About 711 Williams Drive
Seller to supply financing as described below. Beautiful 3 unit building. Unit A Built by owner/broker to be to be owner occupied. Features a front 3 bedroom/2.5 bath with 2 car garage townhome style unit, B unit is 2 Bedrooms with family room used as 3rd bedroom and rear, C unit, is a 3 Bedroom/3 bath that includes a private 1 bedroom 1 bath downstairs suite with private entry and 2 bedrooms 2 bath upstairs. Building is in excellent condition with complete termite just 2 months ago. Must see to appreciate. Do not disturb tenants. Call Broker for financing and cash requirements. Partnership is dissolving as one partner passed and heir wants to sell her 50% as cash. Surviving Partner, who is Listing Broker and the builder, requires caring a 1st TD in amount not less $900,000. Call Broker/Partner for terms. Will request a 30 year amortized or interest only loan. Interest to be adjustable with initial rate to be below market and adjust yearly to remain less than current market pricing. Prepayment penalty equal to capital gain and depreciation tax liability for surviving partner and assumability with approval. Will negotiate terms to meet buyers needs but will have to understand seller/partner/broker desire not have the mortgage paid off prematurely. Surviving Partner/Seller/Broker will also consider a partnership with new partner to replace the heir. Heir does require cash as her compensation. Broker to retain management.
Features of 711 Williams Drive
| MLS® # | OC24144896 |
|---|---|
| Price | $2,100,000 |
| Bedrooms | 8 |
| Bathrooms | 8.00 |
| Acres | 0.15 |
| Year Built | 1986 |
| Type | Residential Income |
| Sub-Type | Triplex |
| Style | Contemporary |
| Status | Active |
Community Information
| Address | 711 Williams Drive |
|---|---|
| Area | 15 - West Huntington Beach |
| Subdivision | Downtown Area (DOWN) |
| City | Huntington Beach |
| County | Orange |
| Zip Code | 92648 |
Amenities
| Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
|---|---|
| Parking Spaces | 7 |
| Parking | Attached Carport, Assigned, Door-Multi, Door-Single, Garage, Garage Door Opener |
| # of Garages | 5 |
| Garages | Attached Carport, Assigned, Door-Multi, Door-Single, Garage, Garage Door Opener |
| View | None |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Interior | Carpet, Laminate, Tile |
|---|---|
| Interior Features | Ceiling Fan(s), Multiple Staircases, All Bedrooms Up, Balcony, Block Walls |
| Appliances | Dishwasher, Disposal, Gas Range, Microwave, Range Hood, Gas Water Heater |
| Heating | Forced Air |
| Cooling | None |
| Has Basement | No |
| Fireplace | Yes |
| Fireplaces | Living Room |
| # of Stories | 2 |
| Stories | Two |
Exterior
| Exterior | Stucco, Copper Plumbing, Drywall |
|---|---|
| Lot Description | Lawn, Landscaped, 2-5 Units/Acre, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer, Sprinkler System |
| Windows | Screens |
| Roof | Composition |
| Construction | Stucco, Copper Plumbing, Drywall |
| Foundation | Concrete Perimeter |
Additional Information
| Date Listed | July 15th, 2024 |
|---|---|
| Days on Market | 61 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Leased Land | Fee |
| Senior Community | No |
Listing Details
| Agent | Ken Beaulieu |
|---|---|
| Office | Ken Beaulieu, Broker |