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Sq.Ft. Lot5,663
Year1947
Status:
Sold
Property Type:Residential Income (Multi-Family)
MLS #:OC21164126
Date Sold:10/25/2021
Lot Size:5,663 Sq. Ft.
County:Orange
Listing Agent/Office
Agent:Anne Marie Risquez-Ashley
Office:Villa Real Estate
***PHENOMENAL DOUBLE LOT DUPLEX INVESTMENT OPPORTUNITY 521 & 523 12th Street *** In the Heart of Downtown Huntington Beach and 5 Blocks from the Beach. The property offers a 2 Bedroom, 1 Bath Single Family Beach Cottage and a 1 Bedroom, 1 bath apartment above the 3 single car garages on oversized double lot in Downtown Huntington Beach! A large backyard common area with tropical landscaping, BBQ area, Firepit and lots of space to entertain. Each unit has a Separate Gas & Electric Meters. Each Home Boasts Lots of Natural Light, Custom Window Blinds, Wood Laminate Flooring, upgraded kitchens, newer appliances, and are Open Light and Bright. The Front Home offers recessed lighting throughout, a Fireplace in the Living Room, an Upgraded Kitchen with a newer appliance package and washer/dryer hook ups, upgraded finishes in the bathroom, and spacious bedrooms. The Cozy and spacious 1 Bedroom and 1 Bathroom home offers high vaulted ceilings and a Fireplace in the Living Room, Updated Kitchen with Dining Area overlooking the oversized lush Backyard, a spacious Master Suite Bedroom, and updated shower/tub Bathroom. Low Operating Expenses. Alley was recently updated by the City of Huntington Beach. Long Term Tenants. Walking Distance to the Beach, Pier, Downtown Huntington Beach Shopping, Dining, Pacific City, Entertainment, and Night Life. Live in One and Rent One, or Rent Both, or Build your Dream Home or 2 Single Family Homes on this Double Lot!
Detailed Maps
Price Change History
| Date | Old Price | New Price | Percent Change |
| 9/14/2021 | $2,495,000 | $2,395,000 | -4% |
| 10/26/2021 | $2,395,000 | $2,200,000 | -8.1% |
Community Information
Address:521 12th St, Huntington Beach, CA 92648
Area:15 - West Huntington Beach
County:Orange
City:Huntington Beach
Subdivision:Downtown Area (Down)
Zip Code:92648
Architecture
Year Built:1947
Stories:1
Style:Cottage
Number of Buildings: 2
Total Units: 2
Stories Total: 1
Unit 1: 1 Unit•2 Beds•1 Bath•Unfurnished•$3,000 actual rent•$3,000 total rent•$5,500 pro forma
Unit 2: 1 Unit•1 Bed•1 Bath•Unfurnished•$1,850 actual rent•$1,850 total rent•$2,500 pro forma
Garage Spaces: 3.0
Parking Features: Door-Single, Garage, Off Street, Public, Garage Faces Rear, One Space, On Street
Parking Total: 3.0
Features / Amenities
Interior Features: Bedroom on Main Level
Appliances: Dishwasher, Gas Oven, Gas Range
Fireplace Features: Dining Room, Family Room, Kitchen
Flooring: Carpet, Vinyl
Laundry: In Kitchen
Security Features: Carbon Monoxide Detector(s)
Common Walls: No Common Walls
Heating: Central
Rooms
| Master Bedroom |
| Master Bedroom |
| Family Room |
| Kitchen |
| Bedroom |
| Master Bathroom |
Property Features
Lot Size:
0.13 Acres / 5,663 Sq. Ft.
Lot Features: Item25UnitsAcre
View: City Lights, Neighborhood, Panoramic, Peek-A-Boo
Sewer: Public Sewer
Water: Public
Road Frontage: City Street
Road Surface: Paved
Fencing: Block, Wood
Directions:PCH to 12th Street property is on the lefthand side before Acacia Ave
Tax and Financial Info
Buyer Financing: Cash
Gross Scheduled Income: $58,200
Net Operating Income: $53,304
Gardener Expense: $1,080
Insurance Expense: $1,692
Trash Expense: $2,124
Operating Expense: $4,896
Terms: Cash, CashtoNewLoan
Tenant Pays: All Utilities
Total Actual Rent: $4,850
Land Lease: No
Schools
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Based on information from California Regional Multiple Listing Service, Inc. as of April 1, 2023. 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. IDX provided by Sierra Interactive.