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Key Details
Sold Price $1,460,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 19440524
Sold Date 05/24/19
HOA Y/N No
Year Built 1964
Lot Size 6,638 Sqft
Property Description
7701 Ellis is located on the Eastern part of Huntington's rapidly improving market, the city is home to almost 40% renters demonstrating a strong demand for rental housing. This 4-unit apartment building presents an opportunity for an investor to purchase a multifamily property in the heart of Huntington Beach. The property boasts significant rental upside with continues long-term growth as the surrounding area continues to grow. Tenants appreciate the proximity to entertainment and retail shops including 5 Points Plaza, Bella Terra Outdoor Mall, and Pacific City Shopping Center. The 405 freeway is easily accessible to commuters and a short drive to the 55 & 91 freeway.
Location
State CA
County Orange
Area 15 - West Huntington Beach
Interior
Cooling None
Fireplace No
Appliance Dishwasher, Dryer, Washer
Exterior
Parking Features Garage
Building
Story 2
Others
Tax ID 15905506
Special Listing Condition Standard
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Bought with Aneeta Kumar • Keller Williams Realty