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112 7Th St, Huntington Beach, CA 92648
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112 7Th St Huntington Beach, CA 92648

$2,675,000 Sold Price as of 07/15/2019
  • 13 Beds
  • 10 Baths
  • 3,960 Sq.Ft.
Sold
$2,675,000 Sold Price as of 07/15/2019 Refinance Your Mortgage
Map preview of 112 7Th St, Huntington Beach, CA 92648

Property Overview: 112 7Th St Huntington Beach, CA has 13 bedrooms, 10 bathrooms, 3,960 living square feet and 5,800 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Beach View Apartments- 10 Beachfront Cottages in Huntington Beach- Adjacent to the Pier and Downtown Commercial Area. Prime location. Older Cottage Style units- all ground level. Hardwood floors, tile baths and kitchens. Clean and presentable. Rents are low and units are in high demand. Utilities are paid by Owner. Some units are furnished or for use by family members. Perfect for Long Term Investment or 1031 upleg. No off street parking.

Listed by Keith Wichner | BRE #00586443 | Seven Gables Real Estate
Last checked: 12 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 23

Home details

Lot Sq. Ft
5,800
HOA Dues
$0/mo
Year built
1921
Garage
--
Property Type:
Apartment
Status
Sold
MLS#
OC19054345
City
Huntington Beach
County
Orange
Time on Site
1398 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 10
  • Total # of Buildings: 2
  • # of Leased Units: 10
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Furnished
  • Actual Rent: $1,700
  • Total Rent: $6,800
  • Pro Forma/Market Rent: $1,850
Unit Breakdown 2
  • # of Units: 5
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Actual Rent: $1,300
  • Total Rent: $6,500
  • Pro Forma/Market Rent: $1,350
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Actual Rent: $900
  • Total Rent: $900
  • Pro Forma/Market Rent: $1,100
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.7%
  • Gross Rent Multiplier: 16.7
  • Gross Scheduled Income: $170,446
  • Net Operating Income: $106,536
  • Gross Operating Income: $165,333
  • Vacancy Allowance: $5,113
  • Gross Spendable Income: $20,016
  • # of Rented Garages: 0
  • Garage Rental Rate: $0
  • Garage Rental Income: $0
  • Laundry Income: $600
  • Laundry Own/Lease: Lease
Annual Expense Breakdown
  • Total Operating Expense: $58,797
  • Electric: $2,669
  • Gas/Fuel: $1,606
  • Licenses: $200
  • New Taxes: $32,775
  • Trash: $1,460
  • Gardener: $495
  • Insurance: $2,115
  • Maintenance: $8,500
  • Professional Management: $4,800
  • Water/Sewer: $3,386

Property Details for 112 7Th St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Community, Dryer Included, Individual Room, Washer Included
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Wood
Kitchen Information
  • Has Appliances
  • Gas Oven, Gas Range
Interior Features
  • Ceramic Counters
  • Levels: One
  • Security Features: Fire and Smoke Detection System
  • Door Features: Panel Doors
Exterior Features
Exterior Information
  • Roof: Composition
  • Has Fence
  • Wood
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Unassigned
Lot Information
  • Elevation: 10
  • Lot Features: Level with Street, Near Public Transit
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: Ocean
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Total # of Units: 10
  • Parcel Number: 02415120
  • Year Built Source: Assessor
  • Architectural Style: Bungalow
  • Entry Level: 1
  • Foundation Details: Concrete Perimeter
  • Property is Attached
  • Has Additional Parcels
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Subdivision Name: Downtown Area (DOWN)
  • Directions: PCH, 7th st
  • Road Frontage Type: City Street
  • Road Surface Type: Alley Paved, Paved
Neighborhood Information
  • Community Features: Street Lights, Suburban
View more facts & features

