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.
Sold for $839,000 on 01/18/24
Listing Provided by:
Holly McDonald DRE #01892567 949-438-4340,
Compass Newport Beach
$839,000
7561 Center Ave STE 6, Huntington Beach, CA 92647
2beds
1,936sqft
Mixed Use
Built in 1977
1,307 Square Feet Lot
$891,000 Zestimate®
$433/sqft
$3,779 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: January 18, 2024 at 03:30pm
Listing Provided by:
Holly McDonald DRE #01892567 949-438-4340,
Compass Newport Beach
Bought with:
Hang-Ny Nguyen, DRE #02104933
HPT Realty
Long Nguyen, DRE #01391629
Advance Estate Realty
Source: CRMLS,MLS#: PW23180636
Originating MLS: California Regional MLS

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Cooling
- Central Air
Appliances
- Included: Dishwasher, Gas Range
- Laundry: In Kitchen
Features
- Breakfast Area, All Bedrooms Up, Primary Suite
- Flooring: Laminate, Tile
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls,No One Above,No One Below
Interior area
- Total interior livable area: 1,936 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage
- Garage spaces: 1
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Patio & porch: Patio
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 1,307 sqft
- Features: Near Public Transit
Details
- Parcel number: 14247406
- Zoning: C-1
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Mixed Use
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1977
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Sidewalks
Location
- Region: Huntington Beach
- Subdivision: Old World (Owor)
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $294 monthly
- Amenities included: Maintenance Grounds, Security
- Association name: Old World Village
- Association phone: 949-225-0200
Other
Other facts
- Listing terms: Cash,Cash to New Loan,Conventional,Owner May Carry,Submit
Services availability
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$891,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$891,000