NOT LISTED FOR SALE

18711 Demion Ln Huntington Beach, CA 92646

8 Beds
7 Baths
4,400 Sq Ft
7,536 Sq Ft Lot

Last Sold March 15, 2022

Last sale price $2,085,287 $474 Per Sq Ft

10 Days on Market

Highlights

  • Laundry Room
  • Forced Air Heating System
  • 5 Car Garage
  • Ethel Dwyer Middle Rated A-

About This Home

As of March 2022

INVESTMENT AND 1031 EXCHANGE OPPORTUNITY IN HUNTINGTON BEACH! This well-maintained Four-Plex Residential Income Property features a 3 Bedroom/2 Bath, 2 Bedroom/2 Bath, 2 Bedroom/1.5 Bath and 2 Bedroom/1 Bath units with three 1-car garages and one 2-car garage for Unit A.
Unit B was partially-remodeled in 2016. Unit C was partially-remodeled in 2019. Unit D deck was redone in 2018. E-Pipe was completed for clean water supply lines in all units in 2017. New vinyl fence installed on the property in 2017. Make this a great investment for your portfolio!

Last Agent to Sell the Property

Bob Bolen

Huntington Beach Realty Inc License #00496080 Listed on: 02/08/2022

Huntington Beach Realty Inc

Co-Listed By

Kimberly Myszka

Huntington Beach Realty Inc License #00970653

Last Buyer's Agent

Stephen Apelian

Compass License #01885055

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Lot Details

  • 7,536 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 5 Car Garage
  • Parking Available

Interior Spaces

  • 4,400 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 7 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Exterior Lighting
  • Forced Air Heating System

Listing and Financial Details

  • Tax Lot 17
  • Tax Tract Number 4663
  • Assessor Parcel Number 15750217
  • $993 per year additional tax assessments

Community Details

Overview

  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Gross Income $96,600
  • Net Operating Income $96,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1971

Lot Details

0

Parking

5

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Residential Income Fourplex
  • Zoning: R3
  • Property Type: Residential Income
  • Parcel Number: 15750217
  • Year Built: 1971
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 473.93

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 5.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7536.00
  • Lot Size Acres: 0.1730

Multi Family

  • Gross Income: 96600.00
  • Gross Scheduled Income: 96600.00
  • Lot Size Area: 7536.0000 Square Feet
  • Net Operating Income: 96600.00
  • 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
  • Rent Control: No

Tax Info

  • Tax Census Tract: 992.35
  • Tax Lot: 17
  • Tax Tract Number: 4663
  • TaxOtherAnnualAssessmentAmount: 993.00

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

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2022 03/15/22 Sold $2,085,287 +4.5% $474 / Sq Ft
02/08/2022 02/08/22 For Sale $1,995,000 0.0% $453 / Sq Ft
11/14/2014 11/14/14 Rented $2,000 -16.7% --
10/15/2014 10/15/14 Under Contract -- -- --
09/08/2014 09/08/14 For Rent $2,400 -- --
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: OC22024248

California Regional Multiple Listing Service (CRMLS)