About This Home
This 3-bedroom, 3-bathroom townhouse at 8226 Pennington Dr in Huntington Beach, CA is listed for $864,000 ($583 per sqft). Built in 1964, the home offers 1,482 sqft of living space on a 0.04 acres lot.
Key Features
- Built in 1964
- 0.04 acre lot
- 2 stories
- 2 parking spaces
- Fireplace
Property Details
Amenities
Located in the highly sought-after beach-close community of Surfside by the Sea, this spacious townhome has the largest floor plan in the neighborhood. Residents enjoy resort-style amenities, including two swimming pools, a clubhouse, playgrounds, a basketball court, and scenic walking trails.
Originally designed as a four-bedroom home, it has been thoughtfully reconfigured into a spacious three-bedroom, two-and-a-half-bath residence. Additional features include a private patio, tasteful upgrades throughout, and a two-car garage. This is an outstanding opportunity for an investor seeking immediate value without the hassle of finding tenants or managing a rental.
The seller is willing to offer the property at a discounted price if she and her daughter can lease the home back for two years, allowing her daughter to finish high school through June 2028.The discounted purchase price reflects the value of the two-year leaseback, and the seller will continue to pay the monthly HOA dues during the lease term.
It's a true win-win: the buyer acquires a desirable property at a below-market price with a reliable occupant already in place, while both buyer and seller may benefit from a lower property tax basis resulting from the reduced purchase price.
Monthly Cost Estimate
$5,021/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
8226 Pennington Dr
Huntington Beach, CA 92646
Surfside (SURF)
Property Details
Parking
Appliances
Questions & Answers
This 3-bedroom, 3-bathroom townhouse at 8226 Pennington Dr is listed at $864,000 ($583/sqft). The estimated monthly payment is $5,021 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.
HOA fees are $400/month.
Key features include: Built in 1964, 0.04 acre lot, 2 stories, 2 parking spaces, Fireplace.
This property is listed by Cheryl Coleman and can be reached at 7147171728.