NOT LISTED FOR SALE
9 Beds
7 Baths
4,304 Sq Ft
6,970 Sq Ft Lot

Sale Details

Date Sold: January 6, 2018

Last sale price $1,550,000 $360 Per Sq Ft

149 Days on Market

Highlights

  • Property is near park
  • Lawn
  • Laundry Room
  • Ocean View High Rated A-
  • Cul-De-Sac
  • 4-minute walk to Murdy Park

About This Home

As of January 2018

Covington Style Four Plex-- This large four-unit complex is located on a quiet cul-de-sac street in the heart of Huntington Beach. The property consists of One - 3 bedroom / 2 bathroom unit, Two - 2 bedroom / 2 bathroom units, and One - 2 bedroom / 1 bathroom Unit. This Pride of Ownership Property currently has the owner living in the front 3 bedroom unit. Located less than a mile to Golden West College & Bella Terra Mall, this real estate is also located only 4 miles from the beach and is in one of the most desirable locations of southern California.

Last Agent to Sell the Property

Pat Swanson

Pat Swanson License #01382974 Listed on: 05/23/2017

Last Buyer's Agent

Mike Hsu

Aramis Realty Group Inc. License #01154064

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1969

Lot Details

  • 6,970 Sq Ft Lot
  • No Common Walls
  • Cul-De-Sac
  • Lawn

Parking

  • 4 Car Garage

Home Design

  • Quadruplex

Interior Spaces

  • 4,304 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 7 Bathrooms

Additional Features

  • Property is near park
  • Central Heating

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 6371
  • Assessor Parcel Number 14241121

Community Details

Building Details

  • 5 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Operating Expense $27,503
  • Gross Income $87,900
  • Net Operating Income $58,455

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1969

Lot Details

6,970 Sq Ft Lot

Parking

4

Listing Details

  • CapRate: 3.70
  • Property Attached: No
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 14241121
  • Year Built: 1969
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: No Common Walls
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 360.13

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac, Lawn, Park Nearby
  • Lot Size Sq Ft: 6970.00

Multi Family

  • Average2 Bed Area: 1100 Square Feet
  • Average3 Bed Area: 1250 Square Feet
  • Gross Income: 87900.00
  • Gross Scheduled Income: 87900.00
  • Net Operating Income: 58455.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 27288.00
  • Operating Expense Percent: 32.00
  • Rent Control: No
  • Total Expenses: 27503.00

Tax Info

  • Tax Census Tract: 994.11
  • Tax Lot: 8
  • Tax Tract Number: 6371
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/06/2018 01/06/18 Sold $1,550,000 -1.9% $360 / Sq Ft
08/31/2017 08/31/17 Price Changed $1,580,000 -1.3% $367 / Sq Ft
05/23/2017 05/23/17 For Sale $1,600,000 +31.1% $372 / Sq Ft
02/06/2014 02/06/14 Sold $1,220,000 -6.2% $284 / Sq Ft View Prior Sale
12/28/2013 12/28/13 Pending -- -- --
11/26/2013 11/26/13 For Sale $1,300,000 -- $302 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $20,010 $1,763,634 $1,578,251 $185,383
2024 $20,010 $1,729,053 $1,547,304 $181,749
2023 $19,557 $1,695,150 $1,516,964 $178,186
2022 $19,271 $1,661,912 $1,487,219 $174,693
2021 $18,920 $1,629,326 $1,458,058 $171,268
2020 $18,709 $1,612,620 $1,443,108 $169,512
2019 $18,385 $1,581,000 $1,414,811 $166,189
2018 $15,312 $1,314,390 $1,142,358 $172,032
2017 $15,068 $1,288,618 $1,119,959 $168,659
2016 $14,453 $1,263,351 $1,097,999 $165,352
2015 $14,233 $1,244,375 $1,081,506 $162,869
2014 $10,743 $921,367 $542,291 $379,076
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC17114484

California Regional Multiple Listing Service (CRMLS)

APN: 142-411-21

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