NOT LISTED FOR SALE

8172 Michael Dr Unit A & B Huntington Beach, CA 92647

Newland Neighborhood
5 Beds
3 Baths
1,920 Sq Ft
6,970 Sq Ft Lot

Last Sold January 04, 2022

Last sale price $1,122,000 $584 Per Sq Ft

8 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • Laundry Room
  • Ocean View High Rated A-
  • Neighborhood Views
  • Tile Flooring

About This Home

As of January 2022

What a rare opportunity of a lifetime to own a great investment in Huntington Beach! Beautiful pride-of-ownership duplex is in great condition and located in a fantastic rental area. First unit (Unit A) has 3 bedrooms with 1 3/4 baths - ready to be occupied. Unit A's kitchen has been fully remodeled with new quartz countertops, ample cabinet spaces, GE stainless steel stove and gorgeous island hood vent. The interior is freshly painted along with new carpet in the bedrooms. The bathrooms also have new vanity & lighting. Second unit (Unit B) has 2 bedrooms with 1 bath - currently has good long-term tenants that are clean & pay on time. Each unit has its own fenced cozy backyard for privacy, relaxation & BBQing with laundry hookups conveniently in the kitchen. Both units have a detached enclosed single garage with a long paved driveway for additional parking. Prime location that's close to Bella Terra shopping/entertainment centers, restaurants, award-winning schools, and just minutes from 405 Fwy, Mile Square Park & Huntington Beach Pier.

Last Agent to Sell the Property

Elli Nguyen

74 Properties Inc License #01919169 Listed on: 11/13/2021

Last Buyer's Agent

Quynh Nguyen

Future Realty, Inc. License #01492735

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 6,970 Sq Ft Lot
  • 1 Common Wall
  • Corner Lot
  • Density is up to 1 Unit/Acre

Parking

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

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 1,920 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Neighborhood Views

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

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

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Location

  • Suburban Location

Listing and Financial Details

  • Tenant pays for electricity, gas, telephone
  • Tax Lot 20
  • Tax Tract Number 4328
  • Assessor Parcel Number 16748320
  • $499 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $636
  • Insurance Expense $947
  • Trash Expense $548
  • Water Sewer Expense $1,042
  • New Taxes Expense $11,500
  • Operating Expense $14,673
  • Gross Income $49,200
  • Net Operating Income $34,527

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Price Per Unit: 524500
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 1042.00
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 636.00
  • Parcel Number: 16748320
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Levels: One
  • Price Per Square Foot: 584.38
  • Room Type: All Bedrooms Down, Family Room, Master Bathroom

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

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

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, In Kitchen, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 548.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Corner Lot
  • Lot Size Sq Ft: 6970.00
  • Lot Size Acres: 0.1600

Rental Info

  • Tenant Pays: Electricity, Gas, Telephone

Multi Family

  • Gross Income: 49200.00
  • Gross Operating Income: 49200.00
  • Gross Scheduled Income: 49200.00
  • Insurance Expense: 947.00
  • Lot Size Area: 6970.0000 Square Feet
  • Net Operating Income: 34527.00
  • 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: 14673.00
  • Rent Control: No
  • Total Expenses: 14673.00

Tax Info

  • New Taxes Expense: 11500.00
  • Tax Census Tract: 992.12
  • Tax Lot: 20
  • Tax Tract Number: 4328
  • TaxOtherAnnualAssessmentAmount: 499.00

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 Change Sq Ft Price
01/04/2022 01/04/22 Sold $1,122,000 +7.0% $584 / Sq Ft
11/21/2021 11/21/21 Pending -- -- --
11/13/2021 11/13/21 For Sale $1,049,000 -- $546 / 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: OC21248478

California Regional Multiple Listing Service (CRMLS)