boutique offices in huntington beach...boutique offices in huntington beach 18586-92 main st.,...

Boutique Offices in Huntington Beach 18586-92 Main St., Huntington Beach, CA 92648

Exclusively Presented By:

PHIL SEYMOUREXECUTIVE VICE PRESIDENT | BRE #00630158148 S. BEVERLY DR., BEVERLY HILLS, CA90212 310.612.9800 | [email protected] | WWW.THESEYMOURGROUP.NET

Elite Properties Realty 148 South Beverly Drive Beverly Hills, California 90212 Lic # 00878444 Ph 310.271.4040 Fax 310.271.1463 www.theseymourgroup.net

Offering Price:$1,100,000.00 (18586) $760,000.00 (18592) Combined: $1,860,000.00

Sale is subject to Court Confirmation. Contact Agent for full details.

The information and calculations presented are deemed to be accurate, but not guaranteed and we are not responsible for its correctness.

BUILDINGS: 18586: 3,320 sq.ft.;

TOTAL SQUARE FOOTAGE:

LOT:

BUILT:

ZONING:

APN:

PARKING:

5,776 sq. ft.

1985

Commercial C-4

159-102-30 & 159-102-29

20 Spaces including 1 handicapped

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Owner-User or Partial User Vacant upon Close of Escrow or possible leaseback Parking Ratio is 3.46 per Thousand Extremely hard to find smaller user buildings Superior Location

Opportunity to purchase one or both 18586 and 18592 Main St., Huntington Beach, CA 92648. Properties located on adjoined lots. If purchased separately, both escrows must close concurrently. High Density office spaces with excellent street visibility and street front signage. Across street from major retail center.Excellent professional space, Alarm System 18592 Main St. has a full kitchen with all appliances, two restrooms, upstairs with a shower, highly improved oak highlights with fireplace in main office. Bonus freestanding garage with elevator lift.

Summary:

Property Details:

Investment Highlights:



18592: 2,456 sq.ft. (per title)

18586: 8,616 sq.ft.; 18592: 7,820 sq.ft.; Total: 16,732 sq.ft.


Huntington Beach is home to more than 650 industrial businesses, industrial manufacturers, and technology enterprises, and is widely considered to be a popular tourist destination. Located 18 miles southeast of Los Beach, 35 miles southeast of LA, and 90 miles northwest of San Diego, it has been designated as one of the best places to live in Orange County by the Orange County Register.

With a backdrop of palm trees, landscape gardens, ocean front resorts, and the bustling communities that develop from tech and tourism industries, Huntington Beach attracts local and global patrons and has seen a steady population growth that continues to sustain recreational, educational, and entrepreneurial growth.

Location Description



__> subject property



18592 Main St


Plat Map


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Proforma Income Statement



Income (Annual)

Rental Income

$19,350$3,200$7,981

$10,913$1,987$4,880

Real Estate Taxes InsuranceUtilitiesRepairs & Maintenance General Administrative Management Reserves $600

Total Operating Expenses ($48,911)

Net Operating Income $104,199

CAP 5.6%PRICE $1,860,000Per Bldg SF $322

Effective Gross Income

Expenses

PROFORMA RENTS

($9,773)

$162,883

Vacancy$153,110

(6%)


$28.20 sq. ft. FSG

boutique offices in huntington beach...boutique offices in huntington beach 18586-92 main st.,...

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