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7612 Volga Dr, Huntington Beach, CA 92647
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7612 Volga Dr Huntington Beach, CA 92647

$1,560,000 Sold Price as of 03/29/2019
  • 9 Beds
  • 7 Baths
  • 4,404 Sq.Ft.
Sold
$1,560,000 Sold Price as of 03/29/2019 Refinance Your Mortgage
Map preview of 7612 Volga Dr, Huntington Beach, CA 92647

Property Overview: 7612 Volga Dr Huntington Beach, CA has 9 bedrooms, 7 bathrooms, 4,404 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: Very well located Covington 4-unit. Ideal investment property in Huntington Beach. Built in 1965, and a carefully maintained property offers (1) two-bedroom, one-bathroom unit, (2) two-bedroom, two-bathroom units, and (1) three-bedroom, two-bathroom unit. The building has garage parking and assigned parking and access to an on-site laundry facility. These Covington Apartments offers investors an opportunity to purchase a property in a coastal city where investment property maintains is value and always in demand for tenants. Located in the tranquil neighborhoods of Huntington Beach, just south of the 405 Freeway and Bella Terre. Conveniently located near Golden West College, lots of shopping and entertainment and Huntington Beach offers lots of employment opportunities. Don’t miss your chance to own a coastal city investment property in a very desirable location.

Listed by Michael Gormley | BRE #01145307 | Michael Gormley, Broker
Last checked: 4 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 5

Home details

Lot Sq. Ft
7,405
HOA Dues
$0/mo
Year built
1965
Garage
4 Car
Property Type:
Fourplex
Status
Sold
MLS#
PW19045892
City
Huntington Beach
County
Orange
Time on Site
1398 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 5
  • # of Gas Meters: 5
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,050
  • Total Rent: $24,600
  • Pro Forma/Market Rent: $2,590
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,900
  • Total Rent: $22,800
  • Pro Forma/Market Rent: $2,150
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,625
  • Total Rent: $19,500
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,650
  • Total Rent: $19,800
  • Pro Forma/Market Rent: $1,825
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.23%
  • Gross Rent Multiplier: 18.32
  • Gross Scheduled Income: $87,300
  • Net Operating Income: $52,816
  • Gross Operating Income: $84,681
  • Laundry Income: $1,200
  • Laundry Own/Lease: Lease
Annual Expense Breakdown
  • Total Operating Expense: $33,065
  • Electric: $427
  • Gas/Fuel: $608
  • Licenses: $90
  • New Taxes: $20,970
  • Trash: $1,379
  • Gardener: $550
  • Insurance: $1,222
  • Maintenance: $5,774
  • Water/Sewer: $1,945

Property Details for 7612 Volga Dr

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central, Natural Gas
Laundry Information
  • Has Laundry
  • Community, Individual Room, See Remarks
Fireplace Information
  • Has Fireplace
  • Bath
Room Information
  • Flooring: Carpet, Laminate, Tile
  • Kitchen, Living Room, Main Floor Bedroom, Main Floor Master Bedroom
Kitchen Information
  • Has Appliances
  • Disposal
Interior Features
  • Levels: Two
  • Window Features: Blinds
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Door Features: Panel Doors
Exterior Features
Exterior Information
  • Roof: Shingle
  • Lighting, Rain Gutters
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: 6-10 Units/Acre
  • Lot Size Source: Assessor
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 14233116
  • Year Built Source: Assessor
  • Architectural Style: See Remarks
  • Foundation Details: Slab
  • Property is not Attached
  • Accessibility Features: 32 Inch Or More Wide Doors
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Special Assessments
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: Other
  • Directions: Goldenwest - Edinger- South on Sher Lane - West on Volga Dr.
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights
View more facts & features

Local Huntington Beach Agent

Sale History for 7612 Volga Dr

Last sold for $1,560,000 on March 29th, 2019

  • March, 2019

  • Mar 30, 2019

    Date

    Sold

    CRMLS: PW19045892

    $1,560,000

    Price

  • Mar 16, 2019

    Date

    Pending

    CRMLS: PW19045892

    $1,600,000

    Price

  • Mar 6, 2019

    Date

    Active Under Contract

    CRMLS: PW19045892

    $1,600,000

    Price

  • Mar 1, 2019

    Date

    Active

    CRMLS: PW19045892

    $1,600,000

    Price

  • March, 2019

  • Mar 29, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,560,000

    Price

  • July, 2000

  • Jul 26, 2000

    Date

    Sold (Public Records)

    Public Records

    $480,000

    Price

Show More

Tax History for 7612 Volga Dr

Assessed Value (2020): $1,591,200
Year Land Value Improved Value Assessed Value
2020 $1,441,594 $149,606 $1,591,200

Home Value Compared to the Market

This property vs the competition

7612 Volga Dr sold on March 29, 2019 for 24.03% 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 $363.31 per/sqft which puts the price per square foot 51.43% lower than the current median sale per square foot for the city of Huntington Beach.

About 7612 Volga Dr

Detailed summary of property

7612 Volga Dr is a fourplex that recently sold in Huntington Beach, CA 92647. This fourplex offered 9 bedrooms, 7 bathrooms, roughly 4,404 living square feet, and sits on an approximately 7,405 square foot lot. 7612 Volga Dr was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $1,560,000. 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 24.03% higher than the current median priced home. Local homes that are currently for sale include 2066 S Haster St, 2158 W Brownwood Ave and 310 E Wakefield Ave. While the average home in Huntington Beach, CA is selling in 56 days, 7612 Volga Dr has a days on market of 5 days. There are currently 309 homes for sale in the Huntington Beach real estate market and 208 of them are single family homes while 69 of them are condos and 32 are townhomes. For more information on this home for sale at 7612 Volga Dr Huntington Beach, CA 92647 contact Ardent Real Estate Group and we will put you in touch with one of our Huntington Beach agents.

Public Facts for 7612 Volga Dr

Public county record property details
Beds
--
Baths
--
Year built
1965
Sq. Ft.
4,404
Lot Size
7,312
Stories
2
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
16
APN
142-331-16

The source for these homes facts are from public records.

92647 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,150,000
Median List Price/Sq.Ft.
$722
Median Sold Price
$1,200,000
Median Sold Price/Sq.Ft.
$776
Total Inventory
54
Median Sale to List Price %
100.01%
Avg Days on Market
10
Loan Type
Conventional (37.93%), FHA (0%), VA (3.45%), Cash (20.69%), Other (37.93%)

Thinking of Selling?

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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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