Local Huntington Beach Agent

Sale History for 112 7Th St

Last sold on November 15th, 2019

  • November, 2019

  • Nov 15, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • August, 2019

  • Aug 12, 2019

    Date

    Leased

    CRMLS: OC19167233

    $1,900

    Price

  • Aug 6, 2019

    Date

    Pending

    CRMLS: OC19167233

    $1,900

    Price

  • Jul 29, 2019

    Date

    Price Change

    CRMLS: OC19167233

    $1,900

    Price

  • Jul 29, 2019

    Date

    Active

    CRMLS: OC19167233

    $1,950

    Price

  • Jul 27, 2019

    Date

    Hold

    CRMLS: OC19167233

    $1,950

    Price

  • Jul 17, 2019

    Date

    Active

    CRMLS: OC19167233

    $1,950

    Price

  • Listing provided courtesy of CRMLS

    Location! Location! It does not get better than this! Quaint and cute beach cabin with 2 bedrooms and a family room with kitchen and 1 bathroom.Laundry facility on site! Perfect for surfers and beach goers and located just steps from the beach and main street! Stores, shops, etc are steps away! Smell the ocean, feel the sand, feel the energy, liv da dream! 15 steps to Sanchitos tacos, CVS, 602 cafe shop, HQ PUB, etc! It's a no brainer!

  • July, 2019

  • Jul 15, 2019

    Date

    Sold

    CRMLS: OC19054345

    $2,675,000

    Price

  • Apr 3, 2019

    Date

    Active Under Contract

    CRMLS: OC19054345

    $2,850,000

    Price

  • Mar 11, 2019

    Date

    Active

    CRMLS: OC19054345

    $2,850,000

    Price

  • July, 2019

  • Jul 15, 2019

    Date

    Sold (Public Records)

    Public Records

    $2,675,000

    Price

Show More

Tax History for 112 7Th St

Assessed Value (2020): $468,000
Year Land Value Improved Value Assessed Value
2020 $444,000 $24,000 $468,000

Home Value Compared to the Market

This property vs the competition

112 7Th St sold on July 15, 2019 for 120.93% higher than the current median sold price for the city of Huntington Beach which is $1,290,000. The median sold price per/sqft for Huntington Beach is $748 and this home is sold at $719.7 per/sqft which puts the price per square foot 3.78% lower than the current median sale per square foot for the city of Huntington Beach.

About 112 7Th St

Detailed summary of property

112 7Th St is a apartment that recently sold in Huntington Beach, CA 92648. This apartment offered 13 bedrooms, 10 bathrooms, roughly 3,960 living square feet, and sits on an approximately 5,800 square foot lot. 112 7Th St was first listed on ArdentRealEstateGroup.com on July 20, 2020. The homeowner sold the property for $2,675,000. Home in Huntington Beach are selling for a median price of $1,290,000 and a median price per square foot of $748. Based on Ardent Real Estate Group's Huntington Beach Market Data, this home is sold 120.93% higher than the current median priced home. Local homes that are currently for sale include 16052 Waikiki Ln, 1924 Maple Ave and 280 E 16th St.. While the average home in Huntington Beach, CA is selling in 56 days, 112 7Th St has a days on market of 23 days. There are currently 309 homes for sale in the Huntington Beach real estate market and 208 of them are single family homes while 69 of them are condos and 32 are townhomes. For more information on this home for sale at 112 7Th St Huntington Beach, CA 92648 contact Ardent Real Estate Group and we will put you in touch with one of our Huntington Beach agents.

Public Facts for 112 7Th St

Public county record property details
Beds
--
Baths
--
Year built
1921
Sq. Ft.
2,016
Lot Size
1,088
Stories
2
Type
Apartments (Generic)
Pool
No
Spa
No
County
Orange
Lot#
12
APN
024-151-20

The source for these homes facts are from public records.

92648 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,525,000
Median List Price/Sq.Ft.
$830
Median Sold Price
$1,525,000
Median Sold Price/Sq.Ft.
$792
Total Inventory
104
Median Sale to List Price %
101.67%
Avg Days on Market
28
Loan Type
Conventional (36.36%), FHA (3.03%), VA (0%), Cash (45.45%), Other (15.15%)

Thinking of Selling?

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(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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