NOT LISTED FOR SALE

18742 Beach Blvd Huntington Beach, CA 92648

16 Beds
8 Baths
5,368 Sq Ft
0.81 Acres

Last Sold December 15, 2016

Last sale price $2,700,000 $503 Per Sq Ft

65 Days on Market

Highlights

  • Lawn
  • No HOA
  • Rectangular Lot
  • Ethel Dwyer Middle Rated A-
  • Laundry Room
  • Wall Furnace

About This Home

As of December 2016

8 units in 4 duplexes on 2 parcels. 35,230 sqft of prime location in the heart of Huntington Beach.
First time on the market in 40 years! Excellent maintenance record, and highly upgraded units, some granite & stainless. All units have an identical floor plan with 2BR, 1BA, generous size back yards, and W/D hook-ups.
Keep as is, or develop according to zoning: consult HB Planning Division.
4 Double car garages, and 18 off-street parking spaces.
Owner's expenses: water, trash, gardening (no gas/electric).
Large undeveloped section at the east end of the property (3150 sqft), currently used for RV storage. Could be used for similar purposes and/or additional rent income.

Last Agent to Sell the Property

Scott Gerard

Gerard Properties Inc. License #01004111 Listed on: 09/15/2016

Last Buyer's Agent

Scott Gerard

Gerard Properties Inc. License #01004111 Listed on: 09/15/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 0.81 Acre Lot
  • 1 Common Wall
  • Rectangular Lot
  • Sprinkler System
  • Lawn
  • Back Yard
  • Density is 6-10 Units/Acre
  • 15745109
  • Value in Land

Parking

  • 8 Car Garage

Home Design

  • Property Attached
  • Composition Roof

Interior Spaces

  • 5,368 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 8 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Laundry in Kitchen
  • Washer and Gas Dryer Hookup

Location

  • Urban Location

Utilities

  • Wall Furnace
  • Overhead Utilities

Listing and Financial Details

  • Tax Lot 3001
  • Tax Tract Number 99235
  • Assessor Parcel Number 15745101

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings

Building Details

  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • Gardener Expense $4,000
  • Insurance Expense $2,639
  • Professional Management Expense $10,852
  • Trash Expense $2,740
  • Water Sewer Expense $2,740
  • New Taxes Expense $47,490
  • Gross Income $156,720
  • Net Operating Income $56,309

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Parking

8

Listing Details

  • Professional Management Expense: 10852.00
  • Property Attached: Yes
  • Water Sewer Expenses: 2740.00
  • Property Type: Residential Income
  • Gardener Expense: 4000.00
  • Parcel Number: 15745101
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 502.98

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 8.00
  • Total Parking Spaces: 26.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas & Electric Dryer Hookup, In Kitchen, Outside, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 2740.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 15745109
  • Lot Features: 6-10 Units/Acre, Back Yard, Lawn, Lot 20000-39999 Sqft, Rectangular Lot, Sprinkler System, Utilities - Overhead, Value In Land
  • Lot Size Sq Ft: 35230.00

Multi Family

  • Gross Income: 156720.00
  • Insurance Expense: 2639.00
  • Net Operating Income: 56309.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Operating Expense: 100411.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 47490.00
  • Tax Census Tract: 992.35
  • Tax Lot: 3001
  • Tax Tract Number: 099235

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
12/15/2016 12/15/16 Sold $2,700,000 -9.8% $503 / Sq Ft
12/12/2016 12/12/16 For Sale $2,995,000 0.0% $558 / Sq Ft
10/23/2016 10/23/16 Pending -- -- --
08/19/2016 08/19/16 For Sale $2,995,000 -- $558 / 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: OC16701711

California Regional Multiple Listing Service (CRMLS)

APN: 157-451-01