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7881 Holt Dr, Huntington Beach, CA 92647
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7881 Holt Dr Huntington Beach, CA 92647

$2,700,000 Sold Price as of 03/19/2021
  • 15 Beds
  • 12 Baths
  • 6,086 Sq.Ft.
Sold
$2,700,000 Sold Price as of 03/19/2021 Refinance Your Mortgage
Map preview of 7881 Holt Dr, Huntington Beach, CA 92647

Property Overview: 7881 Holt Dr Huntington Beach, CA has 15 bedrooms, 12 bathrooms, 6,086 living square feet and 9,573 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Stabilized investment opportunity with a high cap rate in the coastal city of Huntington Beach. Providing immediate cash flow, an investor can get good leverage to take advantage of the current interest rate environment and continue to build their portfolio. Units have gone through quality renovations and a new roof was put on in 2019. These large updated units with an ideal unit mix are a great addition to any portfolio.

Listed by Christopher Pettit | BRE #01983950 | Skyline Commercial Real Estate
Last checked: 9 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 8

Home details

Lot Sq. Ft
9,573
HOA Dues
$0/mo
Year built
1977
Garage
8 Car
Property Type:
Multi Family
Status
Sold
MLS#
OC20244036
City
Huntington Beach
County
Orange
Time on Site
1201 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 7
  • Total # of Buildings: 1
  • # of Leased Units: 7
  • # of Electric Meters: 8
  • # of Gas Meters: 8
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,295
  • Total Rent: $4,590
  • Pro Forma/Market Rent: $4,990
Unit Breakdown 2
  • # of Units: 3
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 3
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,015
  • Total Rent: $6,045
  • Pro Forma/Market Rent: $6,285
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,880
  • Total Rent: $1,880
  • Pro Forma/Market Rent: $1,995
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,650
  • Total Rent: $1,650
  • Pro Forma/Market Rent: $1,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.52%
  • Gross Rent Multiplier: 15
  • Gross Scheduled Income: $173,352
  • Net Operating Income: $117,648
  • Gross Operating Income: --
  • Vacancy Allowance: $5,099
  • Garage Rental Income: $1,800
  • Laundry Income: $1,572
Annual Expense Breakdown
  • Total Operating Expense: $50,605
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $29,775
  • Trash: $2,450
  • Gardener: $943
  • Insurance: $4,373
  • Maintenance: $4,900
  • Professional Management: $0
  • Water/Sewer: $2,462
  • Other Expenses: $3,968
  • Other Expense Description: All Util

Property Details for 7881 Holt Dr

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Community
Fireplace Information
  • Has Fireplace
  • Family Room
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Gas Range, Refrigerator
Interior Features
  • Balcony, Ceiling Fan(s), Granite Counters
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 8
  • # of Parking Spaces: 13
  • Has Parking
  • Parking Features: Carport, Garage
Lot Information
  • Lot Features: Back Yard, Rectangular Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 7
  • Parcel Number: 14208315
  • Year Built Source: Public Records
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Special Assessments, Sewer Assessments
Location / Neighborhood
Location Information
  • Directions: Main Cross Streets are Beach and Edinger
Neighborhood Information
  • Community Features: Biking, Hiking, Sidewalks
View more facts & features

Local Huntington Beach Agent

Sale History for 7881 Holt Dr

Last sold for $2,700,000 on March 19th, 2021

  • March, 2021

  • Mar 19, 2021

    Date

    Sold

    CRMLS: OC20244036

    $2,700,000

    Price

  • Feb 9, 2021

    Date

    Pending

    CRMLS: OC20244036

    $2,600,000

    Price

  • Dec 18, 2020

    Date

    Active Under Contract

    CRMLS: OC20244036

    $2,600,000

    Price

  • Dec 10, 2020

    Date

    Active

    CRMLS: OC20244036

    $2,600,000

    Price

  • December, 2019

  • Dec 2, 2019

    Date

    Leased

    CRMLS: OC19249354

    $2,195

    Price

  • Nov 7, 2019

    Date

    Price Change

    CRMLS: OC19249354

    $2,195

    Price

  • Oct 24, 2019

    Date

    Price Change

    CRMLS: OC19249354

    $2,295

    Price

  • Oct 23, 2019

    Date

    Active

    CRMLS: OC19249354

    $2,350

    Price

  • Listing provided courtesy of CRMLS

    Recently Remodeled Upper 3 Bedroom 2 Bath Apartment, Kitchen With Granite Counter-Tops, Newer Cabinets, Gas Stove, Dishwasher, Separate Dining, Pantry, Ceiling Fan, Decorative Fireplace Only, Remodeled Bathrooms, Balcony off Kitchen, Walk-In Closet, Single Enclosed Garage, Laundry Facilities, Near The Bella Terra, Shops, Restaurants, 405 FWY & Sun View Park

