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228 Chicago Ave, Huntington Beach, CA 92648
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228 Chicago Ave Huntington Beach, CA 92648

$1,900,000 Sold Price as of 04/19/2022
  • 6 Beds
  • 4.5 Baths
  • 1,872 Sq.Ft.
Sold
$1,900,000 Sold Price as of 04/19/2022 Refinance Your Mortgage
Map preview of 228 Chicago Ave, Huntington Beach, CA 92648

Property Overview: 228 Chicago Ave Huntington Beach, CA has 6 bedrooms, 4.5 bathrooms, 1,872 living square feet and 6,534 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This is a truly rare investment opportunity to own a 6-unit building on a DOUBLE LOT in an absolutely prime corner lot location of Huntington Beach less than half a mile from the beach and just moments away from fine dining and shopping at nearby Pacific City and Main Street. Investment opportunities like this simply don't hit the market often. These units have been lovingly maintained by a family with true pride of ownership and have personally managed the property. This double lot property has 6 studios with kitchens and a sizable yard. Properties like this very rarely hit the market, especially ones offering an unbeatable location such as this! This is a one-of-a-kind investment opportunity.

Listed by Jody Clegg | BRE #01230876 | Compass
Last checked: 3 minutes ago | Last updated: April 20th, 2022 | Source CRMLS | DOM: 0

Home details

Lot Sq. Ft
6,534
HOA Dues
$0/mo
Year built
1948
Garage
--
Property Type:
Apartment
Status
Sold
MLS#
OC22047267
City
Huntington Beach
County
Orange
Time on Site
790 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 1
  • # of Leased Units: 6
  • # of Electric Meters: 6
  • # of Gas Meters: 6
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Actual Rent: $1,100
  • Total Rent: $1,100
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Actual Rent: $1,200
  • Total Rent: $1,200
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Actual Rent: $975
  • Total Rent: $975
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Actual Rent: $1,125
  • Total Rent: $1,125
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Actual Rent: $1,125
  • Total Rent: $1,125
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Actual Rent: $1,175
  • Total Rent: $1,175
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $81,394
  • Net Operating Income: $46,526
  • Gross Operating Income: --
  • Laundry Income: $994
Annual Expense Breakdown
  • Total Operating Expense: $34,868
  • Electric: $2,237
  • Gas/Fuel: $1,669
  • New Taxes: $22,871
  • Trash: $1,200
  • Gardener: $1,260
  • Insurance: $1,776
  • Maintenance: $1,741
  • Professional Management: $0
  • Water/Sewer: $1,363

Property Details for 228 Chicago Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Individual Room
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Kitchen
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • No
  • Parking Features: None
Lot Information
  • Lot Features: Lawn
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 6
  • Parcel Number: 02420301
  • Year Built Source: Assessor
  • Property is Attached
  • Accessibility Features: 2+ Access Exits
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Location / Neighborhood
Location Information
  • Subdivision Name: Downtown Area (DOWN)
  • Directions: Turn on Alabama off Atlanta
Neighborhood Information
  • Community Features: Street Lights
View more facts & features

Local Huntington Beach Agent

Sale History for 228 Chicago Ave

Last sold for $1,900,000 on April 19th, 2022

  • March, 2022

  • Mar 10, 2022

    Date

    Pending

    CRMLS: OC22047267

    $2,150,000

    Price

  • Mar 10, 2022

    Date

    Active Under Contract

    CRMLS: OC22047267

    $2,150,000

    Price

  • Mar 10, 2022

    Date

    Coming Soon

    CRMLS: OC22047267

    $2,150,000

    Price

  • March, 2016

  • Mar 4, 2016

    Date

    Sold (Public Records)

    Public Records

    $814,000

    Price

Show More

Tax History for 228 Chicago Ave

Assessed Value (2020): $601,509
Year Land Value Improved Value Assessed Value
2020 $505,322 $96,187 $601,509

Home Value Compared to the Market

This property vs the competition

228 Chicago Ave sold on April 19, 2022 for 66.67% 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 $1148.5 per/sqft which puts the price per square foot 53.54% higher than the current median sale per square foot for the city of Huntington Beach.

About 228 Chicago Ave

Detailed summary of property

228 Chicago Ave is a apartment that recently sold in Huntington Beach, CA 92648. This apartment offered 6 bedrooms, 4.5 bathrooms, roughly 1,872 living square feet, and sits on an approximately 6,534 square foot lot. 228 Chicago Ave was first listed on ArdentRealEstateGroup.com on March 10, 2022. The homeowner sold the property for $1,900,000. 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 66.67% higher than the current median priced home. Local homes that are currently for sale include 16426 San Jacinto Street, 186 Del Mar Ave and 12936 Adelle St. There are currently 307 homes for sale in the Huntington Beach real estate market and 203 of them are single family homes while 74 of them are condos and 30 are townhomes. For more information on this home for sale at 228 Chicago 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 228 Chicago Ave

Public county record property details
Beds
--
Baths
--
Year built
1948
Sq. Ft.
960
Lot Size
6,792
Stories
2
Type
Apartments (Generic)
Pool
No
Spa
No
County
Orange
Lot#
9
APN
024-203-01

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
$1,500,000
Median List Price/Sq.Ft.
$811
Median Sold Price
$1,525,000
Median Sold Price/Sq.Ft.
$792
Total Inventory
107
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%)

Thinking of Selling?

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(714) 706-1823

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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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