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.
You are viewing the for at 7561 Center Avenue # 6 with the MLS® PW23180636 on Previewochomes.com. This at 7561 Center Avenue # 6, . 92647 is located in the Old World (OWOR) subdivision and is currently for featuring 1936 sq.ft. of living space, and listed for sale at $849,000. This for at 7561 Center Avenue # 6 with the MLS® # PW23180636 has been listed since 2023-09-27.
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| Date | Details | Change |
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| Status Changed from Active Under Contract to Closed | – | |
| Status Changed from Active to Active Under Contract | – |
Based on information from California Regional Multiple Listing Service, Inc. as of May 20th, 2024 at 11:26am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
Property Listed By: Holly Mcdonald of Compass Newport Beach