  • October, 2019

  • Oct 23, 2019

    Date

    Canceled

    CRMLS: OC19145804

    $2,350

    Price

  • Sep 21, 2019

    Date

    Price Change

    CRMLS: OC19145804

    $2,350

    Price

  • Aug 23, 2019

    Date

    Price Change

    CRMLS: OC19145804

    $2,395

    Price

  • Jun 20, 2019

    Date

    Active

    CRMLS: OC19145804

    $2,495

    Price

  • Listing provided courtesy of CRMLS

    Recently Remodeled Upper 3 Bedroom 2 Bath Apartment, Kitchen With Granite Counter-Tops, Newer Cabinets, Gas Stove, Dishwasher, Separate Dining, Pantry, Ceiling Fan, Decorative Fireplace Only, Remodeled Bathrooms, Balcony off Kitchen, Walk-In Closet, Single Enclosed Garage, Laundry Facilities, Near The Bella Terra, Shops, Restaurants, 405 FWY & Sun View Park

  • July, 2019

  • Jul 15, 2019

    Date

    Leased

    CRMLS: OC19158668

    $1,895

    Price

  • Jul 5, 2019

    Date

    Active

    CRMLS: OC19158668

    $1,895

    Price

  • Listing provided courtesy of CRMLS

    Recently Remodeled Upper 2 Bedroom 2 Bath Apartment, Kitchen With Granite Counter-Tops, New Cabinets, Gas Stove, Dishwasher, Separate Dining, Pantry, Ceiling Fan, Gas Fireplace, Remodeled Bathrooms, 2 Balconies, Walk-In Closet, New Carpet, Single Enclosed Garage, Laundry Facilities, Near The Bella Terra, Shops, Restaurants, 405 FWY & Sun View Park.

  • September, 2018

  • Sep 7, 2018

    Date

    Leased

    CRMLS: OC18178018

    $2,395

    Price

  • Aug 2, 2018

    Date

    Price Change

    CRMLS: OC18178018

    $2,395

    Price

  • Jul 24, 2018

    Date

    Active

    CRMLS: OC18178018

    $2,495

    Price

  • Listing provided courtesy of CRMLS

    Recently Remodeled Lower 3 Bedroom 2 Bath Apartment, Kitchen With Granite Counter-Tops, Gas Stove, Dishwasher, Separate Dining, Pantry, Ceiling Fan, Gas Fireplace, Remodeled Bathrooms, Vanities With Granite Counter Tops, Large Patio, Walk-In Closet, Single Enclosed Garage, Assign Carport, Laundry Facilities, Near The Bella Terra, Shops, Restaurants, 405 FWY & Sun View Park.

  • August, 2018

  • Aug 27, 2018

    Date

    Leased

    CRMLS: OC18178020

    $1,650

    Price

  • Jul 24, 2018

    Date

    Active

    CRMLS: OC18178020

    $1,650

    Price

  • Listing provided courtesy of CRMLS

    Recently Remodeled Upper 1 Bedroom 1 Bath Apartment, Kitchen With Granite Counter-Tops, Gas Stove, Dishwasher, Separate Dining, Pantry, Ceiling Fan, Gas Fireplace, Remodeled Bathrooms, Balcony, Walk-In Closet, Single Enclosed Garage, Laundry Facilities, Near The Bella Terra, Shops, Restaurants, 405 FWY & Sun View Park

  • July, 2018

  • Jul 27, 2018

    Date

    Leased

    CRMLS: OC18144869

    $1,850

    Price

  • Jul 3, 2018

    Date

    Price Change

    CRMLS: OC18144869

    $1,895

    Price

  • Jun 18, 2018

    Date

    Active

    CRMLS: OC18144869

    $1,950

    Price

  • Listing provided courtesy of CRMLS

    Recently Remodeled Upper 2 Bedroom 2 Bath Apartment, Kitchen With Granite Counter-Tops, New Cabinets, Gas Stove, Dishwasher, Separate Dining, Pantry, Ceiling Fan, Gas Fireplace, Remodeled Bathrooms, 2 Balconies, Walk-In Closet, Single Enclosed Garage, Laundry Facilities, Near The Bella Terra, Shops, Restaurants, 405 FWY & Sun View Park.

