8402 Slater Avenue, Huntington Beach, California 92647, Huntington Beach, 92647 - bed, bath
ACTIVE$1,350,000
8402 Slater Avenue, Huntington Beach, California 92647
0Bed
0Bath
2,220Sqft
6,098Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Strong Cash Flow Investment: Legal duplex with a detached ADU provides three distinct income streams, making it an excellent cash-flow investment property.
Top Cons:
Property Age & Potential Updates: Built in 1968, the property is over five decades old, which may necessitate significant updates or maintenance to meet modern tenant expectations.
Compared to the nearby listings
Price:$1.35M vs avg $1.60M ($-250,000)40%
Size:2,220 sqft vs avg 3,761 sqft20%
Price/sqft:$608 vs avg $46580%
More Insights
Built in 1968 (57 years old).
Condition: Built in 1968, this property shows its age despite some visible updates. The kitchens feature a mix of newer cabinets and countertops with older appliances, and the bathrooms appear basic and dated. While functional and livable, the property requires minor updates to meet current aesthetic standards and may need more significant renovations to major systems given its age. The mixed flooring and general condition suggest regular upkeep but not a comprehensive recent renovation.
Year Built
1968
Close
-
List price
$1.35M
Original List price
$1.39M
Price/Sqft
$608
HOA
-
Days on market
-
Sold On
-
MLS number
PW25163693
Home ConditionFair
Features
View-
About this home
GREAT CASH-FLOW INVESTMENT PROPERTY! Legal duplex with detached ADU. 2beds/1bath for each unit duplex and a studio for the detached ADU with 1 car garage. 10minutes driving to the beach and property is right across from Lakeview school.
Nearby schools
6/10
Lake View Elementary School
Public,•K-5•0.1mi
7/10
Vista View Middle School
Public,•6-8•1.4mi
5/10
Ocean View High School
Public,•9-12•1.1mi
Condition Rating
Fair
Built in 1968, this property shows its age despite some visible updates. The kitchens feature a mix of newer cabinets and countertops with older appliances, and the bathrooms appear basic and dated. While functional and livable, the property requires minor updates to meet current aesthetic standards and may need more significant renovations to major systems given its age. The mixed flooring and general condition suggest regular upkeep but not a comprehensive recent renovation.
Pros & Cons
Pros
Strong Cash Flow Investment: Legal duplex with a detached ADU provides three distinct income streams, making it an excellent cash-flow investment property.
Prime Coastal Location: Situated in Huntington Beach, just a 10-minute drive to the beach, enhancing its desirability and rental appeal.
Immediate School Proximity: Directly across from Lake View Elementary School, offering unparalleled convenience for families with young children.
Recent Price Adjustment: A $40,000 price reduction from the original list price signals potential value and seller flexibility.
Multi-Unit Configuration: The presence of a duplex and a detached ADU provides diversified rental income and flexibility for various tenant types.
Cons
Property Age & Potential Updates: Built in 1968, the property is over five decades old, which may necessitate significant updates or maintenance to meet modern tenant expectations.
Limited Bathroom Count: Each duplex unit features only one bathroom, and the ADU is a studio, which could be a drawback for some prospective tenants or owner-occupants.
Lack of Scenic Views: The property does not offer any notable views, which might limit its appeal compared to properties with ocean or city vistas.