NOT LISTED FOR SALE

5112 Pearce Dr Huntington Beach, CA 92649

9 Beds
8 Baths
4,985 Sq Ft
8,025 Sq Ft Lot

Last Sold June 29, 2015

Last sale price $1,490,000 $299 Per Sq Ft

9 Days on Market

Highlights

  • City Lights View
  • Balcony
  • Turnkey
  • Village View Elementary School Rated A-
  • Laundry Room
  • Wood Fence

About This Home

As of June 2015

LOCATION LOCATION LOCATION!!! Calling all investers!Rare oppertunity to own a piece of Orange County history.Do you have a client who wants 8 units
but wants to avoid a commercial loan? I have got two 4-plexes for sale and they are next door.Very convenient located in excellent part of huntinton beach.Great mix of units, front unit Town home style,3 bedroom & 2&1/2 bath with 2 car garage attached.Other 3 units are 2 bedroom & 2 bath.2units have 2 Car Garages and One unit has one car Garage.Property in Excellent condition.The building exterrior paint is less than one year.
Rents are below market, lots of room to increase rents.

Last Agent to Sell the Property

Satish Pandhoh

Lakeside Financial Network Inc License #00985698 Listed on: 04/27/2015

Last Buyer's Agent

Enrique Viramontes

Remax Commercial and Investment Realty License #01372010

Remax Commercial and Investment Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1977

Lot Details

  • 8,025 Sq Ft Lot
  • Two or More Common Walls
  • Wood Fence
  • Density is up to 1 Unit/Acre

Parking

  • 7 Car Garage

Home Design

  • Property Attached
  • Turnkey
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 4,985 Sq Ft Home
  • Family Room with Fireplace
  • City Lights Views
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 8 Bathrooms

Additional Features

  • Balcony
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 2PM
  • Tax Tract Number 86
  • Assessor Parcel Number 14660116

Community Details

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • Electric Expense $600
  • Gardener Expense $600
  • Insurance Expense $2,270
  • Maintenance Expense $2,900
  • Trash Expense $1,747
  • Water Sewer Expense $2,226
  • New Taxes Expense $17,500
  • Gross Income $6,895
  • Net Operating Income $54,482

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1977

Lot Details

0

Parking

7

Listing Details

  • Property Attached: Yes
  • Road Surface Type: Paved
  • Security: Smoke Detector(s)
  • Subdivision Name Other: Townhomes (HHTO)
  • View: Yes
  • Water Sewer Expenses: 2226.00
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 14660116
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Balcony
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Fireplace Features: Family Room
  • Price Per Square Foot: 298.90

Exterior Features

  • Foundation: Slab
  • View: City Lights
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 7.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range, Gas Cooktop
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Trash Expense: 1747.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 8025.00
  • Price Per Lot Square Foot: 185.67
  • Lot Size Acres: 0.1840

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 600.00
  • Gross Income: 6895.00
  • Gross Scheduled Income: 82740.00
  • Insurance Expense: 2270.00
  • Lot Size Area: 8025.0000 Square Feet
  • Maintenance Expense: 2900.00
  • Net Operating Income: 54482.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 28258.00
  • Rent Control: No
  • Total Actual Rent: 6795.00

Tax Info

  • New Taxes Expense: 17500.00
  • Tax Lot: 2PM
  • Tax Tract Number: 86

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
06/29/2015 06/29/15 Sold $1,490,000 +0.3% $299 / Sq Ft
05/06/2015 05/06/15 Pending -- -- --
04/27/2015 04/27/15 For Sale $1,485,000 -- $298 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2015

    Satish Pandhoh

    Lakeside Financial Network Inc

    (714) 454-6500

    3 Total Sales

    Satish Pandhoh
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC15089851

California Regional Multiple Listing Service (CRMLS)

APN: 146-601-16

California Orange County Huntington Beach 92649

5112 Pearce Dr, Huntington Beach, CA

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California Regional Multiple Listing Service (CRMLS) 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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