NOT LISTED FOR SALE
9 Beds
5 Baths
4,368 Sq Ft
5,663 Sq Ft Lot

Last Sold June 11, 2021

Last sale price $2,900,000 $664 Per Sq Ft

5 Days on Market

Highlights

  • Ocean View
  • Property has ocean access
  • Open Floorplan
  • Agnes L. Smith Elementary Rated A-
  • Fishing
  • Property is near a park

About This Home

As of June 2021

Pride of Ownership 3 blocks from the beach! Rare opportunity to own this downtown Huntington Beach 4-plex offering more than location with all four units professionally designed and updated with a coastal modern style. Offering an excellent unit mix with a large 3 bedroom/2 bathroom unit with private two car garage, and three 2 bedroom/1 bathroom units each with 1 garage space. Building is turnkey with a new roof, water heater system, and many more improvements. Units are separately metered for gas and electricity. Excellent investment opportunity for improved property at the beach with amazing return for this asset type and location, don't miss out! All information deemed reliable but not guaranteed, prospective buyers to verify all aspects of the property including sqft, size of lot, and condition. Expenses are estimates based on historical information and may not be exact. All offers will be reviewed on Monday, May 3rd at 12pm.

Last Agent to Sell the Property

Jessica Hakimian

Coastal Realty Advisors Inc License #01774151 Listed on: 04/28/2021

Co-Listed By

Brian Kamenca

Coldwell Banker Realty License #00858860

Last Buyer's Agent

Rick Applebaum

Morgan Skenderian License #01273871

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1966 | Remodeled

Lot Details

  • 5,663 Sq Ft Lot
  • Property fronts an alley
  • Two or More Common Walls
  • Partially Fenced Property
  • Wood Fence
  • Fence is in good condition
  • Rectangular Lot
  • Front and Side Yard Sprinklers
  • Private Yard

Parking

  • 5 Car Direct Access Garage
  • 3 Open Parking Spaces
  • Parking Available
  • Front Facing Garage
  • Rear-Facing Garage
  • Two Garage Doors
  • Garage Door Opener
  • Driveway
  • Off-Street Parking
  • Assigned Parking

Property Views

  • Ocean
  • Coastline
  • Neighborhood

Home Design

  • Property Attached
  • Flat Roof Shape
  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Partial Copper Plumbing
  • Stucco

Interior Spaces

  • 4,368 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • ENERGY STAR Qualified Windows
  • Insulated Windows
  • Blinds
  • Window Screens
  • Family Room with Fireplace

Kitchen

  • Gas Oven
  • Free-Standing Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 9 Bedrooms
  • Primary Bedroom on Main
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Laundry in Garage
  • Laundry Located Outside
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Doors swing in

Eco-Friendly Details

  • ENERGY STAR Qualified Appliances
  • Energy-Efficient Lighting

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near a park
  • Property is near public transit

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Underground Utilities
  • Natural Gas Connected
  • ENERGY STAR Qualified Water Heater
  • Central Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Tax Lot 5
  • Tax Tract Number 6119
  • Assessor Parcel Number 02402810

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Property is near a preserve or public land

Amenities

  • Laundry Facilities

Recreation

  • Fishing
  • Park
  • Water Sports
  • Bike Trail

Building Details

  • 2 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $240
  • Fuel Expense $960
  • Gardener Expense $768
  • Insurance Expense $2,997
  • Maintenance Expense $1,000
  • Trash Expense $1,182
  • Water Sewer Expense $1,104
  • New Taxes Expense $29,424
  • Operating Expense $37,675
  • Gross Income $144,000
  • Net Operating Income $106,324

Property Details

Home Type

Multi-Family

Year Built

Built in 1966 | Remodeled

Lot Details

0

Parking

5

Listing Details

  • Assessments: No
  • CapRate: 4.00
  • Property Attached: Yes
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved, Maintained, Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 1104.00
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Gardener Expense: 768.00
  • Parcel Number: 02402810
  • Year Built: 1966
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Copper Plumbing Partial, Open Floorplan, Recessed Lighting, Stone Counters
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Tile, Vinyl
  • Accessibility Features: Doors - Swing In
  • Appliances: Yes
  • Fireplace Features: Family Room, Gas Starter, Wood Burning
  • Levels: Two
  • Price Per Square Foot: 663.92
  • Room Type: Family Room, Kitchen, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom
  • Window Features: Blinds, ENERGY STAR Qualified Windows, Insulated Windows, Screens

Exterior Features

  • Foundation: Slab
  • Exterior Features: Lighting, Rain Gutters
  • View: Coastline, Neighborhood, Ocean
  • Fence: Yes
  • Fencing: Good Condition, Partial, Privacy, Wood
  • Pool Private: No
  • Roof: Composition, Flat, Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Assigned, Direct Garage Access, Driveway, Concrete, Paved, Garage, Garage Faces Front, Garage Faces Rear, Garage - Single Door, Garage - Two Door, Garage Door Opener, Off Street
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Underground Utilities, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Free-Standing Range, Disposal, Gas Oven, Microwave, Range Hood, Refrigerator, Water Heater Central
  • Electric: Standard
  • Heating Type: Wall Furnace, Natural Gas
  • Laundry Features: Common Area, Community, Gas Dryer Hookup, In Closet, In Garage, Inside, Upper Level, Outside, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 1182.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Fishing, Gutters, Park, Watersports, Preserve/Public Land, Sidewalks, Street Lights

Green Features

  • Efficiency: Appliances, Lighting

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Rectangular Lot, Near Public Transit, Park Nearby, Rocks, Sprinkler System, Sprinklers In Front, Sprinklers On Side, Sprinklers Timer, Walkstreet, Yard
  • Lot Size Sq Ft: 5663.00
  • Lot Size Acres: 0.1300
  • Latitude Manual: 33.66484700

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Average2 Bed Area: 985 Square Feet
  • Average3 Bed Area: 1413 Square Feet
  • Electric Expense: 240.00
  • Fuel Expense: 960.00
  • Gross Multiplier: 18.60
  • Gross Operating Income: 144000.00
  • Gross Scheduled Income: 144000.00
  • Insurance Expense: 2997.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 5663.0000 Square Feet
  • Maintenance Expense: 1000.00
  • Net Operating Income: 106324.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Drapes: 4
  • Number With Range: 4
  • Number With Refrigerator: 3
  • Operating Expense: 37675.00
  • Rent Control: No
  • Total Actual Rent: 5600.00
  • Total Expenses: 37675.00
  • Waterfront Features: Beach Access, Ocean Access

Tax Info

  • New Taxes Expense: 29424.00
  • Tax Area: 04-001
  • Tax Census Tract: 993.11
  • Tax Lot: 5
  • Tax Tract Number: 6119
  • Tax Year: 2020

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
06/11/2021 06/11/21 Sold $2,900,000 +8.2% $664 / Sq Ft
05/03/2021 05/03/21 Pending -- -- --
04/28/2021 04/28/21 For Sale $2,679,000 -- $613 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21087687

California Regional Multiple Listing Service (CRMLS)

APN: 024-028-10