NOT LISTED FOR SALE
5 Beds
4 Baths
4,213 Sq Ft
5,801 Sq Ft Lot

Last Sold August 23, 2021

Last sale price $2,670,000 $634 Per Sq Ft

8 Days on Market

Highlights

  • Lawn
  • Agnes L. Smith Elementary Rated A-
  • Laundry Room

About This Home

As of August 2021

Welcome to 405 7th St, located in the heart of Huntington Beach, California! Our apartment complex is situated just steps away from downtown Huntington Beach, Main Street, and the pier, making it the perfect location to experience all that this vibrant city has to offer.

Our recently updated apartment features new flooring, new paint, new kitchen and bathroom countertops, a new dishwasher and a new microwave. You'll also appreciate the convenience of a single-car garage, street parking, and on-site laundry facilities.

Our friendly and quiet community is smoke-free and pet-friendly. We allow:
Small cat & dog friendly (max. 2 cats OR 1 dog)
-w/ a maximum weight of 20 pounds each**
Pet Deposit: $400
Monthly Pet Rent: $40

UTILITIES:
$25 for each tenant monthly will cover the cost of gas, water, pest control, sewer and trash maintenance.
Tenants will be paying for their own electricity, gas and cable/phone consumption.

Don't miss this opportunity to experience a better way of living at 405 7th St. Contact us today to schedule a tour and see for yourself all that we have to offer!

Last Agent to Sell the Property

Patrick Swanson

Pat Swanson License #01382974 Listed on: 04/15/2021

Last Buyer's Agent

Greg Bassirpou

Marcus & Millichap RE Invest License #01365951

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1969

Lot Details

  • 5,801 Sq Ft Lot
  • Two or More Common Walls
  • Lawn

Parking

  • 6 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 4,213 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Legal Lot and Block 5 / 407
  • Tax Tract Number 356
  • Assessor Parcel Number 02410816

Community Details

Building Details

  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $720
  • Fuel Expense $1,000
  • Insurance Expense $2,100
  • Trash Expense $2,100
  • Water Sewer Expense $2,400
  • New Taxes Expense $28,868
  • Operating Expense $43,184
  • Gross Income $130,717
  • Net Operating Income $87,533

Additional Features

  • 6 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1969

Lot Details

0

Parking

6

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: 405 7th Street
  • Water Sewer Expenses: 2400.00
  • Zoning: R3
  • Property Type: Residential Income
  • Parcel Number: 02410816
  • Year Built: 1969
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 633.75

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 2100.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn
  • Lot Size Sq Ft: 5801.00
  • Lot Size Acres: 0.1332

Multi Family

  • Electric Expense: 720.00
  • Fuel Expense: 1000.00
  • Gross Income: 130717.00
  • Gross Scheduled Income: 134760.00
  • Insurance Expense: 2100.00
  • Lot Size Area: 5801.0000 Square Feet
  • Net Operating Income: 87533.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Operating Expense: 43184.00
  • Rent Control: No
  • Total Expenses: 43184.00

Tax Info

  • New Taxes Expense: 28868.00
  • Tax Block: 407
  • Tax Census Tract: 993.11
  • Tax Lot: 5
  • Tax Tract Number: 356

Range of Values:

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Average Value
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List Price
Sold Price
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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
08/07/2023 08/07/23 For Rent $2,700 0.0% --
07/20/2023 07/20/23 Price Changed $2,700 +6.9% $4 / Sq Ft
07/13/2023 07/13/23 For Rent $2,525 0.0% --
06/15/2023 06/15/23 For Rent $2,525 0.0% --
02/15/2023 02/15/23 Price Changed $2,525 -6.5% $4 / Sq Ft
02/10/2023 02/10/23 For Rent $2,700 0.0% --
08/23/2021 08/23/21 Sold $2,670,000 +7.0% $634 / Sq Ft
04/23/2021 04/23/21 Pending -- -- --
04/15/2021 04/15/21 For Sale $2,495,000 -- $592 / 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: OC21079300

California Regional Multiple Listing Service (CRMLS)