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8271 Kiner Drive Huntington Beach, CA 92646
$1,299,000

Property listed by Seven Gables Real Estate, Victoria Hill. IDX Contact: 714-500-3300

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  • David Oronoz

    David Oronoz

    Principal | Multifamily Investments

    DRE# 01838862

  • Bobby Aschtiani

    Bobby Aschtiani

    Principal | Multifamily Investments

    DRE# 02048373

  • Chris Pettit

    Chris Pettit

    Founder

    DRE# 01983950

Property Description

Residential Home Care Facility – currently occupied with two tenants. License is up to 6 occupants. Business has a house manager/administrator who has been there for over 25+ years. Private rooms rent for $5,500 and shared rooms rent for approximately $4,200. Fully occupied will bring in $27,000+ in rent per month. Owner will sell business for additional 50k. This allows the new owner to continue running the business from day 1 under the current license while they go through the process to get their own and keep the current occupants in place. Welcome to this charming single level home that sits on a spacious corner lot. 8271 Kiner Dr boasts 5-bedrooms, 3-baths and offers unlimited potential to its new owners. Currently used as a residential home care facility, this home has great bones and offers more than enough space for you and your loved ones. As you walk into the home’s formal living room that also features a fireplace and large glass sliding doors that lead to the back patio. As you continue into the home you find yourself in the open concept kitchen, family room, and dining space. This spacious room can become the epicenter of your home and will be able to host large gatherings. Kitchen features ample counter space and floor to ceiling wood cabinets, as well as a newer oven, and bar top seating/buffet bar leading into the dining room. The backyard offers tons of space to put in a garden, transform into a serene oasis or put in a spa & fire pit! This space also features a gazebo as well as mature trees and a new fence. Each room is spacious and with 3 bathrooms can be converted to have two master bedrooms.

Property Details & Features

Property Type

  • Residential Income

Year Built

  • 1956

House

  • 1 total stories
  • Built in 1956
  • Stories: 1
  • 2000 total building sqft
  • No Common Walls
  • One

Community

  • Street Lights
  • Sidewalks

Expenses

  • Insurance Expense: $3,584
  • Operating Expense: $88,444
  • Other Expense: $4,693

Garage

  • 2 garage spaces

Income

  • Gross Income: 48130
  • Gross Scheduled Income: 1116000
  • Net Operating Income: 48130

Laundry

  • In Garage

Listing

  • Listing ID: OC22172726
  • 4 days on market
  • Listed on 2022-08-05

Location

  • County: Orange
  • Subdivision: Other (OTHR)

Lot

  • 7326 sqft
  • 0.1682 acres
  • Area: 7326
  • 0-1 Unit/Acre

Parking

  • 2 total parking spaces

Property

  • Single building
  • 6 units

Sewer

  • Public Sewer

Tenant Pays

  • None

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