NOT LISTED FOR SALE
4 Beds
3 Baths
3,864 Sq Ft
5,663 Sq Ft Lot

Last Sold November 15, 2018

Last sale price $2,050,000 $531 Per Sq Ft

40 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Level Lot
  • Agnes L. Smith Elementary Rated A-
  • Central Heating

About This Home

As of November 2018

ON TWO LOTS.......A rare opportunity to own a residential income property on a double lot (perfect for building) in the highly sought after area of downtown Huntington Beach. Centrally located only 1.5 short blocks from the beach and a few blocks to the Pier, Main Street, the Strand and newly developed Pacific City. All the units are spacious and the upstairs units come with balconies and the downstairs units with private patios. The property has a total of 7 car garage comprised of 3 single car garages off the alley and the interior area with 2 single car and 1 double car garage. Roof was replaced approximately 8 years ago. Community laundry area with hook-ups not currently used.

Last Agent to Sell the Property

Don De Grote

Realty One Group West License #00835311 Listed on: 09/12/2018

Realty One Group West

Last Buyer's Agent

Phillip Ma

Phillip Ma, Broker License #01980156

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1976

Lot Details

  • 5,663 Sq Ft Lot
  • Property fronts an alley
  • No Common Walls
  • Level Lot

Parking

  • 6 Car Garage
  • Parking Available
  • Assigned Parking

Interior Spaces

  • 3,864 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating
  • Natural Gas Connected

Listing and Financial Details

  • Legal Lot and Block 12 / 212
  • Tax Tract Number 352
  • Assessor Parcel Number 02403305

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 6 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $611
  • Fuel Expense $827
  • Gardener Expense $480
  • Insurance Expense $1,500
  • Trash Expense $1,380
  • Water Sewer Expense $1,380
  • New Taxes Expense $26,640
  • Operating Expense $4,798
  • Gross Income $104,140
  • Net Operating Income $92,250

Property Details

Home Type

Apartment

Year Built

Built in 1976

Lot Details

0

Parking

6

Listing Details

  • Other Phone Description: Mobile
  • Other Phone Number: 714-357-6082
  • Property Attached: No
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved
  • Subdivision Name Other: Downtown Area
  • Water Sewer Expenses: 1380.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 480.00
  • Parcel Number: 02403305
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Levels: Two
  • Price Per Square Foot: 530.54

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Heating: Yes
  • Laundry: No
  • Electric: Standard
  • Heating Type: Central
  • Sewer: Public Sewer
  • Trash Expense: 1380.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 5663.00
  • Lot Size Acres: 0.1300

Multi Family

  • Electric Expense: 611.00
  • Fuel Expense: 827.00
  • Gross Income: 104140.00
  • Gross Scheduled Income: 104140.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 5663.0000 Square Feet
  • Net Operating Income: 92250.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 6
  • Number Of Units Total: 4
  • Operating Expense: 11887.00
  • Rent Control: No
  • Total Actual Rent: 9050.00
  • Total Expenses: 4798.00

Tax Info

  • New Taxes Expense: 26640.00
  • Tax Block: 212
  • Tax Census Tract: 993.11
  • Tax Lot: 12
  • Tax Tract Number: 352

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
11/15/2018 11/15/18 Sold $2,050,000 -9.5% $531 / Sq Ft
10/22/2018 10/22/18 Pending -- -- --
09/12/2018 09/12/18 For Sale $2,264,000 -- $586 / 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: PW18222875

California Regional Multiple Listing Service (CRMLS)

APN: 024-033-05