2512 England Street, Huntington Beach, CA 92648

$8,295,000
List Price
$8,295,000
Price Change
▼ $100,000 1675918174
Status
ACTIVE
MLS#
OC22220888
Year Built
1977
Lot Size
19,166
Acres
0.44
Lot Location
Item1115UnitsAcre
Days on Market
160
Property Type
Multifamily
Property Sub Type
Apartment
Stories
Two Levels
Neighborhood
Other (Othr)

Property Description

2512-2518 England Street is a fourteen-unit asset located in beautiful Huntington Beach, California. Built in 1977, the property has recently been upgraded with extensive interior and exterior renovations in 2021-2022, making it a highly desirable, turnkey acquisition opportunity for investors. The property offers an excellent unit mix and range of floorplans, including 2 two-bed two-bath units, 8 two-bed two-and-a-half-bath townhomes, 2 three-bed two-and-a-half-bath townhomes, and 2 one-bed one-bath units. The property has great curb appeal with brand new exterior paint, stucco repair, landscaping, exterior lighting, and more. Approximately $1,000,000 was spent on interior and exterior renovations. The asset is very appealing to tenants with large spacious units, 24 private garages with brand new garage doors, and many brand-new unit upgrades, including Calcutta quartz countertops, vinyl plank flooring throughout, deep single tub kitchen sinks, skim coated and textured interior paint, new windows, and new security screen doors. The units have laundry hookups with new washer and dryer machines. Each unit has individual water heaters, and the building has an in-place RUBS system with each unit separately metered for gas and electric, which will reduce landlord utility costs as tenants pay for both water and trash. The property’s superb location in Huntington Beach is within walking distance of HOAG Urgent Care, Walgreens, Albertsons, McCallen Playground and Park, and Bartlett Park. The property is also conveniently located near Beach Boulevard, providing quick access to coastal Huntington Beach and the Pacific Coast Highway (Highway-1). Additionally, the building is approximately 1.5 miles from Huntington City Beach, Huntington Beach Pier, Huntington Beach Bike Trail, and the New High-end Beachfront Pacific City Retail Mall, which includes both nationally recognized and popular local retails stores and eateries. This offering provides an investor the opportunity to acquire a well-located, completely renovated, turnkey investment with immense tenant and curb appeal.

Additional Information

Appliances
Gas Oven, Gas Range, Water Heater, Dryer, Washer
Pool Description
None
Heat
Forced Air
Garage Spaces Total
24
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
14
Gross Scheduled Income
$525,360
Operating Expense
152807

Listing courtesy of Listing Agent: Mark Bridge (Mark.Bridge@cushwake.com) from Listing Office: Mark Bridge, Broker.

Mortgage Calculator

Amount of Loan
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Term of Loan
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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.