.This spacious three-story residence offers approximately 3,000 square feet with 6 bedrooms, 4 full bathrooms, and an attached two-car garage. The home features granite countertops, recessed lighting, a spacious kitchen, generous living areas, and a flexible floor plan designed to accommodate a variety of living arrangements.Currently undergoing remodeling and improvements expected to be completed prior to the close of escrow, this property is located in the desirable Parkside Classics community of Huntington Beach, close to shopping, restaurants, parks, schools, major freeways, and just minutes from the beach. Tenants currently pay all utilities and day-to-day operating expenses, while the owner is responsible for property taxes, insurance, and repairs.

Additional Information

Taxes
$12,213
HOA
268
Frequency
Monthly
Association Amenities
Pool, Spa/Hot Tub
Appliances
Gas Oven, Gas Range, Microwave
Pool Description
Association
Fireplace Description
Den, Gas
Heat
Central
Cooling
Yes
Cooling Description
Central Air
View
Mountain(s)
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
Interior Features
Granite Counters, Tile Counters, Bedroom on Main Level, Main Level Primary
Attached Structure
Detached
Number Of Units Total
1
Gross Scheduled Income
$108,000
Operating Expense
21215

Listing courtesy of Listing Agent: Michael Bente (cfo.luxrerealty@gmail.com) from Listing Office: Luxre Realty, Inc..

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.