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Georgette Solano

georgette@homesbygpsolano.com +1(562) 222-5847

$ 2,425,000

Est. payment -/mo

Save

New

5561 Reno Huntington Beach, CA 92649

6,969 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision Marina High School

MLS Listing ID PW26217784

HOA Y/N No

Year Built 1972

Lot Size 6,969 Sqft

Property Sub-Type Quadruplex

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

Area 17 - Northwest Huntington Beach

Interior

Interior Features Balcony

Heating Forced Air, Wall Furnace

Cooling None

Flooring Carpet, Laminate, Tile, Vinyl

Fireplaces Type Living Room

Fireplace Yes

Appliance Built-In Range, Gas Cooktop, Disposal, Gas Oven, Gas Range, Gas Water Heater, Water Heater

Laundry Washer Hookup, Gas Dryer Hookup, Inside, Laundry Room

Exterior

Exterior Feature Rain Gutters

Parking Features Asphalt, Door-Multi, Door-Single, Driveway, Garage, Off Street, Garage Faces Rear, One Space, On Street

Garage Spaces 5.0

Garage Description 5.0

Fence Wood

Pool None

Community Features Curbs, Street Lights, Suburban, Sidewalks, Park

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected

View Y/N Yes

View Neighborhood

Roof Type Asphalt,Shingle

Total Parking Spaces 10

Private Pool No

Building

Lot Description Cul-De-Sac, Lawn, Landscaped, Near Park, Sprinkler System, Street Level

Story 2

Entry Level Two

Sewer Sewer Tap Paid

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 14544107

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Michael Lembeck Citivest Realty Services, Inc 714-742-3700, DRE #01019397

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Georgette Solano

Broker Associate License ID: 01817587

+1(562) 222-5847

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Georgette Solano

5561 Reno Huntington Beach, CA 92649

Key Details

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Exterior

Building

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5561 Reno