NOT LISTED FOR SALE
3 Beds
3 Baths
14,300 Sq Ft
0.45 Acres

Last Sold January 27, 2017

Last sale price $5,162,500 $361 Per Sq Ft

73 Days on Market

Highlights

  • 19,750 Sq Ft lot
  • Marina High School Rated A
  • 24 Car Garage

About This Home

As of January 2017

This is a prime repositioning opportunity to take a solid asset in a prestigious Huntington Beach location and fill the void between similar working class apartments and new high-end Class A development. Located within walking distance of Bella Terra and other trendy retail
and restaurants, Villa Vista provides convenient access to employment and Golden West College, as well as being near major thoroughfare including Beach Blvd. and the 405 freeway. 7932 7942 Stark Dr, Huntington Beach 92647.

Last Agent to Sell the Property

Gary Tolfa

Triqor Group License #00955403 Listed on: 07/29/2016

Last Buyer's Agent

Gary Tolfa

Triqor Group License #00955403 Listed on: 07/29/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1977

Lot Details

  • 0.45 Acre Lot
  • No Common Walls
  • Density is 16-20 Units/Acre
  • 14208306

Parking

  • 24 Car Garage
  • Parking Available

Interior Spaces

  • 14,300 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Location

  • Suburban Location

Listing and Financial Details

  • Tax Lot 87
  • Tax Tract Number 417
  • Assessor Parcel Number 14208305

Community Details

Overview

  • 2 Buildings
  • 16 Units

Building Details

  • 16 Separate Electric Meters
  • 16 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $3,174
  • Insurance Expense $5,005
  • Professional Management Expense $9,000
  • Trash Expense $4,867
  • Water Sewer Expense $5,462
  • New Taxes Expense $61,741
  • Gross Income $26,527
  • Net Operating Income $196,066

Property Details

Home Type

Multi-Family

Year Built

Built in 1977

Lot Details

0

Parking

24

Listing Details

  • Price Per Unit: 337500
  • Professional Management Expense: 9000.00
  • Property Attached: No
  • Subdivision Name Other: Goldenwest Park (GWPK)
  • Water Sewer Expenses: 5462.00
  • Property Type: Residential Income
  • Parcel Number: 14208305
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 3
  • Common Walls: No Common Walls
  • Price Per Square Foot: 361.01

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 24.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 24.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 4867.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 14208306
  • Land Lease: No
  • Lot Features: 16-20 Units/Acre, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 19750.00
  • Price Per Lot Square Foot: 273.42

Multi Family

  • Average1 Bed Area: 725
  • Average2 Bed Area: 950
  • Electric Expense: 3174.00
  • Gross Income: 26527.00
  • Gross Scheduled Income: 318324.00
  • Insurance Expense: 5005.00
  • Net Operating Income: 196066.00
  • Number Of Separate Electric Meters: 16
  • Number Of Separate Gas Meters: 16
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 16
  • Operating Expense: 112709.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 61741.00
  • Tax Lot: 87
  • Tax Tract Number: 417

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 Change Sq Ft Price
01/27/2017 01/27/17 Sold $5,162,500 -4.4% $361 / Sq Ft
09/12/2016 09/12/16 Pending -- -- --
07/29/2016 07/29/16 For Sale $5,400,000 0.0% $378 / Sq Ft
07/07/2016 07/07/16 Pending -- -- --
07/01/2016 07/01/16 For Sale $5,400,000 -- $378 / 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: PW16143315

California Regional Multiple Listing Service (CRMLS)