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18572 Demion Ln, Huntington Beach, CA 92646
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18572 Demion Ln Huntington Beach, CA 92646

$2,100,000 Sold Price as of 12/20/2022
  • 9 Beds
  • 7 Baths
  • 4,350 Sq.Ft.
Sold
$2,100,000 Sold Price as of 12/20/2022 Refinance Your Mortgage
Map preview of 18572 Demion Ln, Huntington Beach, CA 92646

Property Overview: 18572 Demion Ln Huntington Beach, CA has 9 bedrooms, 7 bathrooms, 4,350 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: Attention owner users or investors, rare opportunity to own a well maintained 4-Plex in Surf City USA! Great upside rent potential in this ideal unit mix! Large and spacious front house with 3 bedroom & 2 baths + TWO 2 bedroom 2 bath units with large balconies and an oversized deck + a large 2 bedroom 1 bath unit. Each unit has its own private garage and laundry. These spacious and well maintained 4 units were recently upgraded and remodeled and should garner high current monthly market rents of $12,750 or more!

Listed by Luis Guevara | BRE #01109164 | Keller Williams Huntington Beach
Last checked: 3 minutes ago | Last updated: December 21st, 2022 | Source CRMLS | DOM: 143

Home details

Lot Sq. Ft
7,405
HOA Dues
$0/mo
Year built
1971
Garage
5 Car
Property Type:
Fourplex
Status
Sold
MLS#
RS22129439
City
Huntington Beach
County
Orange
Time on Site
686 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: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,600
  • Total Rent: $2,600
  • Pro Forma/Market Rent: $4,100
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,920
  • Total Rent: $1,920
  • Pro Forma/Market Rent: $2,900
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,850
  • Total Rent: $1,850
  • Pro Forma/Market Rent: $2,900
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,775
  • Total Rent: $1,775
  • Pro Forma/Market Rent: $2,850
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $97,740
  • Net Operating Income: $62,161
  • Gross Operating Income: $97,740
Annual Expense Breakdown
  • Total Operating Expense: $35,579
  • Electric: $240
  • Licenses: $90
  • New Taxes: $26,389
  • Trash: $1,920
  • Gardener: $1,020
  • Insurance: $4,000
  • Water/Sewer: $1,920

Property Details for 18572 Demion Ln

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Forced Air
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: 7
  • Has Parking
  • Parking Features: Assigned, Garage
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Park/Greenbelt
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 15750110
  • Year Built Source: Assessor
  • 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: Starlight Mesa Dist 14 (STME)
  • Directions: East of Beach Blvd. & South of Ellis Ave.
Neighborhood Information
  • Community Features: Biking, Curbs, Dog Park, Fishing, Golf, Park, Watersports, Sidewalks, Storm Drains, Street Lights, Suburban
View more facts & features

Local Huntington Beach Agent

Sale History for 18572 Demion Ln

Last sold for $2,100,000 on December 20th, 2022

  • December, 2022

  • Dec 20, 2022

    Date

    Sold

    CRMLS: RS22129439

    $2,100,000

    Price

  • Jun 17, 2022

    Date

    Active

    CRMLS: RS22129439

    $2,399,000

    Price

  • February, 2003

  • Feb 18, 2003

    Date

    Sold (Public Records)

    Public Records

    $829,000

    Price

  • May, 1999

  • May 4, 1999

    Date

    Sold (Public Records)

    Public Records

    $454,000

    Price

Show More

Tax History for 18572 Demion Ln

Assessed Value (2020): $1,097,858
Year Land Value Improved Value Assessed Value
2020 $463,515 $634,343 $1,097,858

Home Value Compared to the Market

This property vs the competition

18572 Demion Ln sold on December 20, 2022 for 74.42% 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 $517.24 per/sqft which puts the price per square foot 30.85% lower than the current median sale per square foot for the city of Huntington Beach.

About 18572 Demion Ln

Detailed summary of property

18572 Demion Ln is a fourplex that recently sold in Huntington Beach, CA 92646. This fourplex offered 9 bedrooms, 7 bathrooms, roughly 4,350 living square feet, and sits on an approximately 7,405 square foot lot. 18572 Demion Ln was first listed on ArdentRealEstateGroup.com on June 17, 2022. The homeowner sold the property for $2,100,000. 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 74.42% higher than the current median priced home. Local homes that are currently for sale include 150 Cecil Pl, 233 Costa Mesa St and 251 Costa Mesa St. While the average home in Huntington Beach, CA is selling in 58 days, 18572 Demion Ln has a days on market of 143 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 18572 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 18572 Demion Ln

Public county record property details
Beds
--
Baths
--
Year built
1971
Sq. Ft.
4,350
Lot Size
7,405
Stories
--
Type
Apartments (Generic)
Pool
No
Spa
No
County
Orange
Lot#
33
APN
157-501-10

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 18572 Demion Ln

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18612 Demion Ln, Huntington Beach, CA 92646
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18642 Demion Ln, Huntington Beach, CA 92646
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18642 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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