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4981 Pearce Dr, Huntington Beach, CA 92649
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4981 Pearce Dr Huntington Beach, CA 92649

$1,589,000
  • 4 Beds
  • 3.5 Baths
  • 2,822 Sq.Ft.
For Sale
$1,589,000 Get Pre-Qualified
Map preview of 4981 Pearce Dr, Huntington Beach, CA 92649

Property Overview: 4981 Pearce Dr Huntington Beach, CA has 4 bedrooms, 3.5 bathrooms, 2,822 living square feet and 4,792 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: Here's the perfect opportunity to start or expand your real estate portfolio within a mile and a half from the BEACH! The possibilities are abundant. Properties like this do not come to the market very often. Live in one and rent out the other as you build wealth. Location, location, location. The Bolsa Chica Wetlands, Huntington Harbour, Meadowlark Golf Course, the Pacific Ocean, places of worship and countless sumptuous eateries and restaurants are literality all within walking distance. Both units are HUGE and feature a private garage with direct access, private patio and balcony a fireplace and vaulted ceilings. In addition to the garage, each unit also boast three uncovered spaces with room for an RV or a boat. Rents are currently at least 25% below market.

Listed by Gene Smith | BRE #01965474 | RE/MAX TerraSol
Last checked: 7 minutes ago | Last updated: April 12th, 2024 | Source CRMLS | DOM: 16
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Home details

Lot Sq. Ft
4,792
HOA Dues
$0/mo
Year built
1974
Garage
2 Car
Property Type:
Duplex
Status
Active
MLS#
OC24069909
City
Huntington Beach
County
Orange
Time on Site
21 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Leased Units: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,400
  • Total Rent: $2,400
  • Pro Forma/Market Rent: $3,300
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $2,500
  • Pro Forma/Market Rent: $3,300
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.5%
  • Gross Rent Multiplier: 27.02
  • Gross Scheduled Income: $58,800
  • Net Operating Income: $55,659
  • Gross Operating Income: $58,800
Annual Expense Breakdown
  • Total Operating Expense: $3,141
  • Trash: $810
  • Insurance: $1,521
  • Water/Sewer: $810

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Property Details for 4981 Pearce Dr

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Space Heater
Laundry Information
  • Has Laundry
  • In Garage
Fireplace Information
  • Has Fireplace
  • Gas
Room Information
  • Flooring: Carpet, Laminate, Vinyl
  • All Bedrooms Up
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • Roof: Spanish Tile
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Direct Garage Access, Driveway - Combination, Concrete
Lot Information
  • Lot Features: Corner Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Total # of Units: 2
  • Parcel Number: 17822214
  • Year Built Source: Assessor
  • Entry Level: 1
  • Foundation Details: Slab
  • Property is Attached
  • Has Additional Parcels
  • Offered With Property: Negotiable
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Corner of Pearce Drive and Bolsa Chica Street. North of Warner Avenue
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

Local Huntington Beach Agent

Sale History for 4981 Pearce Dr

Last sold for $497,000 on November 26th, 2002

  • April, 2024

  • Apr 9, 2024

    Date

    Active

    CRMLS: OC24069909

    $1,589,000

    Price

  • November, 2002

  • Nov 26, 2002

    Date

    Sold (Public Records)

    Public Records

    $497,000

    Price

Show More

Tax History for 4981 Pearce Dr

Assessed Value (2020): $658,180
Year Land Value Improved Value Assessed Value
2020 $460,835 $197,345 $658,180

Home Value Compared to the Market

This property vs the competition

4981 Pearce Dr is listed 17.7% 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 $563.08 per/sqft which puts the price per square foot 27.35% lower than the median price per square foot for the city of Huntington Beach.

About 4981 Pearce Dr

Detailed summary of property

4981 Pearce Dr is a duplex located in Huntington Beach, CA 92649 and is currently for sale. This duplex offers 4 bedrooms, 3.5 bathrooms, roughly 2,822 living square feet, and sits on an approximately 4,792 square foot lot. 4981 Pearce Dr was first listed on ArdentRealEstateGroup.com on April 9, 2024. The homeowner is currently asking $1,589,000. 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 17.7% higher than the median priced home. Local competing homes currently for sale include 8860 Tina Way, 204 Mira Mar Ave and 1000 Ximeno Ave. While the average home in Huntington Beach, CA is selling in 58 days, 4981 Pearce Dr has a days on market of 16 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 4981 Pearce Dr 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 4981 Pearce Dr

Public county record property details
Beds
--
Baths
--
Year built
1974
Sq. Ft.
2,822
Lot Size
4,867
Stories
2
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
141
APN
178-222-14

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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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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