MLS® ID: OC18289807
16532 Delton Circle
Huntington Beach, California, 92647 $1,699,000
Highly sought after - Pride of Ownership AUTHENTIC COVINGTON 4-PLEX located at the end of an interior cul de sac street near Murdy Park - S/Heil & E./Goldenwest St. In 2010 this property was highly upgrade and remodeled to include new roof, newer double pained vinyl windows and sliding doors, Vinyl wood like floors (except #3 which has carpet), new cabinets, granite counter tops, appliances, new tubs, shower enclosures, toilets, window coverings and all new rear fencing in 2018. Interior remodeling of units #1 and #4 included opening up the wall between the kitchens and living rooms to create a very open, spacious and more modern floor plan (See photos). The very large common laundry room contains individual washer and gas dryer hook-ups for each tenant enabling tenants to each have their own washer and dryer... (Great Feature!). All but unit #4 have Forced Air Heat. #4 has wall heater. The extra large lot at the end of the cul-de-sac street allows for lots of extra parking, also a great added feature. Each tenant has an enclosed garage and additionally there are 5 open parking spaces plus street parking. Great current income is $96,300. Potential Market Rents of $104,340. Tenant occupancy dates are as follows: #1 = May 2018, #2 = Oct. 2018, #3 = 2011 #4 = in bldg. since 1993 and moved into unit #4 in 2010. Property was fumigated in 2010. Buyer to cooperate with Seller's 1031 Tax Deferred Exchange but not contingent on Seller closing up-leg.