$ 2,425,000
-
$2,425,000
Price -
9
Bed -
7
Bath -
4,273
SqFt -
0.16
Acre
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About the Listing PB16907 - PWLEMMIC
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 expenses will be provided upon an accepted offer.
Listing Highlights for 5561 Reno
Interior Details
- Bedrooms: 9
- Bathrooms: 7 Full
- Appliances: Built-In Range, Gas Cooktop, Disposal, Gas Oven, Gas Range, Gas Water Heater, Water Heater
- Air Cond:
- Heating: Forced Air,Wall Furnace
- Fireplaces: Living Room
- Floor: Carpet,Laminate,Tile,Vinyl
- Basement:
- Other: Balcony
- Water: Public
Exterior Details
- Lot Description: Cul-De-Sac,Lawn,Landscaped,Near Park,Sprinkler System,Street Level,No Land Lease
- Garage Capacity: 5 car
- Parking Spaces: 10
- Roof: Asphalt,Shingle
- Others: Rain Gutters,Stucco,2+ Total Units
- Sewer: Sewer Tap Paid
- Parking Features: Asphalt,Door-Multi,Door-Single,Driveway,Garage,Off Street,Garage Faces Rear,One Space,On Street
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 14544107
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
5561 Reno Huntington Beach, CA 92649
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