7561 Center Avenue, Unit 6
$839,000
2
2
1
1,936
1,936
$433
Closed 1/18/24
Description
Rare investment opportunity - own a Mixed Use Residential/Commercial Space in Old World Village - famously known for Oktoberfest. This one-of-a-kind destination is known for its speciality stores, cobblestone streets, and year round events that attract many visitors and is conveniently situated within a bustling business area of Huntington Beach. Surrounding landmarks include Bella Terra, Costco, Goldenwest College, popular restaurants and the 405 and 22 freeways. A downstairs unit comprises approximately...Rare investment opportunity - own a Mixed Use Residential/Commercial Space in Old World Village - famously known for Oktoberfest. This one-of-a-kind destination is known for its speciality stores, cobblestone streets, and year round events that attract many visitors and is conveniently situated within a bustling business area of Huntington Beach. Surrounding landmarks include Bella Terra, Costco, Goldenwest College, popular restaurants and the 405 and 22 freeways. A downstairs unit comprises approximately half of the total square footage and is home to a commercial space with a highly successful long term tenant in place who also rents the unit upstairs. The current rental amounts have been stable and remained below market. Current market rents are approx. $2800/month for the upstairs unit and $2300-$2500/month for the business space. The upstairs apartment has 2 bedrooms, 2 updated bathrooms and a remodeled kitchen with balcony. Refrigerator, washer and dryer are included. Don't miss the large private rear patio and detached one-car garage that come with the property as well. A notable advantage is that the commercial space has been fully modified and has been permitted for food and beverage service. Low HOA dues and no land lease! This unique offering is an ideal income property and investment for anyone seeking stable income, appreciation and versatility. Since these units don't become available often, it is sure to move fast. Schedule a tour today. Unique property - Seller financing may be considered.
Property Details for 7561 Center Avenue, Unit 6
View
Neighborhood
Parking Spaces Total1
Private PoolNo
Cooling TypeCentral
Total Units2.0
Building TypeAttached
Lot Size SourceAssessor
Living Area1936
LISTING UPDATED: 01/18/2024 07:29 AM
Property Details for 7561 Center Avenue, Unit 6
Status | Closed |
---|---|
MLS # | PW23180636 |
Days on Market | 86 |
Taxes | - |
HOA Fees | $294 / month |
Condo/Co-op Fees | - |
Compass Type | Mixed Use |
MLS Type | Residential |
Year Built | 1977 |
County | Orange County |
Buyer's Agent Compensation | 2% |
Building Information for 7561 Center Avenue, Unit 6
Building/ComplexOld World VillageFloor-Stories2Pet Policy-Year Built1977Building Size-
Property Information for 7561 Center Avenue, Unit 6
Property History for 7561 Center Avenue, Unit 6
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 7561 Center Avenue, Unit 6
This home is within Ocean View School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Westmont Elementary School PublicK to 5 | ||
Spring View Middle School Public6 to 8 | ||
Marina High School Public9 to 12 | ||
Coast High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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