NOT LISTED FOR SALE

17061 A Ln Huntington Beach, CA 92647

Newland Neighborhood

Estimated Value: $1,166,681 - $1,304,000

6 Beds
3 Baths
1,776 Sq Ft
$690/Sq Ft Est. Value

Last Sold July 19, 2019

Last sale price $830,000 $467 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $7,288/month

25 Days on Market

Highlights

  • No HOA
  • Ocean View High Rated A-
  • 1-Story Property

About This Home

As of July 2019

Great investment opportunity! Currently, each of the units is occupied by long term tenants, which the new owner can take advantage of. The tenants have the benefit of individually metered utilities which provides for accuracy. There are plenty of amenities nearby, including, but not limited to shopping, dining, parks, and schools. Excellent opportunity and will go fast! Please call to schedule an appointment for showing

Last Agent to Sell the Property

Mary Nathan

Pacific Sotheby's Int'l Realty License #02052112 Listed on: 05/03/2019

Pacific Sotheby's Int'l Realty

Co-Listed By

Joele Romeo

Pacific Sotheby's Int'l Realty License #01878195

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,286

Year Built

  • Built in 1959

Lot Details

  • 6,098 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • Property Attached

Interior Spaces

  • 1,776 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Parking

  • 1 Parking Space
  • Parking Available
  • Parking Lot

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 298
  • Assessor Parcel Number 16732407

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,269
  • Trash Expense $748
  • Water Sewer Expense $1,265
  • Operating Expense $13,595
  • Gross Income $52,140
  • Net Operating Income $38,545

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,286

Year Built

Built in 1959

Lot Details

0

Listing Details

  • CapRate: 4.60
  • Property Attached: Yes
  • Subdivision Name Other: Huntington West (HWST)
  • Water Sewer Expenses: 1264.50
  • Zoning: R2
  • Property Type: Residential Income
  • Parcel Number: 16732407
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 467.34

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Parking Space
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 748.20
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6098.00
  • Lot Size Acres: 0.1400

Multi Family

  • Gross Income: 52140.00
  • Gross Scheduled Income: 35100.00
  • Insurance Expense: 1269.30
  • Lot Size Area: 6098.0000 Square Feet
  • Net Operating Income: 38545.08
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Number With Refrigerator: 3
  • Operating Expense: 1132.91
  • Rent Control: No
  • Total Actual Rent: 4345.00
  • Total Expenses: 13594.92

Tax Info

  • Tax Census Tract: 992.12
  • Tax Lot: 11
  • Tax Tract Number: 298

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 14, 2019
Sold by
West Coast Enterprises Llc
Bought by
Nguyen Kevin Huu and Nguyen Cindy Xuan
Current Estimated Value
$1,226,170

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$581,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 2013
Sold by
Ward Patrick
Bought by
West Coast Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,127
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2013
Sold by
West Coast Enterprises Llc
Bought by
Ward Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,127
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 2010
Sold by
Ward Patrick S
Bought by
West Coast Enterprises Llc

Purchase Details

Closed on
Nov 20, 2009
Sold by
West Coast Enterprises Llc
Bought by
Ward Patrick

Purchase Details

Closed on
Jun 4, 2008
Sold by
Ward Patrick S
Bought by
West Coast Enterprises Llc

Purchase Details

Closed on
Sep 25, 2001
Sold by
Walker Bryan and King Andrew C
Bought by
Ward Patrick S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,000
Interest Rate
5.96%
Mortgage Type
Balloon

Purchase Details

Closed on
Dec 15, 2000
Sold by
Dorris Louise Record 1987 Trust
Bought by
Walker Bryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,850
Interest Rate
7.71%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Nguyen Kevin Huu $830,000 Orange Coast Ttl Co Of Socal
West Coast Enterprises Llc -- None Available
Ward Patrick -- Equity Title Orange County-I
West Coast Enterprises Llc -- None Available
Ward Patrick -- None Available
West Coast Enterprises Llc -- None Available
Ward Patrick S $392,500 Lawyers Title Company
Walker Bryan -- Lawyers Title Company
King Andrew C -- Lawyers Title Company
Walker Bryan $256,500 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nguyen Kevin Huu $581,000
Previous Owner Ward Patrick $308,127
Previous Owner Ward Patrick S $314,000
Previous Owner Walker Bryan $230,850
Closed Ward Patrick S $39,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2019 07/19/19 Sold $830,000 -1.2% $467 / Sq Ft
05/03/2019 05/03/19 For Sale $840,000 -- $473 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $10,286 $907,723 $833,805 $73,918
2024 $10,286 $889,925 $817,456 $72,469
2023 $10,054 $872,476 $801,427 $71,049
2022 $9,907 $855,369 $785,713 $69,656
2021 $9,727 $838,598 $770,307 $68,291
2020 $9,618 $830,000 $762,409 $67,591
2019 $6,216 $519,786 $445,734 $74,052
2018 $6,078 $509,595 $436,995 $72,600
2017 $5,983 $499,603 $428,426 $71,177
2016 $5,742 $489,807 $420,025 $69,782
2015 $5,655 $482,450 $413,716 $68,734
2014 $5,545 $473,000 $405,612 $67,388
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Mary Nathan

    Pacific Sotheby's Int'l Realty

    Section Image
  • Joele Romeo

    Seller Co-Listing Agent in 2019

    Joele Romeo

    Pacific Sothebys

    (949) 717-7421

    82 Total Sales

    Joele Romeo
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP19104674

California Regional Multiple Listing Service (CRMLS)

APN: 167-324-07

California Orange County Huntington Beach 92647 Newland

17061 A Ln, Huntington Beach, CA

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