NOT LISTED FOR SALE
6 Beds
4 Baths
2,614 Sq Ft
8,229 Sq Ft Lot

Last Sold May 19, 2021

Last sale price $1,100,000 $421 Per Sq Ft

23 Days on Market

Highlights

  • No HOA
  • 2 Car Direct Access Garage
  • Back Yard
  • Ocean View High Rated A-
  • Laundry Room
  • 1-Story Property

About This Home

As of May 2021

Great Investment Opportunity ! Huntington Beach Duplex located on a Cul-De-Sac. Each unit has 3 Bedrooms and 2 Baths, attached enclosed garage, large private backyard, laundry hook-ups, separately meter (Electrical, Gas and Water) where the tenants pays for all utilities. Ideal property for both investors and owner-occupied. Property is located just blocks to schools and few miles to Beach, Bella Terra shopping center and 405 FWY

Last Agent to Sell the Property

Eric Reichert

OCProperties License #00967215 Listed on: 03/24/2021

Last Buyer's Agent

Eduardo Cervantes

Supreme Legacy Homes License #01506039

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 8,229 Sq Ft Lot
  • 1 Common Wall
  • Back Yard

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Driveway

Home Design

  • Duplex

Interior Spaces

  • 2,614 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for all utilities, electricity, gas, water
  • Tax Lot 23
  • Tax Tract Number 5039
  • Assessor Parcel Number 16749219

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Gardener Expense $840
  • Insurance Expense $1,499
  • New Taxes Expense $11,337
  • Operating Expense $13,676
  • Gross Income $58,124
  • Net Operating Income $44,452

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • CapRate: 4.14
  • Property Attached: Yes
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 840.00
  • Parcel Number: 16749219
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 420.81

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Concrete
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • 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: Back Yard
  • Lot Size Sq Ft: 8229.00
  • Lot Size Acres: 0.1889

Rental Info

  • Tenant Pays: All Utilities, Electricity, Gas, Water

Multi Family

  • Gross Income: 58124.00
  • Gross Multiplier: 18.50
  • Gross Operating Income: 58128.00
  • Gross Scheduled Income: 58128.00
  • Gross Spendable Income: 32459.00
  • Insurance Expense: 1499.00
  • Lot Size Area: 8229.0000 Square Feet
  • Net Operating Income: 44452.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Range: 1
  • Operating Expense: 13676.00
  • Rent Control: Yes
  • Total Actual Rent: 4365.00
  • Total Expenses: 13676.00

Tax Info

  • New Taxes Expense: 11337.00
  • Tax Census Tract: 992.12
  • Tax Lot: 23
  • Tax Tract Number: 5039

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
05/19/2021 05/19/21 Sold $1,100,000 -2.2% $421 / Sq Ft
04/16/2021 04/16/21 Price Changed $1,125,000 +4.7% $430 / Sq Ft
03/24/2021 03/24/21 For Sale $1,075,000 -- $411 / 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: OC21058571

California Regional Multiple Listing Service (CRMLS)

APN: 167-492-19