$2,250,000
$250K PRICE DROP

Estimated payment $14,713/month

Total Views 8,367
9 Beds
7 Baths
4,580 Sq Ft
$491 Price per Sq Ft

Highlights

  • Craftsman Architecture
  • Property is near a park
  • Quartz Countertops
  • College View Elementary School Rated 9+
  • Main Floor Primary Bedroom
  • 2-minute walk to Murdy Park

About This Home

FOUR PLEX IN THE HEART OF HUNTINGTON BEACH! DESIRABLE COVINGTON MODEL: FOUR UPGRADED UNITS; FOUR TENANT OCCUPIED UNITS WITH EXCELLENT TENANTS. GREAT LOCATION! EXCELLENT FOR INVESTORS. UNIT 1) 3/2, SINGLE LEVEL, INCLUDES A CONVENIENT BACK ENTRANCE THROUGH PRIMARY BEDROOM, ENCLOSED SIDE YARD W/GATE ACCESS, FIREPLACE, PLUS ADDITIONAL PARKING SPOT. UNIT 2) 2/2, SINGLE LEVEL, LARGE ENCLOSED PATIO, PLUS ONE ADDITIONAL PARKING SPOT. UNIT 3) 2/1/1.5, TWO STORY, ENCLOSED PATIO W/GATE ACCESS TO PARKING LOT. UNIT 4) UPSTAIRS CARRIAGE UNIT, 2/1, SINGLE LEVEL, FRONT BALCONY. EACH UNIT HAS A SHARED GARAGE, COMMUNITY LAUNDRY ROOM WITH INCOME GENERATING MACHINES, CONVENIENT MAIL DROP IN FRONT DOOR. LANDSCAPED BREEZEWAY, ALL UNITS REMODELED WITH QUARTZ COUNTERS, SHAKER CABINETS, NEW APPLIANCES, LAMINATE FLOORING THROUGHOUT, NEW WINDOWS, RECESSED LIGHTING, CEILING FANS IN ALL UNITS, NEW HEATER IN ALL UNITS INSTALLED 2 YEARS AGO . INTERIOR AND EXTERIOR PAINTED TWO YEARS AGO. TENTED ONE YEAR AGO. GOOD CASH FLOW OPPORTUNITY. LESS THAN 10 MINUTE DRIVE TO BEACH, EASY ACCESS TO FREEWAYS, CONVENIENTLY LOCATED TO RESTAURANTS, SHOPS, SCHOOLS, PARKS, AND TRANSPORTATION.

Listing Agent

Loretta Pierce

Keller Williams Realty Brokerage Phone: 949-689-6464 License #01888449 Listed on: 03/15/2025

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1967

Lot Details

  • 7,841 Sq Ft Lot
  • Property fronts an alley
  • Two or More Common Walls
  • West Facing Home
  • Wood Fence
  • Landscaped
  • Level Lot
  • Front Yard

Parking

  • 4 Car Garage
  • Parking Available
  • Two Garage Doors
  • Assigned Parking

Home Design

  • Craftsman Architecture
  • Quadruplex
  • Turnkey
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 4,580 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • Recessed Lighting
  • ENERGY STAR Qualified Windows
  • Sliding Doors
  • Family Room
  • Living Room with Fireplace
  • Laminate Flooring
  • Laundry Room

Kitchen

  • Gas Cooktop
  • Free-Standing Range
  • Dishwasher
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 9 Bedrooms
  • Primary Bedroom on Main
  • 7 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting

Location

  • Property is near a park
  • Suburban Location

Utilities

  • Forced Air Heating System
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 10
  • Tax Tract Number 6391
  • Assessor Parcel Number 14241213
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Maintained Community

Amenities

  • Laundry Facilities

Recreation

  • Park
  • Dog Park
  • Bike Trail

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $432
  • Gardener Expense $100
  • Insurance Expense $1,909
  • Trash Expense $1,656
  • Water Sewer Expense $600
  • Operating Expense $36,804
  • Gross Income $102,800
  • Net Operating Income $102,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1967

Lot Details

0

Parking

4

Listing Details

  • Assessments: No
  • Inclusions: Each unit has a fridge.
  • Price Per Unit: 562500
  • Property Attached: Yes
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 600.00
  • Architectural Style: Craftsman
  • Property Condition: Turnkey
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 100.00
  • Parcel Number: 14241213
  • Year Built: 1967
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Quartz Counters, Recessed Lighting, Unfurnished
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Door Features: Sliding Doors
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 491.27
  • Room Type: Family Room, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom
  • Window Features: ENERGY STAR Qualified Windows

Exterior Features

  • Direction Faces: West
  • Foundation: Slab
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned, Garage - Two Door
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Disposal, Gas & Electric Range, Gas Cooktop, Refrigerator
  • Heating Type: Forced Air, Wall Furnace
  • Laundry Features: Community, Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 1656.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Amenities: Maintenance Grounds, Trash, Water
  • Senior Community: No
  • Community Features: Biking, Dog Park, Park, Sidewalks, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Landscaped, Level with Street, Park Nearby
  • Lot Size Sq Ft: 7841.00
  • Lot Size Acres: 0.1800

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Electric Expense: 432.00
  • Gross Income: 102800.00
  • Gross Scheduled Income: 138904.00
  • Insurance Expense: 1909.00
  • Laundry Income: 300.00
  • Lot Size Area: 7841.0000 Square Feet
  • Net Operating Income: 102000.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Patio: 3
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Operating Expense: 36804.00
  • Rent Control: No
  • Total Actual Rent: 11617.00
  • Total Expenses: 36804.00

Tax Info

  • Tax Census Tract: 994.11
  • Tax Lot: 10
  • Tax Tract: 6391
  • Tax Tract Number: 6391

Map

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 Change Sq Ft Price
07/20/2025 07/20/25 For Sale $2,250,000 0.0% $491 / Sq Ft
05/30/2025 05/30/25 Off Market $2,250,000 -- --
03/31/2025 03/31/25 Price Changed $2,250,000 -10.0% $491 / Sq Ft
03/15/2025 03/15/25 For Sale $2,500,000 -- $546 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25037643

California Regional Multiple Listing Service (CRMLS)

APN: 142-412-13