NOT LISTED FOR SALE
9 Beds
7 Baths
4,294 Sq Ft
7,405 Sq Ft Lot

Last Sold April 28, 2020

Last sale price $1,400,000 $326 Per Sq Ft

12 Days on Market

Highlights

  • 0.17 Acre Lot
  • Lawn
  • Laundry Room
  • Ethel Dwyer Middle Rated A-
  • No HOA
  • 4 Car Garage

About This Home

As of April 2020

Great Opportunity!!!!! Huntington Beach 4 PLEX located on a cul-de-sac, near Seacliff and downtown HB. Building floor plan consist of ONE – Large Single story 3 Bedroom 2 Bath owner’s unit Two -2 Bedrooms 2 Baths and One – 2 Bedroom 1 Bath. 4 Single Car Garages, 4 separate parking spaces. All units are separately metered for gas, electric and individual water heaters. Perfect for owner occupant or for anyone looking for income property. GSI $89.952

Last Agent to Sell the Property

Eric Reichert

OCProperties License #00967215 Listed on: 04/08/2020

Last Buyer's Agent

Farzad Kasrabod

Ashby & Graff License #01292641

Ashby & Graff

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1977

Lot Details

  • 7,405 Sq Ft Lot
  • No Common Walls
  • Lawn

Parking

  • 4 Car Garage
  • 4 Open Parking Spaces
  • Parking Available
  • Parking Lot

Interior Spaces

  • 4,294 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 7 Bathrooms

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 2
  • Tax Tract Number 9378
  • Assessor Parcel Number 15919212

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $399
  • Fuel Expense $583
  • Gardener Expense $840
  • Insurance Expense $3,287
  • Maintenance Expense $490
  • Trash Expense $743
  • Water Sewer Expense $1,054
  • New Taxes Expense $15,489
  • Operating Expense $22,885
  • Gross Income $89,952
  • Net Operating Income $64,719

Property Details

Home Type

Multi-Family

Year Built

Built in 1977

Lot Details

0

Parking

4

Listing Details

  • CapRate: 4.66
  • Property Attached: No
  • Subdivision Name Other: HB 4 plex
  • Water Sewer Expenses: 1054.00
  • Property Type: Residential Income
  • Gardener Expense: 840.00
  • Parcel Number: 15919212
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: No Common Walls
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 326.04

Exterior Features

  • Pool Private: No

Garage/Parking

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

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 743.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn
  • Lot Size Sq Ft: 7405.00
  • Lot Size Acres: 0.1700

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 399.00
  • Fuel Expense: 583.00
  • Gross Income: 89952.00
  • Gross Multiplier: 15.60
  • Gross Scheduled Income: 89952.00
  • Gross Spendable Income: 65271.00
  • Insurance Expense: 3287.00
  • Laundry Income: 46.00
  • Lot Size Area: 7405.0000 Square Feet
  • Maintenance Expense: 490.00
  • Maintenance Percent: 0.05
  • Net Operating Income: 64719.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 24680.00
  • Operating Expense Percent: 27.00
  • Rent Control: No
  • Total Actual Rent: 7450.00
  • Total Expenses: 22885.00

Tax Info

  • New Taxes Expense: 15489.00
  • Tax Census Tract: 994.13
  • Tax Lot: 2
  • Tax Tract Number: 9378

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
04/28/2020 04/28/20 Sold $1,400,000 0.0% $326 / Sq Ft
04/08/2020 04/08/20 For Sale $1,400,000 -- $326 / 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: OC20070844

California Regional Multiple Listing Service (CRMLS)

APN: 159-192-12