17051 Grove Circle, Huntington Beach, CA 92647
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17051 Grove Circle Huntington Beach, CA 92647

$1,875,000 Sold Price as of 04/17/2023
  • 8 Beds
  • 7 Baths
  • 3,984 Sq.Ft.
Sold
$1,875,000 Sold Price as of 04/17/2023 Refinance Your Mortgage

Map preview of 17051 Grove Circle, Huntington Beach, CA 92647

Property Overview: 17051 Grove Circle Huntington Beach, CA has 8 bedrooms, 7 bathrooms, 3,984 living square feet and 6,098 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Introducing an unparalleled opportunity to acquire an exceptional multi-family property located on a desirable cul-de-sac in the highly sought-after housing market of Huntington Beach. This prestigious property boasts four upgraded units, offering the perfect balance of luxury and comfort. The front unit is a remarkable three-bedroom, two-bathroom abode, complete with a cozy fireplace and a newly renovated kitchen featuring opulent quartz countertops and top-of-the-line appliances. Throughout the unit, stunning tile flooring has been seamlessly integrated, while newer paint adds a touch of sophistication to the space. Step outside to find not one, but two serene patio areas - the ultimate retreat for relaxation and rejuvenation. Upstairs, two equally exquisite two-bedroom, two-bathroom units await, each boasting highly upgraded kitchens, bathrooms, and flooring. Elegance exudes from every inch of these charming units, providing the perfect blend of luxury and functionality. The final unit is a grand one-bedroom, one-bathroom residence that features both front and rear patios - the ideal spots to bask in the California sunshine. Each tenant will have access to the convenience of garages and open-space parking, ensuring effortless living. For added ease, this exceptional property includes a laundry facility on the premises, while all units are individually metered for gas and electricity. A professional management team has carefully curated and maintained the property, ensuring that it remains in pristine condition. This investment opportunity is not one to be missed, presenting the ultimate chance to secure a highly prestigious property in one of the most sought-after locations in the nation. Don't delay, act now and experience the epitome of luxury living with this magnificent multi-family property.

Listed by Maher Haroun | BRE #01335923 | First Team Real Estate
Last checked: 47 seconds ago | Last updated: June 6th, 2023 | Source CRMLS | DOM: 7

Home details

Lot Sq. Ft
6,098
HOA Dues
$0/mo
Year built
1967
Garage
4 Car
Property Type:
Fourplex
Status
Sold
MLS#
PW23035469
City
Huntington Beach
County
Orange
Time on Site
560 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: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,200
  • Total Rent: $3,200
  • Pro Forma/Market Rent: $3,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,790
  • Total Rent: $1,790
  • Pro Forma/Market Rent: $1,790
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $2,500
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,575
  • Total Rent: $2,575
  • Pro Forma/Market Rent: $2,575
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $120,780
  • Net Operating Income: $63,730
  • Gross Operating Income: $117,157
  • Vacancy Allowance: $3,623
  • Laundry Income: $789
  • Laundry Own/Lease: Own
Annual Expense Breakdown
  • Total Operating Expense: $53,427
  • Electric: $23
  • Gas/Fuel: $1,843
  • Licenses: $123
  • New Taxes: $22,933
  • Trash: $2,370
  • Gardener: $1,236
  • Insurance: $3,681
  • Maintenance: $6,165
  • Professional Management: $5,502
  • Water/Sewer: $1,914
  • Other Expenses: $3,239

Property Details for 17051 Grove Circle

Interior Features
Laundry Information
  • Has Laundry
  • Common Area
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 7
Lot Information
  • Lot Features: Cul-De-Sac
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 11040104
  • Year Built Source: Assessor
  • Foundation Details: Slab
  • Property is not Attached
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: Other
  • Directions: From Warner Ave, turn on Pinehurst Lane, left on Summerdale Dr and left on Grove Circle
Neighborhood Information
  • Community Features: Sidewalks
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Sale History for 17051 Grove Circle

Last sold for $1,875,000 on April 17th, 2023
  • April, 2023

  • Apr 17, 2023

    Date

    Sold

    CRMLS: PW23035469

    $1,875,000

    Price

  • Mar 8, 2023

    Date

    Active

    CRMLS: PW23035469

    $1,995,000

    Price

  • September, 2014

  • Sep 2, 2014

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • December, 2013

  • Dec 3, 2013

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 17051 Grove Circle

Assessed Value (2020): $1,248,141
Year Land Value Improved Value Assessed Value
2020 $1,050,813 $197,328 $1,248,141

Home Value Compared to the Market

This property vs the competition

17051 Grove Circle sold on April 17, 2023 for 59.6% higher than the current median sold price for the city of Huntington Beach which is $1,250,000. The median sold price per/sqft for Huntington Beach is $790 and this home is sold at $500.75 per/sqft which puts the price per square foot 36.61% lower than the current median sale per square foot for the city of Huntington Beach.

About 17051 Grove Circle

Detailed summary of property

17051 Grove Circle is a fourplex that recently sold in Huntington Beach, CA 92647. This fourplex offered 8 bedrooms, 7 bathrooms, roughly 3,984 living square feet, and sits on an approximately 6,098 square foot lot. 17051 Grove Circle was first listed on ArdentRealEstateGroup.com on March 9, 2023. The homeowner sold the property for $1,875,000. Home in Huntington Beach are selling for a median price of $1,250,000 and a median price per square foot of $790. Based on Ardent Real Estate Group's Huntington Beach Market Data, this home is sold 59.6% higher than the current median priced home. Local homes that are currently for sale include 231 S Laxore St, 119 S Delano St and 32 Glendora Ave. While the average home in Huntington Beach, CA is selling in 63 days, 17051 Grove Circle has a days on market of 7 days. There are currently 398 homes for sale in the Huntington Beach real estate market and 280 of them are single family homes while 93 of them are condos and 25 are townhomes. For more information on this home for sale at 17051 Grove Circle Huntington Beach, CA 92647 contact Ardent Real Estate Group and we will put you in touch with one of our Huntington Beach agents.

Public Facts for 17051 Grove Circle

Public county record property details
Beds
--
Baths
--
Year built
1967
Sq. Ft.
3,985
Lot Size
7,726
Stories
2
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
11
APN
110-401-04

The source for these homes facts are from public records.

92647 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,292,000
Median List Price/Sq.Ft.
$691
Median Sold Price
$1,175,000
Median Sold Price/Sq.Ft.
$706
Total Inventory
56
Median Sale to List Price %
98%
Avg Days on Market
15
Loan Type
Conventional (46.67%), FHA (0%), VA (0%), Cash (33.33%), Other (20%)

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Related Resources to 17051 Grove 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.