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7561 Center Avenue

Huntington Beach, CA 92647

– beds
– baths
– sqft
1,307 sqft lot
1977 build
– on site

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Incredible Investment Opportunity!!! A Unique Property that features both an Income Generating Commercial and Residential Space. This Mixed Use Property is located in the Historic Old World Village located across from Bella Terra, Costco and near Golden West College. The current tenant occupies both spaces and has been in place since 2016. The Business is Thriving and the Tenant is seeking a Multi Year Extension with the New Owner. The Commercial Space has been Fully Modified and has been Permitted for Food and Beverage Service, which is a Huge Advantage in this Community. There is Ample Guest Parking and Signage Leading into The Community. The Residential Space features New Custom Cabinets and Granite in the Kitchen and Fully Remodeled Bathrooms as of 2015. It is an Excellent Two Bedroom, Two Bathroom layout with a Fireplace and Balcony. The Balcony overlooks the Backyard Patio Area, which is shared with the Commercial Space. The Property was Re-piped within the last five years. There is also a 1 Car Garage that can be included with the Lease or Rented out Separately !! This Mixed Use Community Features the Famous Oktoberfest Restaurant that hosts Oktoberfest Celebrations every year. Throughout the year The Village also hosts Dog Races, Car Shows, Farmers Markets, Craft Marketplace Events, etc. HOA dues are under $300 per month and include Trash and Water in addition to Common Area Maintenance. With a Steady and Solid ROI, Long Term Appreciation Potential in combination with a Low Maintenance Property, this is an Excellent Opportunity for any Savvy Investor.

Listed By CRMLS_CA / Karyn Sontag / Keller Williams OC Coastal Realty

Last checked: Checking… • Last updated Dec 9, 2024 •

MLS# OC22058849 —

The Building

Year Built:

1977
Year Built Source:

Assessor
New Construction:

No
Building Area Total:

1936.00
Building Area Units:

Square Feet
Total Number Of Units:

2
# of Buildings:

1
Stories Total:

2
Accessibility Features:

None
Common Walls:

2+ Common Walls
# of Separate Gas Meters:

1
# of Separate Water Meters:

1
# of Separate Electric Meters:

1

Interior

Features:

Balcony, Granite Counters, Living Room Balcony, Open Floorplan
Levels:

Two
Flooring:

Tile, Wood
Room Type:

All Bedrooms Down
Fireplace:

Yes
Fireplace:

Living Room
Laundry:

Dryer Included, In Kitchen, Washer Included
Laundry:

1

Financial & Terms

Disclosures:

CC And R's, Homeowners Association

Location

Directions:

Beach Blvd./405 to Center Avenue
Latitude:

33.73471500
Longitude:

-117.99711700

The Property

Property Type:

Residential Income
Subtype:

Commercial/Residential
Property Condition:

Updated/Remodeled
Zoning:

C-1
Lot Features:

0-1 Unit/Acre, Near Public Transit
Lot Size Area:

1307.0000
Lot Size Acres:

0.0300
Lot Size SqFt:

1307.00
Lot Size Source:

Assessor
View:

None
Fencing:

Redwood
Fence:

Yes
Security Features:

24 Hour Security
Road Frontage:

City Street
Road Surface Type:

Paved
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

997.03
Tax Tract:

9119
Tax Lot:

6

The Listing

Special Listing Conditions:

Standard
Parcel Number:

14247406
Showings Begin:

2022-04-04

Heating & Cooling

Heating:

1
Heating:

Central
Cooling:

Yes
Cooling:

Central Air

Utilities

Utilities:

Cable Available, Sewer Connected, Water Connected
Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Dishwasher, Refrigerator
Included:

Yes

The Community

Neighborhood:

Old World Village
Features:

Storm Drains
Association Amenities:

Maintenance Grounds, Security
Association:

Old World Village
Association:

Yes
Association Fee:

$249
Association Fee Frequency:

Monthly
Pool:

None
Senior Community:

No
Private Pool:

No
Spa Features:

None
Assessments:

Yes
Assessments:

Unknown

Parking

Parking:

Yes
Parking:

Garage - Single Door, Garage Door Opener, Permit Required
Parking Spaces:

1.00
Garage Spaces:

1.00

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Sale history

Date	Source	Price	% Change
2/14/24 Feb 14, 2024	BRIDGE	$840,000
10/13/23 Oct 13, 2023	BRIDGE	$840,000
10/12/23 Oct 12, 2023	CRMLS_CA	$840,000	-1.1%

Multifamily Sold on 5/9/2022

$773,000

Listing provided by broker:

Karyn Sontag

Keller Williams OC Coastal Realty

Newest listings in Huntington Beach, CA

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Listing Courtesy of: CRMLS_CA and Keller Williams OC Coastal Realty. Based on information from California Regional Multiple Listing Service, Inc. as of 14:57 on Apr 02.

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.

7561 Center Avenue

Huntington Beach, CA 92647