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18552 Demion Ln, Huntington Beach, CA 92646
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18552 Demion Ln Huntington Beach, CA 92646

$1,850,000 Sold Price as of 07/07/2023
  • 9 Beds
  • 7 Baths
  • 4,348 Sq.Ft.
Sold
$1,850,000 Sold Price as of 07/07/2023 Refinance Your Mortgage
Map preview of 18552 Demion Ln, Huntington Beach, CA 92646

Property Overview: 18552 Demion Ln Huntington Beach, CA has 9 bedrooms, 7 bathrooms, 4,348 living square feet and 7,453 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Fabulous Covington 4-plex centrally located in Huntington Beach. This property is adjacent to Helme Park, walking distance to shopping/restaurants, close proximity to freeways and a short bike ride to world renowned beaches. This income producing 4plex is made up of one 3 bd/2 bath unit with a 2 car garage, two 2 bd/2 bath units, and one 2bd/1 bath unit. Two of the units have been updated. All units have garages with new roll up style doors with openers, along with washer/dryer hookups. This property has been well maintained and is easy to keep fully occupied since it's in a highly desirable part of Huntington Beach with great schools. Don't miss out on this opportunity!

Listed by Scott Gibson | BRE #01234749 | Realty One Group West
Last checked: 3 minutes ago | Last updated: July 9th, 2023 | Source CRMLS | DOM: 4

Home details

Lot Sq. Ft
7,453
HOA Dues
$0/mo
Year built
1971
Garage
5 Car
Property Type:
Fourplex
Status
Sold
MLS#
OC23074672
City
Huntington Beach
County
Orange
Time on Site
333 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $2,550
  • Pro Forma/Market Rent: $4,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,300
  • Total Rent: $2,300
  • Pro Forma/Market Rent: $2,600
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $124,800
  • Net Operating Income: $85,056
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $36,000
  • Trash: $2,817
  • Insurance: $3,048
  • Water/Sewer: $1,809

Property Details for 18552 Demion Ln

Interior Features
Laundry Information
  • Has Laundry
  • In Garage
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 5
  • # of Parking Spaces: 5
Lot Information
  • Lot Features: Rectangular Lot, Level
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 15750109
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: NA
  • Directions: Go East on Ellis from Beach Blvd, then south on Demion.
Neighborhood Information
  • Community Features: Curbs, Park, Sidewalks, Street Lights
View more facts & features

Local Huntington Beach Agent

Sale History for 18552 Demion Ln

Last sold for $1,850,000 on July 7th, 2023

  • July, 2023

  • Jul 7, 2023

    Date

    Sold

    CRMLS: OC23074672

    $1,850,000

    Price

  • May 2, 2023

    Date

    Active

    CRMLS: OC23074672

    $2,199,000

    Price

  • December, 2016

  • Dec 2, 2016

    Date

    Sold (Public Records)

    Public Records

    $1,487,000

    Price

  • September, 2004

  • Sep 8, 2004

    Date

    Sold (Public Records)

    Public Records

    $1,050,000

    Price

Show More

Tax History for 18552 Demion Ln

Assessed Value (2020): $1,577,882
Year Land Value Improved Value Assessed Value
2020 $1,337,122 $240,760 $1,577,882

Home Value Compared to the Market

This property vs the competition

18552 Demion Ln sold on July 7, 2023 for 55.04% 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 $459.98 per/sqft which puts the price per square foot 38.51% lower than the current median sale per square foot for the city of Huntington Beach.

About 18552 Demion Ln

Detailed summary of property

18552 Demion Ln is a fourplex that recently sold in Huntington Beach, CA 92646. This fourplex offered 9 bedrooms, 7 bathrooms, roughly 4,348 living square feet, and sits on an approximately 7,453 square foot lot. 18552 Demion Ln was first listed on ArdentRealEstateGroup.com on June 5, 2023. The homeowner sold the property for $1,850,000. 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 55.04% higher than the current median priced home. Local homes that are currently for sale include 1544 Orchard Dr, 1554 Orchard Dr and 2112 S Cindy Pl. While the average home in Huntington Beach, CA is selling in 58 days, 18552 Demion Ln has a days on market of 4 days. There are currently 293 homes for sale in the Huntington Beach real estate market and 196 of them are single family homes while 66 of them are condos and 31 are townhomes. For more information on this home for sale at 18552 Demion Ln Huntington Beach, CA 92646 contact Ardent Real Estate Group and we will put you in touch with one of our Huntington Beach agents.

Public Facts for 18552 Demion Ln

Public county record property details
Beds
--
Baths
--
Year built
1971
Sq. Ft.
4,348
Lot Size
7,452
Stories
--
Type
Apartments (Generic)
Pool
No
Spa
No
County
Orange
Lot#
34
APN
157-501-09

The source for these homes facts are from public records.

92646 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,250,000
Median List Price/Sq.Ft.
$704
Median Sold Price
$1,265,000
Median Sold Price/Sq.Ft.
$688
Total Inventory
69
Median Sale to List Price %
97.38%
Avg Days on Market
24
Loan Type
Conventional (22.22%), FHA (0%), VA (4.44%), Cash (42.22%), Other (31.11%)

Thinking of Selling?

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Recently Sold Homes Near 18552 Demion Ln

18572 Demion Ln, Huntington Beach, CA 92646
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18632 Demion Ln, Huntington Beach, CA 92646
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4349 Sq.Ft.
18632 Demion Ln
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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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