4822 Neely Circle, Huntington Beach, CA 92649
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4822 Neely Circle Huntington Beach, CA 92649

$2,350,000
  • 8 Beds
  • 7.5 Baths
  • 4,300 Sq.Ft.
For Sale
$2,350,000 Get Pre-Qualified

Map preview of 4822 Neely Circle, Huntington Beach, CA 92649

Property Overview: 4822 Neely Circle Huntington Beach, CA has 8 bedrooms, 7.5 bathrooms, 4,300 living square feet and 8,125 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Presenting a rare opportunity to acquire a coveted 4-unit multi-family property in the upscale Huntington Beach Harbour. Situated adjacent to a serene park and within walking distance to the ocean, this gem offers a tranquil setting with empty land in the rear for added peace and quiet. Comprising a well-designed mix of residences, the complex features a spacious 3-bedroom, 2.5-bathroom unit spanning two stories with a private backyard, alongside two upper-level 2-bedroom, 2-bathroom units boasting separate entrances and comfortable balconies. Rounding out the offerings is a ground-level 1-bedroom, 1-bathroom unit. Parking is abundant with five covered garage spaces at the rear, providing convenience for residents, while ample street parking caters to guests. A convenient laundry room within the building further enhances the appeal of this property. With the current rent below market rates and two units on a month-to-month basis, alongside two leases set to expire soon, there's a prime opportunity for the new owner to maximize income potential. Don't miss out on the chance to own this exceptional property with the potential to generate $13,300 in monthly rental income.

Listed by Robert Tran | BRE #02030957 | HPT Realty
Last checked: 4 minutes ago | Last updated: April 28th, 2024 | Source CRMLS | DOM: 7
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Home details

Lot Sq. Ft
8,125
HOA Dues
$0/mo
Year built
1977
Garage
5 Car
Property Type:
Fourplex
Status
Active
MLS#
OC24081918
City
Huntington Beach
County
Orange
Time on Site
10 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: 4
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Garage Spaces: 2
  • Garaged Attached? No
  • Actual Rent: $1,800
  • Total Rent: $1,800
  • Pro Forma/Market Rent: $3,700
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Actual Rent: $1,500
  • Total Rent: $1,500
  • Pro Forma/Market Rent: $2,700
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Actual Rent: $1,900
  • Total Rent: $1,900
  • Pro Forma/Market Rent: $2,700
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Actual Rent: $1,700
  • Total Rent: $1,700
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $82,800
  • Net Operating Income: $55,873
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $26,927
  • Electric: $324
  • Gas/Fuel: $1,080
  • Licenses: $8
  • New Taxes: $17,087
  • Trash: $2,016
  • Gardener: $1,440
  • Insurance: $3,470
  • Water/Sewer: $1,440

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Property Details for 4822 Neely Circle

Interior Features
Laundry Information
  • Has Laundry
  • Common Area
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: 2-5 Units/Acre, Cul-De-Sac, Near Public Transit, Park Nearby, Sprinkler System, Walkstreet
  • Lot Size Source: Public Records
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 17820164
  • Year Built Source: Public Records
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: South on Bolsa Chica, West on Heil, South On Green Ln, West on Neely Cir
Neighborhood Information
  • Community Features: Biking, Dog Park, Fishing, Hiking, Park
View more facts & features

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Sale History for 4822 Neely Circle

Last sold for $1,075,000 on May 12th, 2004
  • April, 2024

  • Apr 26, 2024

    Date

    Active

    CRMLS: OC24081918

    $2,350,000

    Price

  • May, 2004

  • May 12, 2004

    Date

    Sold (Public Records)

    Public Records

    $1,075,000

    Price

  • November, 1998

  • Nov 25, 1998

    Date

    Sold (Public Records)

    Public Records

    $471,500

    Price

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Tax History for 4822 Neely Circle

Assessed Value (2020): $1,397,547
Year Land Value Improved Value Assessed Value
2020 $1,142,743 $254,804 $1,397,547

Home Value Compared to the Market

This property vs the competition

4822 Neely Circle is listed 74.07% higher than the median list price for the city of Huntington Beach which has a median list price of $1,350,000. The median price per/sqft for Huntington Beach is $775 and this home is listed at $546.51 per/sqft which puts the price per square foot 29.48% lower than the median price per square foot for the city of Huntington Beach.

About 4822 Neely Circle

Detailed summary of property

4822 Neely Circle is a fourplex located in Huntington Beach, CA 92649 and is currently for sale. This fourplex offers 8 bedrooms, 7.5 bathrooms, roughly 4,300 living square feet, and sits on an approximately 8,125 square foot lot. 4822 Neely Circle was first listed on ArdentRealEstateGroup.com on April 24, 2024. The homeowner is currently asking $2,350,000. The median priced home in Huntington Beach is $1,350,000 with a median price per square foot of $775. Based on Ardent Real Estate Group's Huntington Beach Market Data, this home is listed 74.07% higher than the median priced home. Local competing homes currently for sale include 179 Saint Joseph Ave, 207 Park Ave and 268 Park Avenue. While the average home in Huntington Beach, CA is selling in 58 days, 4822 Neely Circle has a days on market of 7 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 4822 Neely Circle Huntington Beach, CA 92649 contact Ardent Real Estate Group and we will put you in touch with one of our Huntington Beach agents.

Public Facts for 4822 Neely Circle

Public county record property details
Beds
--
Baths
--
Year built
1977
Sq. Ft.
4,300
Lot Size
7,862
Stories
2
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
7
APN
178-201-64

The source for these homes facts are from public records.

92649 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,529,000
Median List Price/Sq.Ft.
$853
Median Sold Price
$1,415,000
Median Sold Price/Sq.Ft.
$771
Total Inventory
76
Median Sale to List Price %
94.33%
Avg Days on Market
33
Loan Type
Conventional (21.88%), FHA (0%), VA (0%), Cash (62.5%), Other (12.5%)

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Related Resources to 4822 Neely Circle

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.