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16822 Sims Ln, Huntington Beach, CA 92649
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16822 Sims Ln Huntington Beach, CA 92649

$2,300,000 Sold Price as of 01/21/2022
  • 9 Beds
  • 6.5 Baths
  • 4,257 Sq.Ft.
Sold
$2,300,000 Sold Price as of 01/21/2022 Refinance Your Mortgage
Map preview of 16822 Sims Ln, Huntington Beach, CA 92649

Property Overview: 16822 Sims Ln Huntington Beach, CA has 9 bedrooms, 6.5 bathrooms, 4,257 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: 16822 Sims Lane is a 4-unit multifamily investment opportunity located in Huntington Beach, CA. Built in 1976, the property offers an excellent unit mix consisting of 2, 2 bed/1 bath units, 1, 2 bed/2 bath unit, and 1, 3 bed/2.5 bath townhouse unit. Amenities include on-site laundry, open and garage parking, a private balcony, and fireplaces. 16822 Sims Lane has an excellent north Huntington Beach location, located within blocks of the Huntington Harbour.

Listed by Kurt Hediger | BRE #01846649 | Marcus & Millichap RE Invest
Co-listed by Tyler Leeson | BRE #01451551 | Marcus & Millichap RE Invest
Last checked: 12 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 15

Home details

Lot Sq. Ft
8,276
HOA Dues
$0/mo
Year built
1976
Garage
6 Car
Property Type:
Multi Family
Status
Sold
MLS#
OC21249506
City
Huntington Beach
County
Orange
Time on Site
917 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,115
  • Total Rent: $3,115
  • Pro Forma/Market Rent: $4,790
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,200
  • Total Rent: $2,200
  • Pro Forma/Market Rent: $2,595
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,885
  • Total Rent: $1,885
  • Pro Forma/Market Rent: $2,995
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $86,400
  • Net Operating Income: $46,432
  • Gross Operating Income: $84,140
  • Vacancy Allowance: $2,592
  • Other Income 1: $332
  • Other Income Description: Miscellaneous
Annual Expense Breakdown
  • Total Operating Expense: $37,708
  • Electric: $1,197
  • Gas/Fuel: $1,197
  • New Taxes: $24,206
  • Trash: $1,197
  • Insurance: $1,881
  • Maintenance: $2,800
  • Water/Sewer: $1,197
  • Other Expenses: $4,033
  • Other Expense Description: Misc

Property Details for 16822 Sims Ln

Interior Features
Laundry Information
  • Has Laundry
  • Community
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 6
  • # of Parking Spaces: 15
Lot Information
  • Lot Features: Lawn, Level
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 17824208
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Nearby Cross Streets: Sims Lane & Pinecrest Circle
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

Local Huntington Beach Agent

Sale History for 16822 Sims Ln

Last sold for $2,300,000 on January 21st, 2022

  • January, 2022

  • Jan 21, 2022

    Date

    Sold

    CRMLS: OC21249506

    $2,300,000

    Price

  • Nov 15, 2021

    Date

    Active

    CRMLS: OC21249506

    $2,200,000

    Price

  • October, 1995

  • Oct 16, 1995

    Date

    Sold (Public Records)

    Public Records

    $380,000

    Price

Show More

Tax History for 16822 Sims Ln

Assessed Value (2020): $577,222
Year Land Value Improved Value Assessed Value
2020 $294,965 $282,257 $577,222

Home Value Compared to the Market

This property vs the competition

16822 Sims Ln sold on January 21, 2022 for 70.54% 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 $516.8 per/sqft which puts the price per square foot 30.91% lower than the current median sale per square foot for the city of Huntington Beach.

About 16822 Sims Ln

Detailed summary of property

16822 Sims Ln is a multi family that recently sold in Huntington Beach, CA 92649. This multi family property offered 9 bedrooms, 6.5 bathrooms, roughly 4,257 living square feet, and sits on an approximately 8,276 square foot lot. 16822 Sims Ln was first listed on ArdentRealEstateGroup.com on November 16, 2021. The homeowner sold the property for $2,300,000. 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 70.54% 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, 16822 Sims Ln has a days on market of 15 days. There are currently 317 homes for sale in the Huntington Beach real estate market and 214 of them are single family homes while 71 of them are condos and 32 are townhomes. For more information on this home for sale at 16822 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 16822 Sims Ln

Public county record property details
Beds
--
Baths
--
Year built
1976
Sq. Ft.
4,257
Lot Size
8,211
Stories
2
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
5
APN
178-242-08

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
80
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%)

Thinking of Selling?

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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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