211 Utica Ave, Huntington Beach, CA 92648
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211 Utica Ave Huntington Beach, CA 92648

$1,271,900 Sold Price as of 04/01/2019
  • 6 Beds
  • 5 Baths
  • 3,057 Sq.Ft.
Sold
$1,271,900 Sold Price as of 04/01/2019 Refinance Your Mortgage

Map preview of 211 Utica Ave, Huntington Beach, CA 92648

Property Overview: 211 Utica Ave Huntington Beach, CA has 6 bedrooms, 5 bathrooms, 3,057 living square feet and 6,199 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: HIGHLY MOTIVATED SELLER!! LOOKING TO SELL QUICKLY. SELLER HAS 1031 EXCHANGE PROPERTY ALREADY IN ESCROW. SUBMIT ALL OFFERS. We are pleased to offer 211 Utica Avenue, Huntington Beach, a 3-unit apartment investment opportunity located in a prime rental location in Huntington Beach. The city is home to almost 40% renters making Huntington Beach an ideal place to invest. The opportunity at 211 Utica Avenue is comprised of (1) one bedroom/one bathroom unit, (1) two bedroom/two bathroom unit and (1) three bedroom/two bathroom unit. Tenants enjoy garage parking, patios and balconies all while being a short distance to the beach and all of what Huntington Beach has to offer. The offering at 211 Utica Avenue upside potential on current rents that is not subject to rent control and is ideal for an owner occupy setup. This is an excellent opportunity to invest in quintessential Southern California real estate. Also can be purchased together with 3 units at 2221 Alabama Street, Huntington Beach. *Single Story Units, 1, 2 & 3-Bedroom Units, *Estimated 16% Upside in Rents, *Large Units; 3,057 Rentable Square Feet, *Perfect for Owner Occupy, *4.25% Fixed Rate Financing Available, *Can be Purchased Together with 3 Units at 2221 Alabama Street

Listed by Rick Applebaum | BRE #01273871 | Morgan Skenderian
Last checked: 6 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 67

Home details

Lot Sq. Ft
6,199
HOA Dues
$0/mo
Year built
1976
Garage
3 Car
Property Type:
Multi Family
Status
Sold
MLS#
PW18275174
City
Huntington Beach
County
Orange
Time on Site
1410 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # 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: $1,575
  • Total Rent: $1,575
  • Pro Forma/Market Rent: $1,750
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,345
  • Total Rent: $2,345
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,215
  • Total Rent: $2,215
  • Pro Forma/Market Rent: $2,995
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.5%
  • Gross Rent Multiplier: 18.68
  • Gross Scheduled Income: $73,620
  • Net Operating Income: $47,537
  • Gross Operating Income: $71,411
  • Vacancy Allowance: $2,209
Annual Expense Breakdown
  • Total Operating Expense: $23,874
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $16,007
  • Trash: $0
  • Gardener: $480
  • Insurance: $1,017
  • Maintenance: $3,571
  • Water/Sewer: $0
  • Other Expenses: $2,550
  • Other Expense Description: Utility

Property Details for 211 Utica Ave

Interior Features
Laundry Information
  • No Laundry
  • None
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 5
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 02502220
  • 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: North of Toronto Avenue and east of Alabama Street
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights
View more facts & features

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Sale History for 211 Utica Ave

Last sold on August 21st, 2019
  • August, 2019

  • Aug 21, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • April, 2019

  • Apr 1, 2019

    Date

    Sold

    CRMLS: PW18275174

    $1,271,900

    Price

  • Jan 22, 2019

    Date

    Active Under Contract

    CRMLS: PW18275174

    $1,375,000

    Price

  • Jan 2, 2019

    Date

    Price Change

    CRMLS: PW18275174

    $1,375,000

    Price

  • Nov 16, 2018

    Date

    Active

    CRMLS: PW18275174

    $1,425,000

    Price

  • March, 2019

  • Mar 29, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,272,000

    Price

Show More

Tax History for 211 Utica Ave

Assessed Value (2020): $1,271,900
Year Land Value Improved Value Assessed Value
2020 $1,120,948 $150,952 $1,271,900

Home Value Compared to the Market

This property vs the competition

211 Utica Ave sold on April 1, 2019 for 6.59% 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 $449.79 per/sqft which puts the price per square foot 39.87% lower than the current median sale per square foot for the city of Huntington Beach.

About 211 Utica Ave

Detailed summary of property

211 Utica Ave is a multi family that recently sold in Huntington Beach, CA 92648. This multi family property offered 6 bedrooms, 5 bathrooms, roughly 3,057 living square feet, and sits on an approximately 6,199 square foot lot. 211 Utica Ave was first listed on ArdentRealEstateGroup.com on July 11, 2020. The homeowner sold the property for $1,271,900. 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 6.59% higher than the current median priced home. Local homes that are currently for sale include 1818 W Glenoaks Ave, 320 E Valencia Ave and 0 chestnut. While the average home in Huntington Beach, CA is selling in 55 days, 211 Utica Ave has a days on market of 67 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 211 Utica Ave Huntington Beach, CA 92648 contact Ardent Real Estate Group and we will put you in touch with one of our Huntington Beach agents.

Public Facts for 211 Utica Ave

Public county record property details
Beds
--
Baths
--
Year built
1976
Sq. Ft.
3,057
Lot Size
6,199
Stories
2
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
27
APN
025-022-20

The source for these homes facts are from public records.

92648 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,549,000
Median List Price/Sq.Ft.
$839
Median Sold Price
$1,525,000
Median Sold Price/Sq.Ft.
$792
Total Inventory
101
Median Sale to List Price %
101.67%
Avg Days on Market
28
Loan Type
Conventional (36.36%), FHA (3.03%), VA (0%), Cash (45.45%), Other (15.15%)

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Related Resources to 211 Utica Ave

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.