NOT LISTED FOR SALE

7651 Ellis Ave Huntington Beach, CA 92648

9 Beds
5 Baths
3,996 Sq Ft
7,405 Sq Ft Lot

Last Sold August 19, 2016

Last sale price $1,280,000 $320 Per Sq Ft

175 Days on Market

About This Home

As of August 2016

Incredible Opportunity to own a Surf City 4 plex! Priced to Sell! Spacious units with (1) 3 BR & (3) 2 BR units. All have Patio areas. Tenants pay Gas & Electric. 4 enclosed garages. Existing rent brings upside potential! Walk to Trader Joes, shopping. Beach Close, Freeway Close. See remarks below.

Last Agent to Sell the Property

Sean Stanfield

Pacific Sotheby's Int'l Realty License #01024996 Listed on: 07/12/2016

Pacific Sotheby's Int'l Realty

Co-Listed By

David Biehler

Pacific Sotheby's Int'l Realty License #01030261

Last Buyer's Agent

Aneeta Kumar

Keller Williams Realty License #01325889

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1975

Lot Details

  • 7,405 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage
  • Parking Available
  • Parking Lot

Home Design

  • 3,996 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 2 / A
  • Assessor Parcel Number 15905518

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $600
  • Insurance Expense $2,400
  • Trash Expense $600
  • Water Sewer Expense $1,800
  • New Taxes Expense $16,875
  • Gross Income $5,795
  • Net Operating Income $46,785

Property Details

Home Type

Multi-Family

Year Built

Built in 1975

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1800.00
  • Property Type: Residential Income
  • Parcel Number: 15905518
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 320.32

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Parking Space
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7405.00
  • Price Per Lot Square Foot: 172.86
  • Lot Size Acres: 0.1700

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Electric Expense: 600.00
  • Gross Income: 5795.00
  • Gross Scheduled Income: 69540.00
  • Insurance Expense: 2400.00
  • Lot Size Area: 7405.0000 Square Feet
  • Net Operating Income: 46785.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Operating Expense: 22755.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 16875.00
  • Tax Block: A
  • Tax Lot: 2
  • Tax Tract Number: 000000

Range of Values:

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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
08/19/2016 08/19/16 Sold $1,280,000 -1.5% $320 / Sq Ft
07/20/2016 07/20/16 Pending -- -- --
07/12/2016 07/12/16 For Sale $1,299,000 +1.5% $325 / Sq Ft
07/10/2016 07/10/16 Off Market $1,280,000 -- --
06/30/2016 06/30/16 Price Changed $1,299,000 -3.8% $325 / Sq Ft
01/27/2016 01/27/16 For Sale $1,350,000 -- $338 / 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: OC16017530

California Regional Multiple Listing Service (CRMLS)

APN: 159-055-18