16582 Jib Circle, Huntington Beach, CA 92649
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16582 Jib Circle Huntington Beach, CA 92649

$1,913,500 Sold Price as of 10/18/2023
  • 8 Beds
  • 8.5 Baths
  • 4,602 Sq.Ft.
Sold
$1,913,500 Sold Price as of 10/18/2023 Refinance Your Mortgage

Map preview of 16582 Jib Circle, Huntington Beach, CA 92649

Property Overview: 16582 Jib Circle Huntington Beach, CA has 8 bedrooms, 8.5 bathrooms, 4,602 living square feet and 7,841 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Fourplex in Huntington Beach with great income potential for investors or anyone looking to create passive income. Unit 1 presents a 3 bedroom, 2.5 bathroom floorplan, washer/dryer hookups, and small private yard. Units 2 and 3 feature a 2 bedroom, 2.5 bathroom floorplan, and small private yard. Unit 4 is located above the garages and features a 1 bedroom, 1 bathroom floorplan and no common walls. 1 car garages are designated to each unit and the additional parking spaces in the driveway are first come first serve. The community laundry room offers additional revenue. All tenants pay for their own utilities, while the landlord covers water and trash. The property was completely fumigated in 2022 and a new water heater installed in the laundry room at the beginning of 2023. Amazing location near several shopping centers, Meadowlark Golf Club, Bella Terra, and much more! Less than 10 minutes away from Bolsa Chica State Beach.

Listed by Caesar Ruiz | BRE #01252075 | Grason Homes
Co-listed by Amanda Bruner | BRE #01462502 | Grason Homes
Last checked: 7 minutes ago | Last updated: October 18th, 2023 | Source CRMLS | DOM: 5

Home details

Lot Sq. Ft
7,841
HOA Dues
$0/mo
Year built
1977
Garage
4 Car
Property Type:
Fourplex
Status
Sold
MLS#
OC23174956
City
Huntington Beach
County
Orange
Time on Site
233 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Leased Units: 4
  • # of Electric Meters: 5
  • # of Gas Meters: 5
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 3
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,930
  • Total Rent: $1,930
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,660
  • Total Rent: $1,660
  • Pro Forma/Market Rent: $1,900
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,460
  • Total Rent: $2,460
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 3
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,100
  • Total Rent: $2,100
  • Pro Forma/Market Rent: $2,300
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $97,800
  • Net Operating Income: $80,542
  • Gross Operating Income: --
  • Laundry Income: $324
  • Laundry Own/Lease: Lease
Annual Expense Breakdown
  • Total Operating Expense: $17,258
  • Electric: $271
  • Gas/Fuel: $2,785
  • Licenses: $92
  • Furniture Replacement: $0
  • Trash: $3,584
  • Cable TV: $0
  • Gardener: $780
  • Insurance: $2,900
  • Workman's Comp: $0
  • Professional Management: $6,846
  • Water/Sewer: $0

Property Details for 16582 Jib Circle

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Fireplace(s), Forced Air
Laundry Information
  • Has Laundry
  • Common Area, See Remarks
Fireplace Information
  • Has Fireplace
  • Living Room, Gas
Room Information
  • Flooring: Carpet, Laminate
  • All Bedrooms Up, Kitchen, Living Room
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Gas Range, Gas Water Heater, Water Heater Central
Interior Features
  • Levels: Two
  • Window Features: Blinds, Screens
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Door Features: Sliding Doors
Exterior Features
Exterior Information
  • Roof: Asphalt, Composition, Flat
  • Rain Gutters
  • Has Fence
  • Wood
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Driveway, Garage, Garage - Single Door, Shared Driveway
Lot Information
  • Lot Features: 0-1 Unit/Acre, Cul-De-Sac, Lot 6500-9999, Sprinkler System
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Total # of Units: 4
  • Parcel Number: 17822201
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
  • Offered With Property: Each unit has a stove and dishwasher.
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: Unknown
  • Directions: Cross Street - Heil & Bolsa Chica
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Urban
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Sale History for 16582 Jib Circle

Last sold for $1,913,500 on October 18th, 2023
  • October, 2023

  • Oct 18, 2023

    Date

    Sold

    CRMLS: OC23174956

    $1,913,500

    Price

  • Sep 27, 2023

    Date

    Active

    CRMLS: OC23174956

    $1,899,000

    Price

  • December, 2003

  • Dec 8, 2003

    Date

    Sold (Public Records)

    Public Records

    $965,000

    Price

  • July, 2003

  • Jul 8, 2003

    Date

    Sold (Public Records)

    Public Records

    $770,000

    Price

  • July, 2003

  • Jul 8, 2003

    Date

    Sold

    CRMLS: P340564

    $770,000

    Price

  • Apr 25, 2003

    Date

    Active

    CRMLS: P340564

    $799,000

    Price

  • Listing provided courtesy of CRMLS

    Call La Re: 1st Right Of Refusal 1 Br Over 4 Single Car Garages With No Common Walls. 3 Twnhs Style Units, All With Yards. Seller To Provide Roof Allowance With Acceptable Offer. 2 Br Units Were Blt As 1br + Loft

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Tax History for 16582 Jib Circle

Assessed Value (2020): $1,254,543
Year Land Value Improved Value Assessed Value
2020 $949,039 $305,504 $1,254,543

Home Value Compared to the Market

This property vs the competition

16582 Jib Circle sold on October 18, 2023 for 47.21% 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 $412.65 per/sqft which puts the price per square foot 44.83% lower than the current median sale per square foot for the city of Huntington Beach.

About 16582 Jib Circle

Detailed summary of property

16582 Jib Circle is a fourplex that recently sold in Huntington Beach, CA 92649. This fourplex offered 8 bedrooms, 8.5 bathrooms, roughly 4,602 living square feet, and sits on an approximately 7,841 square foot lot. 16582 Jib Circle was first listed on ArdentRealEstateGroup.com on September 27, 2023. The homeowner sold the property for $1,913,500. 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 47.21% higher than the current median priced home. Local homes that are currently for sale include 241 Bennett Ave, 337 Ximeno Ave and 337 Ximeno Ave. While the average home in Huntington Beach, CA is selling in 56 days, 16582 Jib Circle has a days on market of 5 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 16582 Jib Circle Huntington Beach, CA 92649 contact Ardent Real Estate Group and we will put you in touch with one of our Huntington Beach agents.

Public Facts for 16582 Jib Circle

Public county record property details
Beds
--
Baths
--
Year built
1979
Sq. Ft.
4,602
Lot Size
8,105
Stories
2
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
3
APN
178-222-01

The source for these homes facts are from public records.

92649 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,588,888
Median List Price/Sq.Ft.
$816
Median Sold Price
$1,415,000
Median Sold Price/Sq.Ft.
$771
Total Inventory
82
Median Sale to List Price %
94.33%
Avg Days on Market
33
Loan Type
Conventional (21.88%), FHA (0%), VA (0%), Cash (62.5%), Other (12.5%)

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Related Resources to 16582 Jib Circle

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.