NOT LISTED FOR SALE

16752 Sims Ln Huntington Beach, CA 92649

1 Bed
1 Bath
4,752 Sq Ft
8,160 Sq Ft Lot

Last Sold April 16, 2012

Last sale price $915,000 $193 Per Sq Ft

62 Days on Market

Highlights

  • Wood Flooring
  • Wood Siding
  • 4-minute walk to Wieder Park
  • Harbour View Elementary School Rated A-
  • Heating System Uses Natural Gas

About This Home

As of April 2012

4-plex off Warner between Algonquin & Bolsa Chica. Terrific clean street with good income units. All units have hard wood floors, some with granite counters. 1) 3 bedroom 2.5 bath lower back unit with a yard, and nice open kitchen/dining/living room area. This unit also has inside laundry. All bedrooms are upstairs. 2 & 3) These are mirror units of each other. One is a first floor unit & the other is directly on top of it. Both units have grass yards. They are both 1 bedroom units, not studios. The upper unit has both an enclosed yard & balcony. The lower unit has on a small yard off the the livingroom. 4) This is a carrage unit which sits over the garages. This is an independent building from the other 3 units. The 4th unit is a 2 bedroom 1.5 bath with a larger balcony. The 4 garages are all one car garage. DO NOT DISTURB TENANTS --- all units are at market rent --- DO NOT DISTURB TENANTS

Last Agent to Sell the Property

Alexandria Camargo

The Realty System License #01419927 Listed on: 10/16/2011

Last Buyer's Agent

Jessica Louie

Great American Realty Services License #01831379

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1976

Lot Details

  • 8,160 Sq Ft Lot
  • Lot Dimensions are 60x136

Parking

  • 4 Car Garage

Home Design

  • 4,752 Sq Ft Home
  • Composition Roof
  • Wood Siding
  • Stucco

Kitchen

  • Gas Oven or Range
  • Range

Flooring

  • Wood
  • Laminate

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Water Heater
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection, water
  • Tax Lot 17
  • Tax Tract Number 349
  • Assessor Parcel Number 17824202

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Electric Expense $360
  • Gardener Expense $840
  • Other Expense $1,500
  • Professional Management Expense $3,600
  • Trash Expense $2,100
  • Water Sewer Expense $1,500
  • Gross Income $6,176
  • Net Operating Income $45,446

Property Details

Home Type

Multi-Family

Year Built

Built in 1976

Lot Details

0

Parking

4

Listing Details

  • Assessments: No
  • CapRate: 4.66
  • Professional Management Expense: 3600.00
  • View: No
  • Water Sewer Expenses: 1500.00
  • Zoning: MFD
  • Property Type: Residential Income
  • Gardener Expense: 840.00
  • Parcel Number: 17824202
  • Year Built: 1976
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Flooring: Laminate, Wood
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 192.55

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: No
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Connected
  • Heating: No
  • Laundry: No
  • Appliances: Free Standing, Gas Cooking, Range, Water Heater
  • Heating Type: Natural Gas, Wall Furnace
  • Sewer: Sewer Paid
  • Trash Expense: 2100.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size: 60X136
  • Lot Size Sq Ft: 8160.00
  • Lot Size Acres: 0.1870

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection, Water

Multi Family

  • Average1 Bed Area: 800
  • Average2 Bed Area: 1100
  • Average3 Bed Area: 1400
  • Electric Expense: 360.00
  • Gross Income: 6176.00
  • Gross Multiplier: 13.16
  • Gross Scheduled Income: 74100.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 8160.0000 Square Feet
  • Net Operating Income: 45446.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Disposal: 4
  • Number With Patio: 2
  • Number With Refrigerator: 2
  • Operating Expense: 24960.00
  • Operating Expense Percent: 35.00
  • Other Expense: 1500.00
  • Other Expense Description: repairs
  • Total Actual Rent: 74112.00
  • Vacancy Allowance: 3705
  • Vacancy Allowance Rate: 5.00

Tax Info

  • Tax Lot: 17
  • Tax Tract Number: 349

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
04/16/2012 04/16/12 Sold $915,000 0.0% $193 / Sq Ft
03/10/2012 03/10/12 Rented $1,225 0.0% --
03/08/2012 03/08/12 Under Contract -- -- --
03/01/2012 03/01/12 For Rent $1,225 0.0% --
02/06/2012 02/06/12 Rented $1,225 -2.0% --
02/06/2012 02/06/12 Under Contract -- -- --
02/01/2012 02/01/12 For Rent $1,250 0.0% --
12/17/2011 12/17/11 Pending -- -- --
10/16/2011 10/16/11 For Sale $975,000 -- $205 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P801992

California Regional Multiple Listing Service (CRMLS)

APN: 178-242-02