NOT LISTED FOR SALE

8432 Tamaru Dr Huntington Beach, CA 92647

2 Beds
1 Bath
3,600 Sq Ft
7,841 Sq Ft Lot

Last Sold April 27, 2017

Last sale price $1,040,000 $289 Per Sq Ft

7 Days on Market

Highlights

  • No HOA
  • Cul-De-Sac
  • Wood Fence
  • Ocean View High Rated A-
  • Laundry Room
  • Heating System Uses Natural Gas

About This Home

As of April 2017

Excellent Investment 4 Units in Huntington Beach. Rents are below Market. All Units Rented to Long Term Tenants. Conveniently
located nearby Restaurants, School, Church and Public Transportation. Single Story Building, All Units are 2 bedrooms, 1 bath with a
Decent Sized Patio and Two Reserved Parking Spaces. Laundry hookups inside Each Unit. Tenants pay for separately metered Gas
and Electric. Owner pays Water, Sewer, and Trash. Property will be sold "As is" with no repairs. Drive by only

Last Agent to Sell the Property

Tiffany Nguyen

Advance Estate Realty License #01429636 Listed on: 02/06/2017

Last Buyer's Agent

Tiffany Nguyen

Advance Estate Realty License #01429636 Listed on: 02/06/2017

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 7,841 Sq Ft Lot
  • Property fronts an alley
  • No Common Walls
  • Cul-De-Sac
  • Wood Fence
  • Block Wall Fence
  • Front Yard
  • Land Lease

Parking

  • 8 Car Garage

Home Design

  • Quadruplex
  • Ranch Style House
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 3,600 Sq Ft Home
  • Entryway
  • Gas Range
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Vented Exhaust Fan
  • Gas Water Heater
  • Phone Connected
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 1
  • Assessor Parcel Number 10766416

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $400
  • Insurance Expense $1,000
  • Trash Expense $1,500
  • Water Sewer Expense $1,900
  • New Taxes Expense $11,000
  • Operating Expense $15,800
  • Gross Income $67,200
  • Net Operating Income $51,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Parking

8

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: Alley
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 1900.00
  • Architectural Style: Ranch
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 10766416
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 288.89
  • Room Type: Entry, Kitchen, Laundry

Exterior Features

  • Foundation: Slab
  • Fence: Yes
  • Fencing: Block, Wood
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Garage Spaces: 8.00
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Gas Water Heater, Vented Exhaust Fan
  • Heating Type: Wall Furnace, Natural Gas
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 1500.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: Yes
  • Lot Features: Cul-De-Sac, Front Yard
  • Lot Size Sq Ft: 7841.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 800 Square Feet
  • Electric Expense: 400.00
  • Gross Income: 67200.00
  • Gross Scheduled Income: 67200.00
  • Insurance Expense: 1000.00
  • Net Operating Income: 51400.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Range: 5
  • Operating Expense: 15800.00
  • Rent Control: No
  • Total Actual Rent: 5600.00
  • Total Expenses: 15800.00

Tax Info

  • New Taxes Expense: 11000.00
  • Tax Census Tract: 992.42
  • Tax Lot: 1
  • Tax Tract Number: 80575P

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
04/27/2017 04/27/17 Sold $1,040,000 -3.6% $289 / Sq Ft
02/13/2017 02/13/17 Pending -- -- --
02/06/2017 02/06/17 For Sale $1,079,000 +15.6% $300 / Sq Ft
06/22/2016 06/22/16 Sold $933,250 -6.2% $259 / Sq Ft
05/26/2016 05/26/16 Pending -- -- --
04/19/2016 04/19/16 For Sale $995,000 -- $276 / 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: OC17024838

California Regional Multiple Listing Service (CRMLS)

APN: 107-664-16