NOT LISTED FOR SALE

816 Palm Ave Huntington Beach, CA 92648

Downtown Huntington Beach Neighborhood
4 Beds
2 Baths
1,520 Sq Ft
2,614 Sq Ft Lot

Last Sold May 07, 2018

Last sale price $1,000,000 $658 Per Sq Ft

46 Days on Market

Highlights

  • Midcentury Modern Architecture
  • Laundry Room
  • 2 Car Garage
  • Agnes L. Smith Elementary Rated A-
  • Landscaped
  • 5-minute walk to Farquhar Park

About This Home

As of May 2018

Downtown Huntington Beach is an Owner User Quality Neighborhood, and this Duplex Building is located just eight blocks (or less) to the Beach, Pier, Main Street Village, Schools, Parks, & the new Pacific City Development. Each unit is a 2 Bedroom, 1 Bath Flat with one garage space and one driveway space. The laundry is in the garage. Wonderful potential to remodel this building into an Owner User "Home with Income" or would be a perfect Second Home that could be shared among family members and/or rented out full time or a portion of the year as an investment property. The area is seing ongoing development and improvements, and the resort aspects of the area are excellent with many annual events including: 4th of July Parade, US Open of Surfing, Air Show, and many other smaller events!

Last Agent to Sell the Property

Scot Campbell

Coldwell Banker-Campbell Rltrs License #00943759 Listed on: 02/09/2018

Coldwell Banker-Campbell Rltrs

Last Buyer's Agent

Quinten Sharp

Sharp Homes License #00973844

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 2,614 Sq Ft Lot
  • No Common Walls
  • Landscaped

Parking

  • 2 Car Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Single Garage Door

Home Design

  • Duplex
  • Midcentury Modern Architecture
  • Contemporary Architecture
  • Flat Roof Shape
  • Wood Siding
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 1,520 Sq Ft Home
  • 2-Story Property
  • Carpet

Kitchen

  • Gas Oven
  • Gas Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 26
  • Tax Tract Number 358
  • Assessor Parcel Number 02407225

Community Details

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,954
  • Maintenance Expense $1,092
  • Pest Control $300
  • Water Sewer Expense $1,106
  • New Taxes Expense $12,100
  • Operating Expense $16,630
  • Gross Income $19,200
  • Net Operating Income $31,250

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Alley Paved, Paved
  • Subdivision Name Other: Downtown Area (DOWN)
  • View: No
  • Water Sewer Expenses: 1106.00
  • Architectural Style: Contemporary, Mid Century Modern
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 02407225
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 657.89

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Private: No
  • Roof: Flat
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete, Garage, Garage - Single Door
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace, Natural Gas
  • Laundry Features: Community, In Garage
  • Pest Control Expense: 300.00
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 2614.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average2 Bed Area: 760 Square Feet
  • Gross Income: 19200.00
  • Gross Operating Income: 47880.00
  • Gross Scheduled Income: 50400.00
  • Insurance Expense: 1954.00
  • Maintenance Expense: 1092.00
  • Net Operating Income: 31250.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 16630.00
  • Other Income Description: Not coin op laundry, tenants
  • Rent Control: No
  • Total Expenses: 16630.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 12100.00
  • Tax Census Tract: 993.09
  • Tax Lot: 26
  • Tax Tract Number: 358

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
05/07/2018 05/07/18 Sold $1,000,000 -7.0% $658 / Sq Ft
03/27/2018 03/27/18 Pending -- -- --
03/19/2018 03/19/18 Price Changed $1,075,000 -2.3% $707 / Sq Ft
02/09/2018 02/09/18 For Sale $1,100,000 -- $724 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Scot Campbell

    Seller's Agent in 2018

    Scot Campbell

    Coldwell Banker-Campbell Rltrs

    (714) 336-0394

    37 in this area

    133 Total Sales

    Scot Campbell
    Section Image
  • Quinten Sharp

    Buyer's Agent in 2018

    Quinten Sharp

    Sharp Homes

    (714) 315-7518

    4 in this area

    45 Total Sales

    Quinten Sharp
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC18027466

California Regional Multiple Listing Service (CRMLS)

APN: 024-072-25

California Orange County Huntington Beach 92648 Downtown Huntington Beach

816 Palm Ave, Huntington Beach, CA

This home is located at 816 Palm Ave, Huntington Beach, CA 92648 since 09 February 2018. This property was built in 1962. 816 Palm Ave is a home located in Orange County with nearby schools including Agnes L. Smith Elementary, Ethel Dwyer Middle, and Huntington Beach High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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