Seller's Agent in 2023
Scott Gibson
Gibson Group
(714) 812-4000
55 Total Sales
18552 Demion Ln Huntington Beach, CA 92646
9
Beds
7
Baths
4,348
Sq Ft
7,453
Sq Ft Lot
Highlights
- No HOA
- Park
- Rectangular Lot
- Ethel Dwyer Middle Rated A-
- Laundry Room
About This Home
As of July 2023Fabulous Covington 4-plex centrally located in Huntington Beach. This property is adjacent to Helme Park, walking distance to shopping/restaurants, close proximity to freeways and a short bike ride to world renowned beaches. This income producing 4plex is made up of one 3 bd/2 bath unit with a 2 car garage, two 2 bd/2 bath units, and one 2bd/1 bath unit. Two of the units have been updated. All units have garages with new roll up style doors with openers, along with washer/dryer hookups. This property has been well maintained and is easy to keep fully occupied since it's in a highly desirable part of Huntington Beach with great schools. Don't miss out on this opportunity!
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1971
Lot Details
- 7,453 Sq Ft Lot
- Two or More Common Walls
- Rectangular Lot
- Level Lot
Parking
- 5 Car Garage
Home Design
- Quadruplex
Interior Spaces
- 4,348 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 9 Bedrooms
- 7 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Tax Lot 34
- Tax Tract Number 4663
- Assessor Parcel Number 15750109
- $1,006 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 4 Units
Recreation
- Park
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $3,048
- Trash Expense $2,817
- Water Sewer Expense $1,809
- Operating Expense $7,674
- Gross Income $124,800
- Net Operating Income $85,056
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/07/2023 07/07/23 | Sold | $1,850,000 | -7.5% | $425 / Sq Ft |
| 06/25/2023 06/25/23 | Pending | -- | -- | -- |
| 06/22/2023 06/22/23 | Price Changed | $2,000,000 | 0.0% | $460 / Sq Ft |
| 06/22/2023 06/22/23 | For Sale | $2,000,000 | +8.1% | $460 / Sq Ft |
| 05/03/2023 05/03/23 | Off Market | $1,850,000 | -- | -- |
| 05/02/2023 05/02/23 | For Sale | $2,199,000 | +47.9% | $506 / Sq Ft |
| 12/02/2016 12/02/16 | Sold | $1,486,875 | -2.5% | $342 / Sq Ft |
| 10/03/2016 10/03/16 | For Sale | $1,525,000 | -- | $351 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Scott Gibson
-
Sean Stanfield
Seller's Agent in 2016
Sean Stanfield
Pacific Sotheby's Int'l Realty
(949) 244-9057
598 Total Sales
-
Michael Thornton
M
Seller Co-Listing Agent in 2016
Michael Thornton
Pacific Sotheby's Int'l Realty
(949) 554-1200
13 Total Sales
-
D
Buyer's Agent in 2016
David Augenstein
Augenstein Properties
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC23074672
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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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