NOT LISTED FOR SALE

4951 Pearce Dr Huntington Beach, CA 92649

4 Beds
4 Baths
2,822 Sq Ft
4,792 Sq Ft Lot

Last Sold June 30, 2020

Last sale price $1,210,000 $429 Per Sq Ft

29 Days on Market

Highlights

  • Property is near a park
  • Cathedral Ceiling
  • Beamed Ceilings
  • Harbour View Elementary School Rated A-
  • No HOA
  • 5-minute walk to Wieder Park

About This Home

As of June 2020

Huntington Harbour Area - 2 Large 1411 sqft 2 bedroom, 2 bath Townhouses - JUST REMODELED.

Reasons why this property is superior to most others and will be more attractive to potential tenants & buyers:
It has a combination of tons of features, rarely found all in one property.

Just remodeled with single family home quality materials - new kitchen with white shaker cabinets, grey quartz counters,
new flooring, paint, light fixtures, etc, etc, etc - very impressive homes.
- Only one common wall between units - no one above or below. Very desirable to tenants.
- Large 2 bedroom/2 bath 1411 sq.ft townhouses each (like a home, not an apt) with vaulted ceilings on both levels. 2 full baths.
- 4 dedicated parking spaces per unit - 1 gar & 3 open spaces per unit.
- Massive stone fireplace in each unit
- 1 large balcony off of the master bedrooms, & one private rear patio for each unit too.
- 3 new individual Air Conditioning & heating units installed in each unit. Almost no one offers A/C, & with the 3 units (1 in LR, 2 in bedrooms) the occupant can control climate in a bedroom for example without heating or cooling the whole house.
- Extraordinary closet space in each bedroom.
- Individual laundry in each garage.
- Separate elect & gas, & individual water heaters for super low owner expenses.

GRM, price per foot, condition, features, location - all attractive.

Last Agent to Sell the Property

Michele DeVivo

First Team Real Estate License #01376760 Listed on: 04/29/2020

First Team Real Estate

Last Buyer's Agent

Jeanine Davies

Keller Williams Coastal Prop. License #01705964

Keller Williams Coastal Prop.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1974 | Remodeled

Lot Details

  • 4,792 Sq Ft Lot
  • No Common Walls

Parking

  • 2 Car Direct Access Garage
  • 6 Open Parking Spaces
  • Parking Available
  • Assigned Parking

Interior Spaces

  • 2,822 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Living Room with Fireplace

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Balcony

Location

  • Property is near a park
  • Suburban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 135
  • Tax Tract Number 187
  • Assessor Parcel Number 17822217

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,400
  • Trash Expense $400
  • Water Sewer Expense $1,000
  • New Taxes Expense $13,500
  • Operating Expense $16,300
  • Gross Income $67,200
  • Net Operating Income $50,900

Property Details

Home Type

Multi-Family

Year Built

Built in 1974 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Other Phone Description: Best Number
  • Other Phone Number: 562-688-8666
  • Property Attached: No
  • Water Sewer Expenses: 1000.00
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 17822217
  • Year Built: 1974
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Balcony, Beamed Ceilings, Cathedral Ceiling(s), Ceiling Fan(s), High Ceilings
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 428.77

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Direct Garage Access
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 6.00

Utilities

  • Utilities: Natural Gas Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Range, Disposal, Microwave
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Trash Expense: 400.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Park Nearby
  • Lot Size Sq Ft: 4792.00
  • Lot Size Acres: 0.1100

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 1411 Square Feet
  • Gross Income: 67200.00
  • Gross Multiplier: 18.50
  • Gross Scheduled Income: 67200.00
  • Insurance Expense: 1400.00
  • Lot Size Area: 4792.0000 Square Feet
  • Net Operating Income: 50900.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number Wall A C: 6
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Range: 2
  • Operating Expense: 16300.00
  • Rent Control: No
  • Total Expenses: 16300.00

Tax Info

  • New Taxes Expense: 13500.00
  • Tax Census Tract: 994.16
  • Tax Lot: 135
  • Tax Tract Number: 187

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 Prior Sale
06/30/2020 06/30/20 Sold $1,210,000 -3.2% $429 / Sq Ft
05/13/2020 05/13/20 Price Changed $1,249,900 +4.2% $443 / Sq Ft
04/29/2020 04/29/20 For Sale $1,199,900 +33.3% $425 / Sq Ft
02/21/2020 02/21/20 Sold $900,000 -7.7% $319 / Sq Ft View Prior Sale
01/24/2020 01/24/20 For Sale $975,000 -- $345 / 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: PW20081338

California Regional Multiple Listing Service (CRMLS)

APN: 178-222-17