16691 Sims Ln, Huntington Beach, CA 92649
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16691 Sims Ln Huntington Beach, CA 92649

$2,250,000 Sold Price as of 06/12/2023
  • 9 Beds
  • 6.25 Baths
  • 4,318 Sq.Ft.
Sold
$2,250,000 Sold Price as of 06/12/2023 Refinance Your Mortgage

Map preview of 16691 Sims Ln, Huntington Beach, CA 92649

Property Overview: 16691 Sims Ln Huntington Beach, CA has 9 bedrooms, 6.25 bathrooms, 4,318 living square feet and 8,276 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Wonderful investment opportunity in desirable Huntington Harbor - this 4,318 square foot 4-plex offers spacious units, abundant parking and low maintenance on a large, 8,276 square foot lot. The first unit is a beautiful 2-story townhome featuring 3 bedrooms, including a primary suite, and 2.5 bathrooms, in-unit laundry, a side yard and front patio. This townhome features smooth ceilings, inviting living room with a brick fireplace, vinyl floors throughout, ample natural light, and a remodeled kitchen with a large, granite-topped peninsula. The second unit also has 3 bedrooms, including a primary suite with an enormous walk-in closet, and 2 bathrooms, with a sunny balcony, open concept living and dining areas, modern, smooth-faced fireplace and a well-appointed galley kitchen. The third unit is a 2-bedroom, 2 bathroom with its own private balcony, living room with fireplace, charming dining area that connects to the kitchen. Both bedrooms are generously sized and bathed in natural light, creating a warm and inviting atmosphere. The fourth unit consists of 1 bedroom and 1 bathroom with a private yard. This cool unit features a galley kitchen and beautifully, remodeled bathroom. The oversized shower boasts subway and glass accent tiles. The private, grassy yard is a real bonus. Three of the units share a common laundry facility. Additionally, the back of the property has a huge yard that all tenants can enjoy. There are 6 enclosed garages with abundant, uncovered parking spots and a long driveway. The tenants pay their own electricity and gas. In addition to a great building, the location of the property near the water, shops, and restaurants, makes it a huge draw for attracting tenants.

Listed by Kendra Miller | BRE #01396646 | Keller Williams Coastal Prop.
Last checked: 9 minutes ago | Last updated: June 13th, 2023 | Source CRMLS | DOM: 21

Home details

Lot Sq. Ft
8,276
HOA Dues
$0/mo
Year built
1970
Garage
6 Car
Property Type:
Fourplex
Status
Sold
MLS#
PW23055748
City
Huntington Beach
County
Orange
Time on Site
400 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # 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: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,950
  • Total Rent: $1,950
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,700
  • Total Rent: $1,700
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,025
  • Total Rent: $3,025
  • Pro Forma/Market Rent: $3,300
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,200
  • Total Rent: $2,200
  • Pro Forma/Market Rent: $3,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $105,900
  • Net Operating Income: $67,018
  • Gross Operating Income: --
  • Vacancy Allowance: $0
  • # of Rented Garages: 0
  • Laundry Income: $84
  • Laundry Own/Lease: Lease
Annual Expense Breakdown
  • Total Operating Expense: $38,882
  • Electric: $1,286
  • Gas/Fuel: $857
  • Trash: $1,728
  • Gardener: $960
  • Insurance: $2,500
  • Professional Management: $10,800
  • Water/Sewer: $1,414
  • Other Expenses: $154
  • Other Expense Description: FireInsp

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Property Details for 16691 Sims Ln

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Central, Wall Furnace
Laundry Information
  • Has Laundry
  • Community, In Closet
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Flooring: Carpet, Tile, Vinyl
Interior Features
  • Ceiling Fan(s), Recessed Lighting
  • Levels: Two
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • Lighting
  • 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: 6
  • # of Parking Spaces: 12
  • Has Parking
  • Parking Features: Assigned, Driveway, Garage - Single Door
Lot Information
  • Lot Features: Back Yard, Lawn, Park Nearby
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 17818215
  • Year Built Source: Assessor
  • Foundation Details: Slab
  • Property is not Attached
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, Water Connected
Location / Neighborhood
Location Information
  • Subdivision Name: Mainland (HHML)
  • Directions: From Warner Ave, head north on Simms Lane. Pass Pearce Dr and the building is on the left.
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Curbs, Park, Watersports, Storm Drains, Street Lights
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Sale History for 16691 Sims Ln

Last sold for $2,250,000 on June 12th, 2023
  • June, 2023

  • Jun 12, 2023

    Date

    Sold

    CRMLS: PW23055748

    $2,250,000

    Price

  • Apr 5, 2023

    Date

    Active

    CRMLS: PW23055748

    $2,275,000

    Price

  • November, 2006

  • Nov 30, 2006

    Date

    Sold (Public Records)

    Public Records

    $1,310,000

    Price

  • March, 2005

  • Mar 18, 2005

    Date

    Sold (Public Records)

    Public Records

    $1,245,000

    Price

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Tax History for 16691 Sims Ln

Assessed Value (2020): $1,604,835
Year Land Value Improved Value Assessed Value
2020 $1,331,742 $273,093 $1,604,835

Home Value Compared to the Market

This property vs the competition

16691 Sims Ln sold on June 12, 2023 for 76.36% 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 $526.86 per/sqft which puts the price per square foot 29.56% lower than the current median sale per square foot for the city of Huntington Beach.

About 16691 Sims Ln

Detailed summary of property

16691 Sims Ln is a fourplex that recently sold in Huntington Beach, CA 92649. This fourplex offered 9 bedrooms, 6.25 bathrooms, roughly 4,318 living square feet, and sits on an approximately 8,276 square foot lot. 16691 Sims Ln was first listed on ArdentRealEstateGroup.com on April 5, 2023. The homeowner sold the property for $2,250,000. 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 76.36% higher than the current median priced home. Local homes that are currently for sale include 268 Park Avenue, 219 Prospect Ave and 219 Prospect Ave. While the average home in Huntington Beach, CA is selling in 55 days, 16691 Sims Ln has a days on market of 21 days. There are currently 307 homes for sale in the Huntington Beach real estate market and 203 of them are single family homes while 74 of them are condos and 30 are townhomes. For more information on this home for sale at 16691 Sims Ln 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 16691 Sims Ln

Public county record property details
Beds
--
Baths
--
Year built
1976
Sq. Ft.
4,344
Lot Size
8,004
Stories
2
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
8
APN
178-182-15

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.
$805
Median Sold Price
$1,415,000
Median Sold Price/Sq.Ft.
$771
Total Inventory
79
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 16691 Sims Ln

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.