Seller to supply financing as described below. Beautiful 3 unit building. Unit A Built by owner/broker to be to be owner occupied. Features a front 3 bedroom/2.5 bath with 2 car garage townhome style unit, B unit is 2 Bedrooms with family room used as 3rd bedroom and rear, C unit, is a 3 Bedroom/3 bath that includes a private 1 bedroom 1 bath downstairs suite with private entry and 2 bedrooms 2 bath upstairs. Building is in excellent condition with complete termite just 2 months ago.Must see to appreciate. Do not disturb tenants. Call Broker for financing and cash requirements. Partnership is dissolving as one partner passed and heir wants to sell her 50% as cash. Surviving Partner, who is Listing Broker and the builder, requires caring a 1st TD in amount not less $900,000. Call Broker/Partner for terms. Will request a 30 year amortized or interest only loan. Interest to be adjustable with initial rate to be below market and adjust yearly to remain less than current market pricing. Prepayment penalty equal to capital gain and depreciation tax liability for surviving partner and assumability with approval. Will negotiate terms to meet buyers needs but will have to understand seller/partner/broker desire not have the mortgage paid off prematurely. Surviving Partner/Seller/Broker will also consider a partnership with new partner to replace the heir. Heir does require cash as her compensation. Broker to retain management.
DAYS ON MARKET
|
55
|
LAST UPDATED
|
7/15/2024
|
TRACT
|
Downtown Area (DOWN)
|
YEAR BUILT
|
1986
|
COMMUNITY
|
West Huntington Beach
|
GARAGE SPACES
|
5.0
|
COUNTY
|
Orange
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Residential Income
|
|
|
AIR |
None |
APPLIANCES |
Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Range Hood |
AREA |
West Huntington Beach |
CONSTRUCTION |
Copper Plumbing, Drywall, Stucco |
FIREPLACE |
Yes |
GARAGE |
Assigned, Attached Carport, Door-Multi, Door-Single, Garage, Garage Door Opener, Yes |
HEAT |
Forced Air |
HOA DUES |
0 |
INTERIOR |
All Bedrooms Up, Balcony, Block Walls, Ceiling Fan(s), Multiple Staircases |
LOT |
6534 sq ft |
LOT DESCRIPTION |
2-5 Units/Acre, Landscaped, Lawn, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer |
PARKING |
Attached Carport,Assigned,Door-Multi,Door-Single,Garage,Garage Door Opener |
POOL DESCRIPTION |
None |
SEWER |
Sewer Tap Paid |
STORIES |
2 |
STYLE |
Contemporary |
SUBDIVISION |
Downtown Area (DOWN) |
UTILITIES |
Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected, Electric: 220 Volts in Garage |
VIEW DESCRIPTION |
None |
WATER |
Public |
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Listed with Ken Beaulieu, Broker
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 9/7/24 4:38 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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