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7801 Sycamore Dr, Huntington Beach, CA 92647
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7801 Sycamore Dr Huntington Beach, CA 92647

$1,515,500 Sold Price as of 09/09/2020
  • 9 Beds
  • 5 Baths
  • 3,418 Sq.Ft.
Sold
$1,515,500 Sold Price as of 09/09/2020 Refinance Your Mortgage
Map preview of 7801 Sycamore Dr, Huntington Beach, CA 92647

Property Overview: 7801 Sycamore Dr Huntington Beach, CA has 9 bedrooms, 5 bathrooms, 3,418 living square feet and 7,579 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This HB 4plex was just extensively remodeled including new kitchens, bathrooms, flooring, energy efficient lighting, updated switches and outlets, new exterior and interior paint and more. With current rents that are close to fair market value, this building generates solid gross scheduled income of over $108,000. The smart unit mix includes one 3 bedroom/2 bath unit over the garages and three 2 bedroom/1 bath units on the ground floor. Resident amenities include onsite laundry room (owner-owned machines generate approximately $300 a month), a large fenced private back patio area, a large 1 car garage for each unit, plus additional onsite parking. This building is conveniently located in a designated Qualified Opportunity Zone, which can offer potential tax advantages to savvy investors while generating nearly a 5% cap rate with current income.

Listed by Christian Walsh | BRE #01804983 | Coldwell Banker Realty
Last checked: 2 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 26

Home details

Lot Sq. Ft
7,579
HOA Dues
$0/mo
Year built
1974
Garage
4 Car
Property Type:
Fourplex
Status
Sold
MLS#
PW20121625
City
Huntington Beach
County
Orange
Time on Site
1390 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # 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: $2,600
  • Total Rent: $2,600
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,100
  • Total Rent: $2,100
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,025
  • Total Rent: $2,025
  • Pro Forma/Market Rent: $2,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $108,300
  • Net Operating Income: $82,979
  • Gross Operating Income: --
  • Laundry Income: $3,600
Annual Expense Breakdown
  • Total Operating Expense: $25,321
  • Electric: $360
  • Gas/Fuel: $1,800
  • New Taxes: $17,616
  • Trash: $1,032
  • Insurance: $1,764
  • Water/Sewer: $2,749

Virtual Tour

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Property Details for 7801 Sycamore Dr

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Common Area, Community
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • Has Fence
  • Wood
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 10
  • Has Parking
  • Parking Features: Driveway, Garage
Lot Information
  • Lot Features: Rectangular Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 16536113
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Directions: Warner to Ash, turn right onto Sycamore
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

Local Huntington Beach Agent

Sale History for 7801 Sycamore Dr

Last sold for $1,515,500 on September 9th, 2020

  • September, 2020

  • Sep 14, 2020

    Date

    Sold

    CRMLS: PW20121625

    $1,515,500

    Price

  • Jul 30, 2020

    Date

    Active Under Contract

    CRMLS: PW20121625

    $1,600,000

    Price

  • Jul 1, 2020

    Date

    Active

    CRMLS: PW20121625

    $1,600,000

    Price

  • Jul 1, 2020

    Date

    Coming Soon

    CRMLS: PW20121625

    $1,600,000

    Price

  • September, 2020

  • Sep 9, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,515,500

    Price

  • December, 2019

  • Dec 12, 2019

    Date

    Sold

    CRMLS: PW19210137

    $1,275,000

    Price

  • Oct 23, 2019

    Date

    Active Under Contract

    CRMLS: PW19210137

    $1,299,000

    Price

  • Sep 3, 2019

    Date

    Active

    CRMLS: PW19210137

    $1,299,000

    Price

  • Listing provided courtesy of CRMLS

    This Fourplex-Multi Family Dwelling features One large 3 Bedroom & 2 Bath upstairs front (Unit A) with a large private balcony. The other three units with 2 Bedrooms & 1 Bath are ground level, located on the side of the complex with their own private backyard patio. Very low exterior maintenance due to concrete hardscape. Units A, B & C are in fairly good conditions with good long term tenants on month to month rentals. Unit D, was recently painted, new carpet, new range, new kitchen counter, new kitchen sink and recently rented as of 9/1/19 on month to month. All tenants can enjoy the enclosed rear large concrete fenced area for BBQ's, parties & family gatherings. Each unit has an assigned single car garage and six driveway parking spaces. There is a Laundry Facility on the property, however currently Not in use by the tenants. Property is approximately 3 miles from the beach, conveniently located to shopping, restaurants, freeways and public transportation.

  • December, 2019

  • Dec 12, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,275,000

    Price

Show More

Tax History for 7801 Sycamore Dr

Assessed Value (2020): $1,275,000
Year Land Value Improved Value Assessed Value
2020 $1,123,112 $151,888 $1,275,000

Home Value Compared to the Market

This property vs the competition

7801 Sycamore Dr sold on September 9, 2020 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 $468.11 per/sqft which puts the price per square foot 37.42% lower than the current median sale per square foot for the city of Huntington Beach.

About 7801 Sycamore Dr

Detailed summary of property

7801 Sycamore Dr is a fourplex that recently sold in Huntington Beach, CA 92647. This fourplex offered 9 bedrooms, 5 bathrooms, roughly 3,418 living square feet, and sits on an approximately 7,579 square foot lot. 7801 Sycamore Dr was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $1,515,500. 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 119 S Delano St, 2066 S Haster St and 938 S Gilbuck Dr. While the average home in Huntington Beach, CA is selling in 55 days, 7801 Sycamore Dr has a days on market of 26 days. 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 7801 Sycamore 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 7801 Sycamore Dr

Public county record property details
Beds
--
Baths
--
Year built
1974
Sq. Ft.
3,418
Lot Size
7,581
Stories
--
Type
Multi-Family Dwellings (Generic, Any Combination 2+)
Pool
No
Spa
No
County
Orange
Lot#
7
APN
165-361-13

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
$1,138,000
Median List Price/Sq.Ft.
$710
Median Sold Price
$1,200,000
Median Sold Price/Sq.Ft.
$776
Total Inventory
48
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%)

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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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