NOT LISTED FOR SALE
2 Beds
2 Baths
6,372 Sq Ft
0.27 Acres

Last Sold June 01, 2012

Last sale price $2,075,000 $326 Per Sq Ft

32 Days on Market

Highlights

  • 11,750 Sq Ft lot
  • Agnes L. Smith Elementary Rated A-
  • 6 Car Garage

About This Home

As of June 2012

Marcus & Millichap is pleased to present a truly rare opportunity to own in the coastal city of Huntington Beach, more commonly known as the Surf City. The highly desirable property has a strong unit mix and is located just three blocks to the beautiful sandy beaches. Built in 1965, the building consists of six 2-bedroom/2-bathroom units. The property has four units that are single-story construction and also has garage parking spaces and an on-site laundry facility.The building is located less than one mile from the world renowned Main Street. This strip includes major retailers such as CVS Pharmacy, The Coffee Bean and Tea Leaf, Hurley International and Jacks Surf Shop. In addition this area hosts one of the world's largest surf tournaments every year, the US Open.

Last Agent to Sell the Property

Daniel Blackwell

CB Richard Ellis, Inc. License #01854961 Listed on: 03/10/2012

Last Buyer's Agent

Gunda Jahromi

License #01873855

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 0.27 Acre Lot

Parking

  • 6 Car Garage

Interior Spaces

  • 6,372 Sq Ft Home
  • 2-Story Property

Community Details

  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 023-144-15

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 6372
  • Stories: 2
  • Year Built: 1965
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per S Q F T: 335.84

Exterior Features

  • Pool: No

Garage/Parking

  • Parking Garage: Garage
  • Total Parking: 6

Utilities

  • Electric Expense: 1964.00
  • Water Expense: 1964.00

Fee Information

  • Gas Expense: 1964.00
  • Insurance Expense: 1500.00
  • Maintenance Expense: 2400.00

Lot Info

  • Assessed Improvement Value: 261884
  • Assessed Land Value: 831179
  • Assessor Parcel Number: 023-144-15
  • Lot Size Area: 11750

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 14.49
  • Number Of Units: 6
  • Total Annual Expense: 35512
  • Type Of Units: 2 Bed/2 Bath
  • Vacancy Rate: 4.0%

Tax Info

  • Tax Expense: 24000.00

Range of Values:

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Average Value
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Sold Price
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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
06/01/2012 06/01/12 Sold $2,075,000 -3.0% $326 / Sq Ft
04/11/2012 04/11/12 Pending -- -- --
03/10/2012 03/10/12 For Sale $2,140,000 -- $336 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 12-589767

The MLS