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7701 Garfield Ave, Huntington Beach, CA 92648
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7701 Garfield Ave Huntington Beach, CA 92648

$2,180,000 Sold Price as of 07/15/2022
  • 9 Beds
  • 7 Baths
  • 4,293 Sq.Ft.
Sold
$2,180,000 Sold Price as of 07/15/2022 Refinance Your Mortgage
Map preview of 7701 Garfield Ave, Huntington Beach, CA 92648

Property Overview: 7701 Garfield Ave Huntington Beach, CA has 9 bedrooms, 7 bathrooms, 4,293 living square feet and 7,841 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Investment opportunity / 1031 exchange with this well maintained 4-unit Income Property, less than 2 miles away from the beach! Live in one unit and rent out the other 3 or lease all 4 units! The main unit is a large single story ground floor 3 BED/2 BATH Perfect for “Owners Unit". 2 additional units have 2BD and 2 Bathrooms and the 4th unit has 2BD and 1 Bath. All units have individual Water Heaters. 3 out of the 4 units have been remodeled about 3 years ago. Common laundry room for tenants. 1 parking garage per unit plus 2 carport and free street parking. Freshly painted and conveniently located near shops, restaurants and the beach!

Listed by Haily Horev | BRE #02031661 | Pacific PlatinumPropertiesInc
Last checked: 3 minutes ago | Last updated: July 26th, 2022 | Source CRMLS | DOM: 13

Home details

Lot Sq. Ft
7,841
HOA Dues
$0/mo
Year built
1977
Garage
4 Car
Property Type:
Fourplex
Status
Sold
MLS#
OC22086190
City
Huntington Beach
County
Orange
Time on Site
774 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,225
  • Total Rent: $2,225
  • Pro Forma/Market Rent: $2,850
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,950
  • Total Rent: $2,950
  • Pro Forma/Market Rent: $3,450
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,250
  • Total Rent: $2,250
  • Pro Forma/Market Rent: $2,850
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: $1,650
  • Pro Forma/Market Rent: $2,250
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $108,900
  • Net Operating Income: $101,700
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $7,200
  • Electric: $360
  • Gas/Fuel: $240
  • Trash: $1,800
  • Gardener: $600
  • Insurance: $1,920
  • Water/Sewer: $1,800

Property Details for 7701 Garfield Ave

Interior Features
Cooling Information
  • None, Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Common Area, Individual Room
Fireplace Information
  • Has Fireplace
  • Dining Room, Family Room
Room Information
  • Flooring: Carpet, Tile, Vinyl
Kitchen Information
  • Has Appliances
  • Dishwasher, Gas Oven
Interior Features
  • Balcony, Ceiling Fan(s)
  • Levels: Two
Exterior Features
Exterior Information
  • Roof: Shingle
  • 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, Garage, Parking Space
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 15919209
  • Year Built Source: Public Records
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: See Remarks
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: /
  • Directions: Cross Street: East of Main
Neighborhood Information
  • Community Features: Biking, Curbs, Dog Park
View more facts & features

Local Huntington Beach Agent

Sale History for 7701 Garfield Ave

Last sold for $2,180,000 on July 15th, 2022

  • July, 2022

  • Jul 15, 2022

    Date

    Sold

    CRMLS: OC22086190

    $2,180,000

    Price

  • May 18, 2022

    Date

    Active

    CRMLS: OC22086190

    $2,295,000

    Price

  • August, 2006

  • Aug 1, 2006

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 7701 Garfield Ave

Assessed Value (2020): $712,560
Year Land Value Improved Value Assessed Value
2020 $427,011 $285,549 $712,560

Home Value Compared to the Market

This property vs the competition

7701 Garfield Ave sold on July 15, 2022 for 82.14% higher than the current median sold price for the city of Huntington Beach which is $1,260,000. The median sold price per/sqft for Huntington Beach is $767 and this home is sold at $534.59 per/sqft which puts the price per square foot 30.3% lower than the current median sale per square foot for the city of Huntington Beach.

About 7701 Garfield Ave

Detailed summary of property

7701 Garfield Ave is a fourplex that recently sold in Huntington Beach, CA 92648. This fourplex offered 9 bedrooms, 7 bathrooms, roughly 4,293 living square feet, and sits on an approximately 7,841 square foot lot. 7701 Garfield Ave was first listed on ArdentRealEstateGroup.com on May 18, 2022. The homeowner sold the property for $2,180,000. Home in Huntington Beach are selling for a median price of $1,260,000 and a median price per square foot of $767. Based on Ardent Real Estate Group's Huntington Beach Market Data, this home is sold 82.14% higher than the current median priced home. Local homes that are currently for sale include 231 S Laxore St, 933 S Roberts St and 310 E Wakefield Ave. While the average home in Huntington Beach, CA is selling in 59 days, 7701 Garfield Ave has a days on market of 13 days. There are currently 354 homes for sale in the Huntington Beach real estate market and 239 of them are single family homes while 86 of them are condos and 29 are townhomes. For more information on this home for sale at 7701 Garfield 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 7701 Garfield Ave

Public county record property details
Beds
--
Baths
--
Year built
1977
Sq. Ft.
4,294
Lot Size
8,427
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
4
APN
159-192-09

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
$1,495,000
Median List Price/Sq.Ft.
$874
Median Sold Price
$1,200,000
Median Sold Price/Sq.Ft.
$756
Total Inventory
120
Median Sale to List Price %
92.38%
Avg Days on Market
32
Loan Type
Conventional (40%), FHA (0%), VA (0%), Cash (34.29%), Other (25.71%)

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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