  • March, 2018

  • Mar 19, 2018

    Date

    Leased

    CRMLS: OC18031410

    $1,850

    Price

  • Feb 20, 2018

    Date

    Price Change

    CRMLS: OC18031410

    $1,850

    Price

  • Feb 9, 2018

    Date

    Active

    CRMLS: OC18031410

    $1,895

    Price

  • Listing provided courtesy of CRMLS

    Recently Remodeled Upper 2 Bedroom 2 Bathroom Apartment, Kitchen With Granite Counter-Tops, New Cabinets, Gas Stove, Dishwasher, Separate Dining, Pantry, Ceiling Fan, Non-working Decorative Fireplace, Remodeled Bathrooms, 2 Balconies, Walk-In Closet, New Carpet, Single Enclosed Garage, Laundry Facilities, Near The Bella Terra, Shops, Restaurants, 405 FWY & Sun View Park

  • February, 2018

  • Feb 8, 2018

    Date

    Canceled

    CRMLS: OC17243957

    $1,895

    Price

  • Dec 19, 2017

    Date

    Price Change

    CRMLS: OC17243957

    $1,895

    Price

  • Oct 25, 2017

    Date

    Active

    CRMLS: OC17243957

    $1,995

    Price

  • Listing provided courtesy of CRMLS

    Recently Remodeled Upper 2 Bedroom 2 Bath Apartment, Kitchen With Granite Counter-Tops, New Cabinets, Gas Stove, Dishwasher, Separate Dining, Pantry, Ceiling Fan, Gas Fireplace, Remodeled Bathrooms, 2 Balconies, Walk-In Closet, New Carpet, Single Enclosed Garage, Laundry Facilities, Near The Bella Terra, Shops, Restaurants, 405 FWY & Sun View Park

  • February, 2001

  • Feb 9, 2001

    Date

    Sold (Public Records)

    Public Records

    $780,000

    Price

Show More

Tax History for 7881 Holt Dr

Assessed Value (2020): $1,074,697
Year Land Value Improved Value Assessed Value
2020 $686,306 $388,391 $1,074,697

Home Value Compared to the Market

This property vs the competition

7881 Holt Dr sold on March 19, 2021 for 101.55% 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 $427.21 per/sqft which puts the price per square foot 42.89% lower than the current median sale per square foot for the city of Huntington Beach.

About 7881 Holt Dr

Detailed summary of property

7881 Holt Dr is a multi family that recently sold in Huntington Beach, CA 92647. This multi family property offered 15 bedrooms, 12 bathrooms, roughly 6,086 living square feet, and sits on an approximately 9,573 square foot lot. 7881 Holt Dr was first listed on ArdentRealEstateGroup.com on January 20, 2021. The homeowner sold the property for $2,700,000. 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 101.55% higher than the current median priced home. Local homes that are currently for sale include 12702 Morningside Ave, 734 Center St and 734 Center St. While the average home in Huntington Beach, CA is selling in 55 days, 7881 Holt Dr has a days on market of 8 days. There are currently 309 homes for sale in the Huntington Beach real estate market and 204 of them are single family homes while 75 of them are condos and 30 are townhomes. For more information on this home for sale at 7881 Holt 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 7881 Holt Dr

Public county record property details
Beds
--
Baths
--
Year built
1977
Sq. Ft.
6,086
Lot Size
9,573
Stories
2
Type
Apartments (Generic)
Pool
No
Spa
No
County
Orange
Lot#
99
APN
142-083-15

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
$1,149,000
Median List Price/Sq.Ft.
$709
Median Sold Price
$1,200,000
Median Sold Price/Sq.Ft.
$776
Total Inventory
52
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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Is this your property?
Thinking of Selling?
Call, Text or Message
(714) 706-1823

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7882 Macdonald Dr, Huntington Beach, CA 92647
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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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