NOT LISTED FOR SALE

16582 Jib Cir Unit 1-4 Huntington Beach, CA 92649

8 Beds
10 Baths
4,602 Sq Ft
7,841 Sq Ft Lot

Last Sold October 18, 2023

Last sale price $1,913,500 $416 Per Sq Ft

5 Days on Market

Highlights

  • No Units Above
  • No HOA
  • Cul-De-Sac
  • Harbour View Elementary School Rated A-
  • Neighborhood Views
  • Laundry Room

About This Home

As of October 2023

Fourplex in Huntington Beach with great income potential for investors or anyone looking to create passive income. Unit 1 presents a 3 bedroom, 2.5 bathroom floorplan, washer/dryer hookups, and small private yard. Units 2 and 3 feature a 2 bedroom, 2.5 bathroom floorplan, and small private yard. Unit 4 is located above the garages and features a 1 bedroom, 1 bathroom floorplan and no common walls. 1 car garages are designated to each unit and the additional parking spaces in the driveway are first come first serve. The community laundry room offers additional revenue. All tenants pay for their own utilities, while the landlord covers water and trash. The property was completely fumigated in 2022 and a new water heater installed in the laundry room at the beginning of 2023. Amazing location near several shopping centers, Meadowlark Golf Club, Bella Terra, and much more! Less than 10 minutes away from Bolsa Chica State Beach.

Last Agent to Sell the Property

Caesar Ruiz

Grason Homes License #01252075 Listed on: 09/27/2023

Co-Listed By

Amanda Bruner

Grason Homes License #01462502

Last Buyer's Agent

Kip Hancock

Torelli Realty License #01336886

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,215

Year Built

  • Built in 1977

Lot Details

  • 7,841 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • Cul-De-Sac
  • Wood Fence
  • Sprinkler System
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage
  • Parking Available
  • Single Garage Door
  • Shared Driveway

Home Design

  • Quadruplex
  • Entry on the 1st floor
  • Flat Roof Shape
  • Composition Roof
  • Asphalt Roof

Interior Spaces

  • 4,602 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Blinds
  • Window Screens
  • Sliding Doors
  • Living Room with Fireplace
  • Neighborhood Views

Kitchen

  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 8 Bedrooms
  • All Upper Level Bedrooms
  • 10 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Forced Air Heating System
  • Natural Gas Connected
  • Gas Water Heater
  • Central Water Heater

Additional Features

  • Rain Gutters
  • Urban Location

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 3
  • Tax Tract Number 9404
  • Assessor Parcel Number 17822201

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $271
  • Fuel Expense $2,785
  • Gardener Expense $780
  • Insurance Expense $2,900
  • Professional Management Expense $6,846
  • Trash Expense $3,584
  • Operating Expense $17,258
  • Gross Income $97,800
  • Net Operating Income $80,542

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,215

Year Built

Built in 1977

Lot Details

0

Parking

4

Listing Details

  • Inclusions: Each unit has a stove and dishwasher.
  • Professional Management Expense: 6846.00
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Unknown
  • View: Yes
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 780.00
  • Parcel Number: 17822201
  • Year Built: 1977
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Door Features: Sliding Doors
  • Entry Level: 1
  • Fireplace Features: Living Room, Gas
  • Levels: Two
  • Price Per Square Foot: 415.80
  • Room Type: All Bedrooms Up, Kitchen, Living Room
  • Window Features: Blinds, Screens

Exterior Features

  • Exterior Features: Rain Gutters
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Asphalt, Composition, Flat
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Garage - Single Door, Shared Driveway
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Gas Water Heater, Water Heater Central
  • Heating Type: Fireplace(s), Forced Air
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 3584.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Cul-De-Sac, Lot 6500-9999, Sprinkler System
  • Lot Size Sq Ft: 7841.00
  • Lot Size Acres: 0.1800

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 271.00
  • Fuel Expense: 2785.00
  • Gross Income: 97800.00
  • Gross Scheduled Income: 97800.00
  • Insurance Expense: 2900.00
  • Laundry Equipment Own Lease: Lease
  • Laundry Income: 324.00
  • Lot Size Area: 7841.0000 Square Feet
  • Net Operating Income: 80542.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Carpet: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Patio: 3
  • Number With Range: 4
  • Operating Expense: 17258.00
  • Rent Control: No
  • Total Actual Rent: 97800.00
  • Total Expenses: 17258.00

Tax Info

  • Tax Census Tract: 994.16
  • Tax Lot: 3
  • Tax Tract Number: 9404
  • Tax Annual Amount: 15215.00
  • Tax Year: 2022

Range of Values:

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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
10/18/2023 10/18/23 Sold $1,913,500 +0.8% $416 / Sq Ft
10/02/2023 10/02/23 Pending -- -- --
09/27/2023 09/27/23 For Sale $1,899,000 -- $413 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2023

    Caesar Ruiz

    Grason Homes

    (714) 716-2031

    19 Total Sales

    Caesar Ruiz
    Section Image

  • A

    Seller Co-Listing Agent in 2023

    Amanda Bruner

    Grason Homes

    (714) 716-2031

    26 Total Sales

    Amanda Bruner
    Section Image
  • Kip Hancock

    Buyer's Agent in 2023

    Kip Hancock

    Torelli Realty

    (714) 540-7355

    61 Total Sales

    Kip Hancock
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23174956

California Regional Multiple Listing Service (CRMLS)
California Orange County Huntington Beach 92649

16582 Jib Cir Unit 1-4, Huntington Beach, CA

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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