Kimber Wuerfel
Kimber/Alana Boutique Real Estate
(657) 220-6340
115 Total Sales
5 in Downtown Huntington Beach
$1.1M - $3.4M Price Range
7
Beds
5
Baths
4,825
Sq Ft
5,663
Sq Ft Lot
Highlights
- Laundry Facilities
- Rectangular Lot
- 4-minute walk to 17th Street Park
- Agnes L. Smith Elementary Rated A-
About This Home
As of June 2024We are pleased to present this wonderful beachside apartment complex built in 1972, a rare investment opportunity in Huntington Beach. The property is conveniently located within walking distance to downtown Huntington Beach and also Pacific City, both highly desirable locations with lots of shopping, restaurants and entertainment. Each unit has an enclosed garage with remote garage doors. The building has been well maintained with large units. Investors have the opportunity to acquire a prime property with steady cash flow and potential for value add appreciation. With a 5.2% cap rate on market rents the property has huge upside potential. Don’t miss out on this exceptional chance to own a well-maintained and profitable investment property in a prime location.
Last Agent to Sell the Property
Triqor Group Brokerage Email: gary@triqorgroup.com License #00955403 Listed on: 07/14/2023
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1972
Lot Details
- 5,663 Sq Ft Lot
- Two or More Common Walls
- Rectangular Lot
Parking
- 6 Car Garage
Home Design
- Apartment
Interior Spaces
- 4,825 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 7 Bedrooms
- 5 Bathrooms
Listing and Financial Details
- Legal Lot and Block 17 / 315
- Tax Tract Number 352
- Assessor Parcel Number 02315807
- $1,500 per year additional tax assessments
Community Details
Overview
- 6 Units
- Huntington West Subdivision
Amenities
- Laundry Facilities
Building Details
- 6 Separate Electric Meters
- 6 Separate Gas Meters
- Operating Expense $52,600
- Gross Income $156,120
- Net Operating Income $98,837
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 14, 2023
Closed on
Apr 30, 2024
Sold by
319 15Th Llc
Bought by
Seller's Agent
Gary Tolfa
Triqor Group
Buyer's Agent
James Wardlaw
Sperry Commercial
List Price
$3,200,000
Sold Price
$3,000,000
Premium/Discount to List
-$200,000
-6.25%
Views
162
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Outstanding Balance
$1,954,968
Interest Rate
7.1%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Dec 30, 2021
Sold by
Eric Zehnder
Bought by
319 15Th Llc
Purchase Details
Closed on
Jan 28, 2019
Sold by
Zehnder Joyce V
Bought by
Zehnder Eric
Purchase Details
Closed on
May 4, 2015
Sold by
Zehnder Lowell D and Zehnder Joyce V
Bought by
Zehnder Lowell D and Revoc Joyce
Purchase Details
Closed on
Jun 21, 2005
Sold by
Zehnder Lowell D and Zehnder Joyce V
Bought by
Zehnder Lowell D and Zehnder Joyce
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Downtown Huntington Beach, CA
-
Kimber Wuerfel
-
Tracy Heffelman
Tracy Heffelman
Coldwell Banker Realty
(657) 325-8546
31 Total Sales
2 in Downtown Huntington Beach
$1,220,000 Price Range
-
Rick Olson
Rick Olson
J&R Real Estate
(657) 500-0770
87 Total Sales
2 in Downtown Huntington Beach
$29K - $105K Price Range
-
Erika Alvarez
Erika Alvarez
RE/MAX Select One
(657) 325-5556
42 Total Sales
4 in Downtown Huntington Beach
$1.4M - $1.9M Price Range
-
Drew D'Angelo
Drew D'Angelo
Kase Real Estate
(949) 867-6319
76 Total Sales
1 in Downtown Huntington Beach
$1,230,000 Price
-
Jennifer Thomas
Jennifer Thomas
Seven Gables Real Estate
(949) 468-3483
79 Total Sales
1 in Downtown Huntington Beach
$825,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $3,000,000 | First American Title Company | ||
| 319 15Th Llc | -- | None Listed On Document | |
| Zehnder Eric | -- | None Available | |
| Zehnder Lowell D | -- | None Available | |
| Zehnder Lowell D | -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $2,000,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/03/2024 06/03/24 | Sold | $3,000,000 | -6.3% | $622 / Sq Ft |
| 05/01/2024 05/01/24 | Pending | -- | -- | -- |
| 12/11/2023 12/11/23 | For Sale | $3,200,000 | 0.0% | $663 / Sq Ft |
| 11/20/2023 11/20/23 | Pending | -- | -- | -- |
| 07/14/2023 07/14/23 | For Sale | $3,200,000 | -- | $663 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $35,293 | $3,121,200 | $2,813,576 | $307,624 |
| 2025 | $35,293 | $3,060,000 | $2,758,407 | $301,593 |
| 2024 | $4,539 | $266,353 | $67,314 | $199,039 |
| 2023 | $4,420 | $261,131 | $65,994 | $195,137 |
| 2022 | $4,298 | $256,011 | $64,700 | $191,311 |
| 2021 | $4,227 | $250,992 | $63,432 | $187,560 |
| 2020 | $4,193 | $248,419 | $62,782 | $185,637 |
| 2019 | $4,159 | $243,549 | $61,551 | $181,998 |
| 2018 | $4,100 | $238,774 | $60,344 | $178,430 |
| 2017 | $4,046 | $234,093 | $59,161 | $174,932 |
| 2016 | $3,909 | $229,503 | $58,001 | $171,502 |
| 2015 | $3,863 | $226,056 | $57,130 | $168,926 |
| 2014 | $3,783 | $221,628 | $56,011 | $165,617 |
Source: Public Records
Agents Affiliated with this Home
-
Gary Tolfa
Seller's Agent in 2024
Gary Tolfa
Triqor Group
(949) 756-3232
1 in this area
12 Total Sales
-
James Wardlaw
Buyer's Agent in 2024
James Wardlaw
Sperry Commercial
(714) 496-1100
1 in this area
5 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW23124047
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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