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2512 England Street

Huntington Beach, CA 92648
  • $8,295,000
  • STATUS: ACTIVE
  • ON SITE: 156 Days
  • ID#: OC22220888
UPDATED: 32 min ago
$8,295,000
  • 8
    BEDS
  • 0.44
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

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 propertys 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 coast 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 propertys 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.

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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.
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2512 England Street Huntington Beach, CA 92648

  • Price: $8,295,000
  • Status: ACTIVE
  • On Site: 156 Days
  • Updated: 32 min ago
  • ID#: OC22220888
8
Beds
0
Baths
0
½ Baths
0.44
Acres
Neighborhood:
Garfield / Yorktown
County:
Orange
Area:
Oc - Huntington Beach (92648)
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 propertys 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 coast 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 propertys 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.
Exterior Features

Pool N/K Site Sidewalks Spa N/K

Interior Features

Heat Equipment Forced Air Unit Stories 2 Story Total Baths Unit1 1 Total Baths Unit2 2 Total Baths Unit3 3 Total Baths Unit4 3 Units With Cooling 13 Units With Range Oven 14 Units With Washers 14

Property Features

Actual Cap Rate 4.37 Annual Expense Actual 152807 Buildings 2 Cfd Mello Roos Fee 3412.0 Cfd Mello Roos Fee Reflects Year Gross Rent Multiplier Actual 15.9 Gross Scheduled Income Actual 525360 Home Owners Fees 0.0 Monthly Total Fees 284 Possession Close Of Escrow Tenant Pays Cable TvElectricityGas/Propane Terms Conventional Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit Number4 4 Unit1 Rent Actual 2395.0 Unit2 Rent Actual 2795.0 Unit3 Rent Actual 3095.0 Unit4 Rent Actual 3595.0 Zoning Assessor

San Diego MLS logo Listing provided courtesy of Mark Bridge, Broker: [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