Active
$1,675,000
4 Units
2 Beds
1 Baths
3,186 Area(sq.ft.)
Lot: 6,098 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 4 | 2 | 1 | No | $ 2,062 | $ 8,248 | $ 2,400 |
| 4 | 8 | 4 | $ 8,248 | $ 32,992 | $ 9,600 |
| MLS #: | OC25103030MR |
| Days On Market: | 211 |
| Listing Date: | May 8, 2025 |
| County: | Orange County |
| Property Type: | Residential Income |
| Price per ft2: | $ 526 |
| Price per unit: | $ 418,750 |
| Year Built: | 1964 |
Property Details
The Slater Apartments offers immediate cash flow in a central Huntington Beach location. The property has had recent renovations including the installation of a newer roof with roof warranty, new water heater, new dual pane windows, beautiful landscaping and exterior lighting, and an upgraded laundry room with brand new washer and dryer units. Investors can take advantage of the stable cash flow and capitalize on the opportunity to increase rents over time in one of the strongest rental markets in Orange County.Interested in this Listing?
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Income Details
| Rent Control: | False |
| Gross Operating Income: | $ 101,043 |
| Total Annual Expense: | $ 31,807 |
| Net Operating Income: | $ 69,236 |
| Cap Rate: | 4.13% |
| Gross Rent Multiplier: | 16.08 |
Structure
| Community Features: | Suburban |
| Sewer: | Public Sewer |
| Water: | Public |
Land & Parking
| Land Lease Type: | Fee |
Interior
| Heating: | Wall |
| Fireplace Rooms: | None |
| Laundry: | Community |
Exterior
| Pool: | No |
Detailed Map
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Income
