5561 Reno, Huntington Beach, CA 92649
5561 Reno, Huntington Beach, CA 92649
5561 Reno, Huntington Beach, CA 92649
20
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$2,425,000
Est. payment /mo
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9 Beds
7 Baths
6,970 Sqft Lot
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5561 Reno Huntington Beach, CA 92649

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Patty Doyle

Patty Doyle

+1(619) 886-0321

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW26217784

Bedrooms 9

Lot Size 6,970 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

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.

Location

State CA

County Orange

Zoning Public Rec

Direction 405, Exit Bolsa West, L on Graham, L on Taft, L on Cross, Cross becomes Reno.

Interior

Heating Forced Air Unit

Fireplace No

Exterior

Utilities Available Sewer Connected

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 14544107

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

MLS Router / San Diego MLS
Listed by Michael Lembeck, DRE#01019397 Citivest Realty Services, Inc 

NEARBY SCHOOL & BUSINESS

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Patty Doyle

Patty Doyle

Agent License ID: 01507441

+1(619) 886-0321

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5561 Reno

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