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17125 4th Street

Sunset Beach, CA 90742
  • $2,700,000
  • STATUS: ACTIVE
  • ON SITE: 274 Days
  • ID#: PW22118624
$2,700,000
  • 3
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Great Investment Opportunity in Sunset Beach! Great Financial Numbers! Two Unit Income Producing Property Steps from the Sand and Surf! Downstairs Unit Consists of a Permitted and Thriving Weekly Rental Unit, and is a 2 Bedroom, 1.5 Bathroom, with a Large Dining/Living Room, Patio and Free Standing Studio with Shower and Sink, Long Driveway and Single Car Garage! Spacious 1 Bedroom, 1 Bathroom Upstairs Apartment is Currently Rented Month to Month for Continuous Year Long Income. Use one residence and rent the other! Playground and Park Across the Street on Greenbelt/Medium, Bolsa Chica with Fire Pits a Short Walk Away, and Walk to Many of the Local Restaurants Nearby! All financial information is based on realistic projections of 75% occupancy at $400/day for the weekly rental, and $3,200/mo. for the monthly rental. Price includes Approved Plans for Two Spectacular Townhomes with Rooftop Decks and Fantastic Views! Aerial Video: https://youtu.be/hfrJqWxCcKo Virtual Tour of Existing Weekly Rental: https://mls.immoviewer.com/portal/tour/2635336?psm.showBottomLine=false&accessKey=6204&psm.showPoweredBy=false&psm.showShare=false Great Investment Opportunity in Sunset Beach! Great Financial Numbers! Two Unit Income Producing Property Steps from the Sand and Surf! Downstairs Unit Consists of a Permitted and Thriving Weekly Rental Unit, and is a 2 Bedroom, 1.5 Bathroom, with a Large Dining/Living Room, Patio and Free Standing Studio with Shower and Sink, Long Driveway and Single Car Garage! Spacious 1 Bedroom, 1 Bathroom Upstairs Apartment is Currently Rented Month to Month for Continuous Year Long Income. Use one residence and rent the other! Playground and Park Across the Street on Greenbelt/Medium, Bolsa Chica with Fire Pits a Short Walk Away, and Walk to Many of the Local Restaurants Nearby! All financial information is based on realistic projections of 75% occupancy at $400/day for the weekly rental, and $3,200/mo. for the monthly rental. Price includes Approved Plans for Two Spectacular Townhomes with Rooftop Decks and Fantastic Views! Aerial Video: https://youtu.be/hfrJqWxCcKo Virtual Tour of Existing Weekly Rental: https://mls.immoviewer.com/portal/tour/2635336?psm.showBottomLine=false&accessKey=6204&psm.showPoweredBy=false&psm.showShare=false

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
www.sandiegoareahomesforsale.co/homes/130001816
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17125 4th Street Sunset Beach, CA 90742

  • Price: $2,700,000
  • Status: ACTIVE
  • On Site: 274 Days
  • ID#: PW22118624
3
Beds
0
Baths
0
½ Baths
0.06
Acres
Neighborhood:
Sunset Beach
County:
Orange
Area:
Oc - Sunset Beach (90742)
Property Description
Great Investment Opportunity in Sunset Beach! Great Financial Numbers! Two Unit Income Producing Property Steps from the Sand and Surf! Downstairs Unit Consists of a Permitted and Thriving Weekly Rental Unit, and is a 2 Bedroom, 1.5 Bathroom, with a Large Dining/Living Room, Patio and Free Standing Studio with Shower and Sink, Long Driveway and Single Car Garage! Spacious 1 Bedroom, 1 Bathroom Upstairs Apartment is Currently Rented Month to Month for Continuous Year Long Income. Use one residence and rent the other! Playground and Park Across the Street on Greenbelt/Medium, Bolsa Chica with Fire Pits a Short Walk Away, and Walk to Many of the Local Restaurants Nearby! All financial information is based on realistic projections of 75% occupancy at $400/day for the weekly rental, and $3,200/mo. for the monthly rental. Price includes Approved Plans for Two Spectacular Townhomes with Rooftop Decks and Fantastic Views! Aerial Video: https://youtu.be/hfrJqWxCcKo Virtual Tour of Existing Weekly Rental: https://mls.immoviewer.com/portal/tour/2635336?psm.showBottomLine=false&accessKey=6204&psm.showPoweredBy=false&psm.showShare=false Great Investment Opportunity in Sunset Beach! Great Financial Numbers! Two Unit Income Producing Property Steps from the Sand and Surf! Downstairs Unit Consists of a Permitted and Thriving Weekly Rental Unit, and is a 2 Bedroom, 1.5 Bathroom, with a Large Dining/Living Room, Patio and Free Standing Studio with Shower and Sink, Long Driveway and Single Car Garage! Spacious 1 Bedroom, 1 Bathroom Upstairs Apartment is Currently Rented Month to Month for Continuous Year Long Income. Use one residence and rent the other! Playground and Park Across the Street on Greenbelt/Medium, Bolsa Chica with Fire Pits a Short Walk Away, and Walk to Many of the Local Restaurants Nearby! All financial information is based on realistic projections of 75% occupancy at $400/day for the weekly rental, and $3,200/mo. for the monthly rental. Price includes Approved Plans for Two Spectacular Townhomes with Rooftop Decks and Fantastic Views! Aerial Video: https://youtu.be/hfrJqWxCcKo Virtual Tour of Existing Weekly Rental: https://mls.immoviewer.com/portal/tour/2635336?psm.showBottomLine=false&accessKey=6204&psm.showPoweredBy=false&psm.showShare=false
Exterior Features

Exterior StuccoWood Lot Dimensions Approx 30' X 90' Pool N/K Roof Composition Site Corner LotCurbsSidewalks Spa N/K Units With Patios 1

Interior Features

Cooling N/K Heat Equipment Floor Furnace Stories 2 Story Total Baths Unit1 2 Total Baths Unit2 1 Units With Range Oven 2 Units With Refrigerators 2 Units With Washers 1

Property Features

Actual Cap Rate 4.64 Annual Expense Actual 22604 Buildings 1 Cfd Mello Roos Fee 900.0 Cfd Mello Roos Fee Reflects Year Gross Rent Multiplier Actual 18.25 Gross Scheduled Income Actual 147900 Home Owners Fees 0.0 Monthly Total Fees 75 Terms Cash Unit Number For Unit1 1 Unit Number For Unit2 2 Unit1 Rent Actual 7500.0 Unit2 Rent Actual 2850.0 Zoning Other

San Diego MLS logo Listing provided courtesy of Team Chamberlain Realty Exe.: [IDXCONTACTINFORMATION]. Listing information © 2023 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
 
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Steven G. Fraioli & Associates
13176 Midbluff Ave
San Diego CA, 92128