NOT LISTED FOR SALE

5541 Cross Dr Huntington Beach, CA 92649

9 Beds
7 Baths
4,355 Sq Ft
6,970 Sq Ft Lot

Last Sold August 01, 2018

Last sale price $1,570,000 $361 Per Sq Ft

7 Days on Market

Highlights

  • Property is near a park
  • Park or Greenbelt View
  • No HOA
  • Village View Elementary School Rated A-
  • Granite Countertops
  • Balcony

About This Home

As of August 2018

CALLING ALL INVESTORS! Own in Huntington Beach directly facing Marina Park and Marina High School. Would you like the chance to own and manage your own income producing property? All 4 units recently remodeled within the past 5 years with granite counter tops and wood cabinets. Three units have their own patio and one unit features a balcony. All utilities are paid by tenants except for the water & trash. Each unit has a separate gas and electric meter, and each unit has their own garage parking with 2 additional uncovered parking spaces in the rear. Less than 4 Mi. from Sunset Beach.

Last Agent to Sell the Property

Jon Beck

Authentic Partners License #02050375 Listed on: 06/28/2018

Last Buyer's Agent

Jon Beck

Authentic Partners License #02050375 Listed on: 06/28/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 6,970 Sq Ft Lot
  • No Common Walls
  • Sprinklers on Timer
  • Density is 2-5 Units/Acre

Parking

  • 2 Open Parking Spaces
  • 5 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Split Level Home

Interior Spaces

  • 4,355 Sq Ft Home
  • 2-Story Property
  • Park or Greenbelt Views

Kitchen

  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 7 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Gas And Electric Dryer Hookup

Outdoor Features

  • Balcony
  • Exterior Lighting

Location

  • Property is near a park
  • Suburban Location

Utilities

  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Tax Lot 13
  • Tax Tract Number 7913
  • Assessor Parcel Number 14544113

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Insurance Expense $1,700
  • Trash Expense $250
  • New Taxes Expense $18,600
  • Operating Expense $20,550
  • Gross Income $72,900
  • Net Operating Income $52,350

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

0

Parking

5

Listing Details

  • Price Per Unit: 387500
  • Property Attached: No
  • View: Yes
  • Property Type: Residential Income
  • Parcel Number: 14544113
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Balcony, Granite Counters
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Levels: Multi/Split
  • Price Per Square Foot: 360.51

Exterior Features

  • View: Park/Greenbelt
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 7.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Laundry: Yes
  • Appliances: Dishwasher
  • Electric: Standard
  • Laundry Features: Gas & Electric Dryer Hookup, In Garage
  • Sewer: Public Sewer
  • Trash Expense: 250.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Park Nearby, Sprinklers Timer
  • Lot Size Sq Ft: 6970.00

Rental Info

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

Multi Family

  • Gross Income: 72900.00
  • Gross Scheduled Income: 72900.00
  • Insurance Expense: 1700.00
  • Net Operating Income: 52350.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Number With Dishwasher: 4
  • Number With Patio: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Operating Expense: 20550.00
  • Rent Control: No
  • Total Expenses: 20550.00

Tax Info

  • New Taxes Expense: 18600.00
  • Tax Area: 4-016
  • Tax Census Tract: 996.03
  • Tax Lot: 13
  • Tax Rate: 1.10
  • Tax Tract Number: 7913
  • Tax Year: 2018

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 Change Sq Ft Price
08/01/2018 08/01/18 Sold $1,570,000 +1.3% $361 / Sq Ft
07/05/2018 07/05/18 Pending -- -- --
06/28/2018 06/28/18 For Sale $1,550,000 -- $356 / 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: OC18155126

California Regional Multiple Listing Service (CRMLS)

APN: 145-441-13