NOT LISTED FOR SALE
5 Beds
4 Baths
2,626 Sq Ft
5,663 Sq Ft Lot

Last Sold February 14, 2018

Last sale price $1,499,000 $571 Per Sq Ft

18 Days on Market

Highlights

  • Open Floorplan
  • Property is near a park
  • Lawn
  • Agnes L. Smith Elementary Rated A-
  • Granite Countertops
  • 2-minute walk to 17th Street Park

About This Home

As of February 2018

A unique and prime duplex located in downtown Huntington Beach. Only 5 short blocks to the beach and walking distance to Schools, downtown, Pacific City and parks. This is a rare opportunity to own a residential Income property on a double lot, meticulously maintained. The front townhome offers a spacious open floor plan 2 bedrooms, 1.5 bathrooms with approximately 1000 sqft. Updated kitchen with granite counters and a gas range. The living room with fireplace and dining room right off the kitchen, inside laundry room and an over-sized, private patio accessed through the kitchen. The rear townhome is a 3 Bedroom, 1.5 bath approximately 1,600 sqft. home. The master bedroom features a private balcony. Upgrades include an updated kitchen with granite counter, gas range and inside laundry. The spacious open floor plan flows from the living room to the dining room that looks and out onto a private entertainer’s patio. Both units have one-car garages and carports. One carport is large enough to park an RV! Beautifully landscaped and well-maintained grounds. This is an amazing property for investors, it sits on 2 lots (perfect for building) or owner- occupied buyers. This is Huntington Beach living! You really must see this property.

Last Agent to Sell the Property

Shelly Hilliard

Coldwell Banker Realty License #01968101 Listed on: 01/04/2018

Coldwell Banker Realty

Co-Listed By

Brian Wollner

Compass License #01889264

Last Buyer's Agent

Jorge Stambuk

CRES Commercial License #00883316

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1973 | Remodeled

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 50 x 115
  • 1 Common Wall
  • West Facing Home
  • Wood Fence
  • Block Wall Fence
  • Landscaped
  • Sprinklers on Timer
  • Lawn
  • Front Yard

Parking

  • 2 Car Garage
  • 2 Detached Carport Spaces
  • Oversized Parking
  • Parking Available
  • Rear-Facing Garage
  • Single Garage Door
  • Parking Lot
  • RV Potential
  • Assigned Parking

Home Design

  • Duplex
  • Entry on the 1st floor
  • Turnkey
  • Flat Roof Shape
  • Slab Foundation
  • Shake Roof
  • Stucco

Interior Spaces

  • 2,626 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Window Screens
  • Double Door Entry
  • Sliding Doors
  • Living Room with Fireplace
  • Courtyard Views
  • Laundry Room

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Upper Level Bedrooms
  • Mirrored Closets Doors
  • 4 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Appliances

Outdoor Features

  • Balcony
  • Exterior Lighting
  • Rain Gutters

Location

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

Utilities

  • Central Heating
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 22 / 516
  • Tax Tract Number 359
  • Assessor Parcel Number 02314602

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,200
  • Insurance Expense $1,800
  • Maintenance Expense $2,000
  • Trash Expense $300
  • Water Sewer Expense $1,000
  • New Taxes Expense $16,500
  • Operating Expense $22,800
  • Gross Income $57,900
  • Net Operating Income $35,100

Property Details

Home Type

Multi-Family

Year Built

Built in 1973 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • CapRate: 2.40
  • Other Phone Description: 714-580-4500
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Alley Paved, Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Downtown Area (DOWN)
  • View: Yes
  • Water Sewer Expenses: 1000.00
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 02314602
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Balcony, Ceiling Fan(s), Granite Counters, Open Floorplan
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Door Features: Double Door Entry, Mirror Closet Door(s), Sliding Doors
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 570.83
  • Room Type: All Bedrooms Up, Kitchen, Living Room
  • Window Features: Double Pane Windows, ENERGY STAR Qualified Windows, Screens

Exterior Features

  • Direction Faces: West
  • Foundation: Slab
  • View: Courtyard
  • Fence: Yes
  • Fencing: Block, Wood
  • Pool Private: No
  • Roof: Flat, Shake
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Detached Carport, Garage Faces Rear, Garage - Single Door, Oversized, Parking Space, Private, RV Potential
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 300.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights

Green Features

  • Efficiency: Appliances

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Landscaped, Lawn, Near Public Transit, Park Nearby, Sprinkler System, Sprinklers Timer
  • Lot Size: 50 x 115
  • Lot Size Sq Ft: 5663.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average2 Bed Area: 1000 Square Feet
  • Average3 Bed Area: 1600 Square Feet
  • Gross Income: 57900.00
  • Gross Multiplier: 25.90
  • Gross Operating Income: 56742.00
  • Gross Scheduled Income: 57900.00
  • Insurance Expense: 1800.00
  • Maintenance Expense: 2000.00
  • Net Operating Income: 35100.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Carpet: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Operating Expense: 4580.00
  • Rent Control: No
  • Total Expenses: 22800.00
  • Vacancy Allowance: 1158

Tax Info

  • New Taxes Expense: 16500.00
  • Tax Block: 516
  • Tax Lot: 22
  • Tax Tract Number: 359

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
02/14/2018 02/14/18 Sold $1,499,000 0.0% $571 / Sq Ft
01/04/2018 01/04/18 For Sale $1,499,000 +27.0% $571 / Sq Ft
02/06/2014 02/06/14 Sold $1,180,000 -7.8% $449 / Sq Ft View Prior Sale
12/27/2013 12/27/13 Pending -- -- --
12/07/2013 12/07/13 For Sale $1,280,000 -- $487 / 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: OC18001292

California Regional Multiple Listing Service (CRMLS)

APN: 023-146-02