NOT LISTED FOR SALE

8092 Forelle Dr Huntington Beach, CA 92646

9 Beds
7 Baths
4,377 Sq Ft
7,841 Sq Ft Lot

Last Sold December 29, 2023

Last sale price $2,200,000 $503 Per Sq Ft

17 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • No HOA
  • Tile Countertops
  • Ocean View High Rated A-
  • Balcony
  • Laundry Room

About This Home

As of December 2023

Highly desired Covington 4 plex apartment building in excellent location, quiet and away from busy street. Clean and in very good condition. 3 bedroom, 2 bath with two car garage, private patio and fireplace. All other units have a one car private garage, and their own washer and dryer hook ups and water heater. The other units consists of two, 2 bedroom/2 baths, and one 2 Bedroom 1 bath. One of the 2 bedroom/2 baths has been partially remodeled. The 2 bedroom/1 bath is partially remodeled. Two units have new dual pane windows replaced within this year. Tenants are on less than a one year lease. Rent should be $2,600 per month in unit 3. Within last year owner spent 30k in renovations. Tenants pay their own electric and gas. Owner pays water and trash. Property NOT in a flood zone. Close to shopping and all amenities.

Last Agent to Sell the Property

William Wiese

North American Properties License #00602031 Listed on: 10/31/2023

Last Buyer's Agent

Andrew Lidgard

Andrew Lidgard Real Estate Inc License #01902459

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 68 x 115
  • Two or More Common Walls
  • Landscaped
  • Rectangular Lot
  • Level Lot
  • Front Yard Sprinklers

Parking

  • 5 Car Garage
  • 1 Open Parking Space
  • Parking Available
  • Rear-Facing Garage
  • Single Garage Door
  • Assigned Parking

Home Design

  • Quadruplex
  • Entry on the 1st floor
  • Slab Foundation
  • Fire Rated Drywall
  • Asbestos Shingle Roof
  • Wood Siding
  • Stone Siding
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 4,377 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Blinds
  • Window Screens
  • Sliding Doors
  • Living Room with Fireplace
  • Fire and Smoke Detector

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • Primary Bedroom on Main
  • 7 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Gas Dryer Hookup

Accessible Home Design

  • No Interior Steps
  • Entry Slope Less Than 1 Foot
  • Low Pile Carpeting
  • Accessible Parking

Outdoor Features

  • Balcony
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Natural Gas Connected
  • Water Heater
  • Sewer Paid
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, gas, telephone
  • Tax Lot 29
  • Tax Tract Number 7512
  • Assessor Parcel Number 15734303
  • $1,006 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $840
  • Insurance Expense $2,400
  • Professional Management Expense $9,120
  • Trash Expense $1,968
  • Water Sewer Expense $1,200
  • New Taxes Expense $26,616
  • Operating Expense $46,944
  • Gross Income $130,440
  • Net Operating Income $88,056

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

0

Parking

5

Listing Details

  • Assessments: Yes
  • CapRate: 3.83
  • Professional Management Expense: 9120.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 1200.00
  • Zoning: R-3
  • Architectural Style: Ranch
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 840.00
  • Parcel Number: 15734303
  • Year Built: 1972
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Balcony, Copper Plumbing Full, Tile Counters, Unfurnished
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile
  • Accessibility Features: Entry Slope Less Than 1 Foot, Low Pile Carpeting, No Interior Steps, Parking
  • Appliances: Yes
  • Door Features: Sliding Doors
  • Entry Level: 1
  • Fireplace Features: Living Room, Gas
  • Levels: Two
  • Price Per Square Foot: 502.63
  • Room Type: Kitchen, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom
  • Window Features: Blinds, Screens

Exterior Features

  • Foundation: Slab
  • Fence: No
  • Pool Private: No
  • Roof: Asbestos Shingle
  • Spa: No
  • Construction Materials: Drywall Walls, Stone, Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Assigned, Paved, Garage, Garage Faces Rear, Garage - Single Door
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Underground Utilities, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Cooktop, Water Heater
  • Electric: Electricity - On Property
  • Heating Type: Forced Air, Natural Gas
  • Laundry Features: Gas & Electric Dryer Hookup, In Garage, Washer Hookup
  • Sewer: Public Sewer, Sewer Paid
  • Trash Expense: 1968.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Gentle Sloping, Landscaped, Level with Street, Rectangular Lot, Sprinklers In Front
  • Lot Size: 68 x 115
  • Lot Size Sq Ft: 7841.00
  • Lot Size Acres: 0.1800
  • Latitude Manual: 33.69560300

Rental Info

  • Tenant Pays: Electricity, Gas, Telephone

Multi Family

  • Gross Income: 130440.00
  • Gross Multiplier: 17.59
  • Gross Scheduled Income: 130440.00
  • Insurance Expense: 2400.00
  • Lot Size Area: 7841.0000 Square Feet
  • Net Operating Income: 88056.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Carpet: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Patio: 3
  • Number With Range: 4
  • Operating Expense: 42384.00
  • Rent Control: Yes
  • Total Actual Rent: 130440.00
  • Total Expenses: 46944.00

Tax Info

  • New Taxes Expense: 26616.00
  • Tax Census Tract: 992.35
  • Tax Lot: 29
  • Tax Tract Number: 7512
  • TaxOtherAnnualAssessmentAmount: 1006.00

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 List to Sale Price per Sq Ft
12/29/2023 12/29/23 Sold $2,200,000 -4.1% $503 / Sq Ft
11/17/2023 11/17/23 Pending -- -- --
10/31/2023 10/31/23 For Sale $2,295,000 -- $524 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2023

    William Wiese

    North American Properties

    (714) 540-1414

    6 Total Sales

    William Wiese
    Section Image
  • Andrew Lidgard

    Buyer's Agent in 2023

    Andrew Lidgard

    Andrew Lidgard Real Estate Inc

    (714) 943-8145

    23 Total Sales

    Andrew Lidgard
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23202887

California Regional Multiple Listing Service (CRMLS)

APN: 157-343-03

California Orange County Huntington Beach 92646

8092 Forelle Dr, Huntington Beach, CA

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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