Huntington Beach, CA 92647,7561 Center AVE #6
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Huntington Beach, CA 92647,7561 Center AVE #6
Huntington Beach, CA 92647,7561 Center AVE #6
Huntington Beach, CA 92647,7561 Center AVE #6
Huntington Beach, CA 92647,7561 Center AVE #6

$773,000

Est. payment /mo

$783,000

1.3%
Est.Price: ?

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7561 Center AVE #6 Huntington Beach, CA 92647

1,306 Sqft Lot

SOLD DATE : 05/09/2022

Key Details

Sold Price $773,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID OC22059224

Sold Date 05/09/22

HOA Y/N No

Year Built 1977

Lot Size 1,306 Sqft

Property Description

Incredible Investment Opportunity!!! A Unique Property that features both an Income Generating Commercial and Residential Space. This Mixed Use Property is located in the Historic Old World Village located across from Bella Terra, Costco and near Golden West College. The current tenant occupies both spaces and has been in place since 2016. The Business is Thriving and the Tenant is seeking a Multi Year Extension with the New Owner. The Commercial Space has been Fully Modified and has been Permitted for Food and Beverage Service, which is a Huge Advantage in this Community. There is Ample Guest Parking and Signage Leading into The Community. The Residential Space features New Custom Cabinets and Granite in the Kitchen and Fully Remodeled Bathrooms as of 2015. It is an Excellent Two Bedroom, Two Bathroom layout with a Fireplace and Balcony. The Balcony overlooks the Backyard Patio Area, which is shared with the Commercial Space. The Property was Re-piped within the last five years. There is also a 1 Car Garage that can be included with the Lease or Rented out Separately !! This Mixed Use Community Features the Famous Oktoberfest Restaurant that hosts Oktoberfest Celebrations every year. Throughout the year The Village also hosts Dog Races, Car Shows, Farmers Markets, Craft Marketplace Events, etc. HOA dues are under $300 per month and include Trash and Water in addition to Common Area Maintenance. With a Steady and Solid ROI, Long Term Appreciation Potential in combination with a Low Maintenance Property, this is an Excellent Opportunity for any Savvy Investor. The seller is willing to finance for the right buyer.

Location

State CA

County Orange

Area 17 - Northwest Huntington Beach

Interior

Heating Central

Cooling Central Air

Fireplace No

Appliance Dryer, Washer

Laundry In Kitchen

Exterior

Fence Wood

Utilities Available Cable Available, Sewer Connected, Water Connected

Building

Lot Description 0-1 Unit/Acre, Near Public Transit

Story 2

Water Public

Others

Tax ID 14247406

Security Features 24 Hour Security

Acceptable Financing 1031 Exchange, Owner Will Carry, Owner May Carry

Listing Terms 1031 Exchange, Owner Will Carry, Owner May Carry

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Karyn Sontag • Keller Williams OC Coastal Realty
Bought with Holly McDonald • Compass Newport Beach

Colin Farris

Founder | License ID: 01938669

+1(949) 424-4354

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