7871 Newman Avenue, Property Listing: MLS® #301761379

Excellent income producing triplex plus 1 storage/studio. One 3 beds/1 bath and two 2 beds/1 bath and 1 storage. All unit have laundry room and own backyard. New owner can easily raise rent to market level. Market rent for each unit should be $1,800. All rental are below market level. Current rent is $1,750, $1700, $1600, and $400 ($65,400 per year). Current owner only pay for water ($120 per month). Tenants pay all other utilities. Very convenience for renter as it is close to Walmart, banks, and hospita

7871 Newman Avenue, Property Listing: MLS® #301761379 Close
Page Summary
  • MLS® #: 301761379
  • 7871 Newman Avenue
  • , CA 92647
  • $1,299,999
  • 0.21 Acres
  • Office: Khoa Ha, Broker

Excellent income producing triplex plus 1 storage/studio. One 3 beds/1 bath and two 2 beds/1 bath and 1 storage. All unit have laundry room and own backyard. New owner can easily raise rent to market level. Market rent for each unit should be $1,800. All rental are below market level. Current rent is $1,750, $1700, $1600, and $400 ($65,400 per year). Current owner only pay for water ($120 per month). Tenants pay all other utilities. Very convenience for renter as it is close to Walmart, banks, and hospita

Supplemental Remarks

Essential Information

  • MLS® #301761379
  • Listing Price$1,299,999
  • Original Listing Price$1,299,999
  • Date ListedJune 2nd, 2019
  • Days on Market201
  • Bathrooms0.00
  • Acres0.21
  • Lot Sq.Ft.9,043
  • Year Built1963
  • TypeResidential Income
  • StatusACTIVE

Dues

  • HOA Dues$0

Community Information

  • Address7871 Newman Avenue
  • AreaOC - HUNTINGTON BEACH (92647)
  • SubdivisionOther (OTHR)
  • CountyOrange
  • StateCA
  • Zip Code92647

Amenities

  • PoolN/K

Interior

  • # of Stories1
  • Stories1 Story
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Listing information last updated on April 9th, 2020 at 11:45pm PDT.