NOT LISTED FOR SALE

215 Huntington St Huntington Beach, CA 92648

6 Beds
3 Baths
2,388 Sq Ft
6,534 Sq Ft Lot

Last Sold April 15, 2022

Last sale price $2,095,000 $877 Per Sq Ft

Highlights

  • Main Floor Bedroom
  • Living Room
  • 1 Car Garage
  • Agnes L. Smith Elementary Rated A-
  • Garden
  • Level Lot

About This Home

As of April 2022

This is a truly RARE investment opportunity to own a triplex on a DOUBLE LOT with 50 feet of frontage in an absolutely prime location of Huntington Beach less than half a mile from the ocean and just moments away from fine dining and shopping at nearby Pacific City and Main Street. This is a prime investment opportunity that doesn't hit the market often. This triplex consists of three 2-bedroom, 1-bath units with two separate buildings, one of which has its own attached garage. There is assigned parking spaces for each unit, which is an excellent benefit for this area. The opportunities for developers are substantial with this true double lot. Properties like this very rarely hit the market, especially with an unbeatable location close to the water and fine dining and shopping. The surrounding area has developed into a true tourist destination, making this an excellent investment opportunity!

Last Agent to Sell the Property

Jody Clegg

Compass License #01230876 Listed on: 03/14/2022

Compass

Last Buyer's Agent

Jody Clegg

Compass License #01230876 Listed on: 03/14/2022

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 6,534 Sq Ft Lot
  • 1 Common Wall
  • Level Lot
  • Garden

Parking

  • 1 Car Garage
  • 3 Open Parking Spaces
  • Parking Available
  • Driveway
  • Assigned Parking

Home Design

  • Triplex

Interior Spaces

  • 2,388 Sq Ft Home
  • Living Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • 3 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Wall Furnace
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 7 / 202
  • Tax Tract Number 813
  • Assessor Parcel Number 02420302
  • $509 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Downtown Area Subdivision

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Fuel Expense $1,289
  • Gardener Expense $1,300
  • Insurance Expense $1,548
  • Maintenance Expense $1,500
  • Pest Control $700
  • Trash Expense $1,200
  • Water Sewer Expense $911
  • New Taxes Expense $22,286
  • Operating Expense $30,734
  • Gross Income $63,000
  • Net Operating Income $32,267

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Parking

1

Listing Details

  • Other Phone Description: Listing Manager
  • Other Phone Number: 714-855-2213
  • Price Per Unit: 698333
  • Property Attached: Yes
  • Subdivision Name Other: Downtown Area (DOWN)
  • Water Sewer Expenses: 911.00
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 1300.00
  • Parcel Number: 02420302
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 877.30
  • Room Type: Kitchen, Living Room, Main Floor Bedroom

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Driveway, Garage
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Heating: Yes
  • Laundry: No
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Pest Control Expense: 700.00
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Garden, Level with Street
  • Lot Size Sq Ft: 6534.00
  • Lot Size Acres: 0.1500

Multi Family

  • Average2 Bed Area: 750 Square Feet
  • Fuel Expense: 1289.00
  • Gross Income: 63000.00
  • Gross Scheduled Income: 63000.00
  • Insurance Expense: 1547.50
  • Lot Size Area: 6534.0000 Square Feet
  • Maintenance Expense: 1500.00
  • Net Operating Income: 32266.50
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 30733.50
  • Rent Control: No
  • Total Actual Rent: 5250.00
  • Total Expenses: 30733.50

Tax Info

  • New Taxes Expense: 22286.00
  • Tax Block: 202
  • Tax Census Tract: 993.06
  • Tax Lot: 7
  • Tax Tract Number: 813
  • TaxOtherAnnualAssessmentAmount: 509.00

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
04/15/2022 04/15/22 Sold $2,095,000 -- $877 / Sq Ft
03/14/2022 03/14/22 Pending -- -- --
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: OC22047215

California Regional Multiple Listing Service (CRMLS)

APN: 024-203-02