NOT LISTED FOR SALE
4 Beds
2 Baths
1,750 Sq Ft
6,630 Sq Ft Lot

Last Sold February 21, 2012

Last sale price $470,000 $269 Per Sq Ft

36 Days on Market

Highlights

  • Traditional Architecture
  • Victoria Elementary School Rated A-
  • Heating System Uses Natural Gas

About This Home

As of February 2012

Duplex - Each unit is 2 bedrooms, 1 bath, and a one car garage. Each has a backyard, driveway, and washer dryer hook ups. Unit A includes a stacked washer/dryer. Recent rents for similar units are $1525. This is a family neighborhood with long term tenants. It is located on the bluff above Huntington Beach approximately 3 miles to the beach. This is an excellent investment opportunity or perfect for owner occupied FHA financing.

Last Agent to Sell the Property

Ginny Meister

Seven Gables Real Estate License #00632992 Listed on: 12/28/2011

Seven Gables Real Estate

Last Buyer's Agent

david pinkerton

Lifestyle Homes License #01303278

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 6,630 Sq Ft Lot
  • Lot Dimensions are 60x111

Home Design

  • 1,750 Sq Ft Home
  • Traditional Architecture
  • Slab Foundation
  • Composition Roof
  • Stucco

Kitchen

  • Electric Cooktop

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 4 Car Garage
  • Front Facing Garage

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Water Heater
  • Sewer Paid

Listing and Financial Details

  • Tax Tract Number 3717
  • Assessor Parcel Number 42207216

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $780
  • Insurance Expense $650
  • Water Sewer Expense $1,050
  • New Taxes Expense $6,238
  • Gross Income $2,580
  • Net Operating Income $22,242

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 4.63
  • View: No
  • Water Sewer Expenses: 1050.00
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Gardener Expense: 780.00
  • Parcel Number: 42207216
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 268.57

Exterior Features

  • Foundation: Slab
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No
  • Parking Features: Garage Faces Front
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Heating: No
  • Laundry: No
  • Appliances: Electric Cooking, Cooktop, Water Heater
  • Heating Type: Natural Gas, Wall Furnace
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size: 60x111
  • Lot Size Sq Ft: 6630.00
  • Lot Size Acres: 0.1500

Multi Family

  • Average2 Bed Area: 875
  • Gross Income: 2580.00
  • Gross Multiplier: 15.50
  • Gross Scheduled Income: 30960.00
  • Gross Spendable Income: 22242.00
  • Insurance Expense: 650.00
  • Lot Size Area: 6630.0000 Square Feet
  • Net Operating Income: 22242.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Carpet: 2
  • Number With Dishwasher: 1
  • Number With Disposal: 2
  • Operating Expense: 8718.00

Tax Info

  • New Taxes Expense: 6238.00
  • Tax Area: 15039
  • Tax Lot: 0.
  • Tax Tract Number: 3717

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 Change Sq Ft Price
02/21/2012 02/21/12 Sold $470,000 -2.1% $269 / Sq Ft
02/02/2012 02/02/12 Pending -- -- --
12/28/2011 12/28/11 For Sale $479,900 -- $274 / 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: S683124

California Regional Multiple Listing Service (CRMLS)

APN: 422-072-16