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17052 Grove Circle, Huntington Beach, CA 92647
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17052 Grove Circle Huntington Beach, CA 92647

$1,500,000 Sold Price as of 11/30/2020
  • 8 Beds
  • 7 Baths
  • 3,984 Sq.Ft.
Sold
$1,500,000 Sold Price as of 11/30/2020 Refinance Your Mortgage
Map preview of 17052 Grove Circle, Huntington Beach, CA 92647

Property Overview: 17052 Grove Circle Huntington Beach, CA has 8 bedrooms, 7 bathrooms, 3,984 living square feet and 7,405 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 17052 Grove Circle is a 4-unit multifamily investment property located in Huntington Beach, one of the premier housing markets nationwide. This is a rare opportunity as the property has not been on the market in over 20 years. Built in 1967, 17052 Grove Circle consists of 1, one-bedroom unit, 2, two-bedroom units, and 1, three-bedroom unit. The property offers amenities including a fireplace (select unit), private patios, a private balcony (select unit), garage parking, uncovered parking, and onsite laundry. The property has been and is currently professionally managed.

Listed by Kurt Hediger | BRE #01846649 | Marcus & Millichap RE Invest
Last checked: 4 seconds ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 11

Home details

Lot Sq. Ft
7,405
HOA Dues
$0/mo
Year built
1967
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
OC20220361
City
Huntington Beach
County
Orange
Time on Site
1430 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: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,275
  • Total Rent: $1,275
  • Pro Forma/Market Rent: $1,650
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,920
  • Total Rent: $2,920
  • Pro Forma/Market Rent: $4,200
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,970
  • Total Rent: $1,970
  • Pro Forma/Market Rent: $2,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $73,980
  • Net Operating Income: $44,270
  • Gross Operating Income: $72,121
  • Vacancy Allowance: $2,219
  • Other Income 1: $360
  • Other Income Description: Miscellaneous
Annual Expense Breakdown
  • Total Operating Expense: $27,851
  • Electric: $1,014
  • Gas/Fuel: $1,014
  • New Taxes: $17,472
  • Trash: $1,936
  • Insurance: $1,200
  • Maintenance: $2,600
  • Water/Sewer: $1,015
  • Other Expenses: $1,600
  • Other Expense Description: Misc

Property Details for 17052 Grove Circle

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: 4
  • # of Parking Spaces: 14
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: 11040103
  • 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: Pinehurst Lane & Warner Avenue
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights
View more facts & features

Local Huntington Beach Agent

Sale History for 17052 Grove Circle

Last sold for $1,500,000 on November 30th, 2020

  • December, 2020

  • Dec 1, 2020

    Date

    Sold

    CRMLS: OC20220361

    $1,500,000

    Price

  • Nov 25, 2020

    Date

    Pending

    CRMLS: OC20220361

    $1,500,000

    Price

  • Oct 30, 2020

    Date

    Active Under Contract

    CRMLS: OC20220361

    $1,500,000

    Price

  • Oct 19, 2020

    Date

    Active

    CRMLS: OC20220361

    $1,500,000

    Price

  • November, 2020

  • Nov 30, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,500,000

    Price

  • January, 1996

  • Jan 25, 1996

    Date

    Sold (Public Records)

    Public Records

    $330,000

    Price

Show More

Tax History for 17052 Grove Circle

Assessed Value (2020): $501,268
Year Land Value Improved Value Assessed Value
2020 $323,973 $177,295 $501,268

Home Value Compared to the Market

This property vs the competition

17052 Grove Circle sold on November 30, 2020 for 20% 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 $376.51 per/sqft which puts the price per square foot 52.34% lower than the current median sale per square foot for the city of Huntington Beach.

About 17052 Grove Circle

Detailed summary of property

17052 Grove Circle is a multi family that recently sold in Huntington Beach, CA 92647. This multi family property offered 8 bedrooms, 7 bathrooms, roughly 3,984 living square feet, and sits on an approximately 7,405 square foot lot. 17052 Grove Circle was first listed on ArdentRealEstateGroup.com on October 19, 2020. The homeowner sold the property for $1,500,000. 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 20% higher than the current median priced home. Local homes that are currently for sale include 32 Glendora Ave, 236 Corona Ave and 2550 W Rowland Ave. While the average home in Huntington Beach, CA is selling in 63 days, 17052 Grove Circle has a days on market of 11 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 17052 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 17052 Grove Circle

Public county record property details
Beds
--
Baths
--
Year built
1967
Sq. Ft.
3,984
Lot Size
7,643
Stories
2
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
12
APN
110-401-03

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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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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