7561 Center Avenue, Unit 30

Huntington Beach, CA 92647

$847,000
Last Sold Price
2
Beds
3
Baths
1,836 Sq. Ft.
$461 / Sq. Ft.
1,836
Sq. Ft.
$461
per Sq. Ft.

Description

Fantastic investment opportunity to in Old World Village! The combination of commercial space downstairs and living space upstairs offers great flexibility. The location, just steps from Center Ave and the parking lot, is very convenient. Nicely updated 2 bed, 1 bath upstairs unit provides a comfortable living space (currently tenant occupied), while the commercial unit below offers potential for various future business ventures (commercial space is currently occupied). Old World Village itself seems...Fantastic investment opportunity to in Old World Village! The combination of commercial space downstairs and living space upstairs offers great flexibility. The location, just steps from Center Ave and the parking lot, is very convenient. Nicely updated 2 bed, 1 bath upstairs unit provides a comfortable living space (currently tenant occupied), while the commercial unit below offers potential for various future business ventures (commercial space is currently occupied). Old World Village itself seems like a charming and vibrant community, with its cobblestone streets and a variety of stores including restaurants, coffee shops, and and lots of other specialty shops. Includes detached garage with storage. Being conveniently located off the 405 freeway and Beach Blvd, and across from Bella Terra Mall, provides easy access to many more shopping options within walking distance. Overall, this live/work space in Old World Village is a great opportunity for someone looking to combine their business and living spaces in a charming community.

Listing Agent

  1. Kevin Sullivan

    Kevin Sullivan

    Listing Agent

    Compass

    DRE #01736751

Property Details for 7561 Center Avenue, Unit 30

View
None
Parking Spaces Total
1
Private Pool
No
Cooling Type
Central
Total Units
1.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
1836

Location

Listing Courtesy of Compass, Kevin Sullivan, DRE #01736751

Sold By NONMEMBER MRML, General NONMEMBER, DRE #NONMEMBER

Add your commute
LISTING UPDATED: 04/28/2024 01:13 AM

Property Details for 7561 Center Avenue, Unit 30

StatusClosed
MLS #OC23191142
Days on Market124
Taxes-
HOA Fees$268 / month
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeResidential Income
Year Built1976
Lot Size0.03 AC / 1,307 SF
CountyOrange County

Location

Listing Courtesy of Compass, Kevin Sullivan, DRE #01736751

Sold By NONMEMBER MRML, General NONMEMBER, DRE #NONMEMBER

Add your commute

Building Information for 7561 Center Avenue, Unit 30

Stories2Year Built1976Building Size-Lot Size0.03 AC / 1,307 SF

Payment Calculator

$4,890 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,622

Property Taxes

—

HOA Dues

$268

The Payment Calculator is for illustrative purposes only.

Property Information for 7561 Center Avenue, Unit 30

Rental Info
Rental Info
  • Tenant Pays: All Utilities
  • Pets Allowed: Call
Income / Expense / Tax Details
Income Details
  • Gross Income: $50,400
  • Gross Scheduled Income: $50,400
  • Net Operating Income: $36,260
  • Cap Rate: 4.31
  • Financing: Cash To Existing Loan
Expense Details
  • Operating Expense: $14,140
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $1,900
  • Professional Management Expense: $2,800
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $3,400
Tax / Assessment Info
  • Tax Tract Number: 9119
  • Tax Census Tract: 997.03
  • Tax Lot: 30
Community / Development
Community / Development
  • Association Amenities: Call for Rules, Management
  • Assessments YN: No
  • Assessments: None
  • Community Features: Sidewalks, Street Lights
  • Complex Name: Old World Village
  • Association Name: Old World Village
  • Association Phone: 949-225-0200
Property / Structure Info
Interior Features
  • Room Type: All Bedrooms Up
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Bedroom Features: All Bedrooms Up
  • Laundry: Yes
  • Laundry Features: In Closet, Stackable
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Central Air
  • Heating Type: Central
  • Heating: Central
  • Flooring: Laminate
Exterior Features
  • Entry Location: 1
  • Structure Type: Mixed Use
  • View Description: None
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Lot Features: Back Yard
  • Lease Considered: No
  • Number Of Units: 1
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 1
  • Parking: Yes
  • Parking Garage: Garage - 1 Car
  • Parking Garage Spaces: 1
  • Carport Spaces: 0
  • Attached Garage: No
  • Parking Features: Garage - Single Door
Property / Structure Info
  • Builders Tract Name: Old World
  • Builders Tract Code: Old World (OWOR)
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,300
  • Unit Type Total Rent: $2,300
  • Unit Type Pro Forma: 2400
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,900
  • Unit Type Total Rent: $1,900
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 2
Unit Information
  • Number Of Units Leased: 1
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1

Property History for 7561 Center Avenue, Unit 30

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 7561 Center Avenue, Unit 30

This home is within Ocean View School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Westmont Elementary School
PublicK to 5

Spring View Middle School
Public6 to 8

Marina High School
Public9 to 12

Coast High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Kevin Sullivan, DRE #01736751

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.