NOT LISTED FOR SALE

18632 Demion Ln Huntington Beach, CA 92646

9 Beds
7 Baths
4,349 Sq Ft
6,813 Sq Ft Lot

Last Sold October 02, 2023

Last sale price $2,450,000 $563 Per Sq Ft

207 Days on Market

Highlights

  • Private Yard
  • No HOA
  • Laundry Room
  • Ethel Dwyer Middle Rated A-
  • Cul-De-Sac
  • Landscaped

About This Home

As of October 2023

Very hard to find BEAUTIFUL COVINGTON 4-PLEX is one of the nicest on an excellent cul-de-sac street in Huntington Beach east of Beach Blvd. and south of Ellis Ave. This property features a 3br.-2ba. single story owner's unit with fireplace and a 2 car enclosed garage. All 2br. units have their own single car enclosed garage. All units have their own washer and dryer hook-ups in the garages and all units have separate water heaters. All units have been recently remodeled. Tenants pay electric and gas. Excellent location close to Beach and shopping.Backs to Helme Park.

Last Agent to Sell the Property

Mark Urlich

First Team Real Estate License #01250288 Listed on: 02/15/2023

First Team Real Estate

Co-Listed By

Lili Gonzalez

First Team Real Estate License #01249289

First Team Real Estate

Last Buyer's Agent

Lili Gonzalez

First Team Real Estate License #01249289

First Team Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Lot Details

  • 6,813 Sq Ft Lot
  • Two or More Common Walls
  • Cul-De-Sac
  • Landscaped
  • Rectangular Lot
  • Level Lot
  • Front and Side Yard Sprinklers
  • Private Yard
  • Lawn

Parking

  • 5 Car Garage
  • 1 Open Parking Space
  • Parking Available
  • Rear-Facing Garage
  • Assigned Parking

Home Design

  • 4,349 Sq Ft Home
  • Quadruplex

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 7 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Gas Dryer Hookup

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 28
  • Tax Tract Number 4663
  • Assessor Parcel Number 15750115

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $730
  • Insurance Expense $6,050
  • Trash Expense $1,100
  • Water Sewer Expense $1,100
  • New Taxes Expense $29,988
  • Operating Expense $23,638
  • Gross Income $121,418
  • Net Operating Income $121,418

Property Details

Home Type

Multi-Family

Year Built

Built in 1971

Lot Details

0

Parking

5

Listing Details

  • Property Attached: Yes, Yes
  • Water Sewer Expenses: 1100.00, 1100.00
  • Property Sub Type: Quadruplex, Quadruplex
  • Property Type: Residential Income, Residential Income
  • Gardener Expense: 730.00, 730.00
  • Parcel Number: 15750115, 15750115
  • Year Built: 1971, 1971
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls, 2+ Common Walls
  • Levels: Two, Two
  • Price Per Square Foot: 563.35, 563.35

Exterior Features

  • Pool Private: No, No

Garage/Parking

  • Garage Spaces: 5.00, 5.00
  • Parking: Yes, Yes
  • Parking Features: Assigned, Garage Faces Rear, Assigned, Garage Faces Rear
  • Total Parking Spaces: 6.00, 6.00
  • Uncovered Spaces: 1.00, 1.00

Utilities

  • Laundry: Yes, Yes
  • Laundry Features: Common Area, Electric Dryer Hookup, Gas & Electric Dryer Hookup, Gas Dryer Hookup, In Garage, Washer Hookup, Common Area, Electric Dryer Hookup, Gas & Electric Dryer Hookup, Gas Dryer Hookup, In Garage, Washer Hookup
  • Sewer: Public Sewer, Public Sewer
  • Trash Expense: 1100.00, 1100.00
  • Water Source: Public, Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No, No
  • Land Lease: No, No
  • Lot Features: Cul-De-Sac, Front Yard, Landscaped, Lawn, Rectangular Lot, Level, Sprinkler System, Sprinklers In Front, Sprinklers On Side, Sprinklers Timer, Yard, Cul-De-Sac, Front Yard, Landscaped, Lawn, Rectangular Lot, Level, Sprinkler System, Sprinklers In Front, Sprinklers On Side, Sprinklers Timer, Yard
  • Lot Size Sq Ft: 6813.00, 6813.00
  • Lot Size Acres: 0.1564, 0.1564

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 121418.00, 121418.00
  • Gross Scheduled Income: 145056.00, 145056.00
  • Insurance Expense: 6050.00, 6050.00
  • Lot Size Area: 6813.0000 Square Feet, 6813.0000 Square Feet
  • Net Operating Income: 121418.00, 121418.00
  • Number Of Separate Electric Meters: 4, 4
  • Number Of Separate Gas Meters: 4, 4
  • Number Of Separate Water Meters: 1, 1
  • Number Of Units Leased: 4, 4
  • Number Of Units Total: 4, 4
  • Number With Dishwasher: 4, 4
  • Number With Disposal: 4, 4
  • Number With Patio: 4, 4
  • Number With Range: 4, 4
  • Number With Refrigerator: 2, 2
  • Operating Expense: 23638.00, 23638.00
  • Rent Control: No, No
  • Total Expenses: 23638.00, 23638.00

Tax Info

  • New Taxes Expense: 29988.00, 29988.00
  • Tax Census Tract: 992.35, 992.35
  • Tax Lot: 28, 28
  • Tax Tract Number: 4663, 4663

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 List to Sale Price per Sq Ft
10/02/2023 10/02/23 Sold $2,450,000 -5.8% $563 / Sq Ft
08/17/2023 08/17/23 Price Changed $2,600,000 -12.5% $598 / Sq Ft
08/16/2023 08/16/23 Price Changed $2,972,000 -0.8% $683 / Sq Ft
07/27/2023 07/27/23 Price Changed $2,997,000 -1.7% $689 / Sq Ft
07/20/2023 07/20/23 Price Changed $3,050,000 -1.6% $701 / Sq Ft
06/12/2023 06/12/23 Price Changed $3,100,000 -6.1% $713 / Sq Ft
04/24/2023 04/24/23 Price Changed $3,300,000 -5.7% $759 / Sq Ft
02/15/2023 02/15/23 For Sale $3,500,000 0.0% $805 / Sq Ft
02/01/2022 02/01/22 Rented $4,000 +8.1% --
12/02/2021 12/02/21 Price Changed $3,700 -2.6% $3 / Sq Ft
11/22/2021 11/22/21 Price Changed $3,800 -2.6% $3 / Sq Ft
11/15/2021 11/15/21 Price Changed $3,900 -2.5% $3 / Sq Ft
11/09/2021 11/09/21 For Rent $3,999 +166.6% --
05/14/2012 05/14/12 Rented $1,500 -11.5% --
05/14/2012 05/14/12 Under Contract -- -- --
04/04/2012 04/04/12 For Rent $1,695 -- --
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: RS23026369

California Regional Multiple Listing Service (CRMLS)