NOT LISTED FOR SALE
8 Beds
5 Baths
3,763 Sq Ft
6,970 Sq Ft Lot

Last Sold January 31, 2022

Last sale price $2,525,000 $671 Per Sq Ft

4 Days on Market

Highlights

  • 0.16 Acre Lot
  • Corner Lot
  • Laundry Room
  • Agnes L. Smith Elementary Rated A-

About This Home

As of January 2022

Pride of ownership like you have never seen!!! This is a tremendous opportunity to own a trophy triplex on a double lot in downtown Huntington Beach. Walking distance to the pier, Lake Park and Pacific City. The entire building, not just the interiors, was completely remodeled in 2010 and has continued to be updated and upgraded throughout the years. Floors, ceilings, kitchens, bathrooms, plumbing, doors, windows, ceilings fans, siding, stucco and stone work, water heaters, garage doors, custom iron gates and fences, hardscape and landscape. No stone left unturned here as everything was upgraded impeccably with the finest materials and craftsmanship. Unit A is 3 bedroom, 2 bath located at the front of the property and does not share any common walls with either of the other two units. It has its own enclosed yard and individual laundry hook ups in the garage which make it feel like a single family home. Unit B (2 bedroom, 2 bath) is downstairs and unit C (3 bedroom, 1 bath) is upstairs, both are located at the rear of the property, are single level and share a large community laundry room next to the garages.
It is extremely rare for a building of this caliber to come to market.

Last Agent to Sell the Property

Freddy Babayan

Douglas Elliman of California License #01227841 Listed on: 12/30/2021

Douglas Elliman of California

Last Buyer's Agent

Chelsea Roger

Coldwell Banker Realty License #01416035

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 6,970 Sq Ft Lot
  • 1 Common Wall
  • Corner Lot

Parking

  • 3 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 3,763 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Location

  • Urban Location

Utilities

  • Natural Gas Connected
  • Sewer Paid

Listing and Financial Details

  • Legal Lot and Block 9 / 803
  • Tax Tract Number 813
  • Assessor Parcel Number 02421418

Community Details

Overview

  • 3 Units
  • Downtown Area Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $490
  • Fuel Expense $470
  • Insurance Expense $2,400
  • Trash Expense $900
  • Water Sewer Expense $900
  • New Taxes Expense $28,800
  • Operating Expense $33,960
  • Gross Income $113,400
  • Net Operating Income $79,440

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • Price Per Unit: 831667
  • Property Attached: Yes
  • Subdivision Name Other: Downtown Area (DOWN)
  • Water Sewer Expenses: 900.00
  • Property Type: Residential Income
  • Parcel Number: 02421418
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 671.01

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Natural Gas Connected, Sewer Connected, Water Connected
  • Laundry: Yes
  • Laundry Features: Common Area, In Garage
  • Sewer: Sewer Paid
  • Trash Expense: 900.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 6970.00
  • Lot Size Acres: 0.1600

Multi Family

  • Electric Expense: 490.00
  • Fuel Expense: 470.00
  • Gross Income: 113400.00
  • Gross Scheduled Income: 113400.00
  • Insurance Expense: 2400.00
  • Lot Size Area: 6970.0000 Square Feet
  • Net Operating Income: 79440.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 33960.00
  • Rent Control: Yes
  • Total Expenses: 33960.00

Tax Info

  • New Taxes Expense: 28800.00
  • Tax Block: 803
  • Tax Census Tract: 993.06
  • Tax Lot: 9
  • Tax Tract Number: 813

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
01/31/2022 01/31/22 Sold $2,525,000 +1.2% $671 / Sq Ft
01/03/2022 01/03/22 Pending -- -- --
12/30/2021 12/30/21 For Sale $2,495,000 -- $663 / 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: OC21269709

California Regional Multiple Listing Service (CRMLS)