For Sale
(MLS-listed)
$785,000
17142 EMERALD Ln Huntington Beach, CA 92647
| Beds: | 6 |
| Baths: | 4 |
| Sq. Ft.: | 3,674 |
| $/Sq. Ft.: | $214 |
| Lot Size: | 8,129 Sq. Ft. |
| Property Type: | Multi-Family |
| Style: | Two Level, Other |
| Year Built: | 1963 |
| Community: | West Huntington Beach |
| County: | Orange |
| MLS#: | S594436 |
| Source: | SoCalMLS |
| Status: | Active |
| On Redfin: | 29 days |
Separately metered for both gas and electric, the subject property boasts a unique layout of one single-story and one two-story garden-style building, affording a low-density environment that alleviates the myriad of problems associated with sharing several walls with other tenants. The spacious units feature wall A/C, heating, and kitchen ceiling fans. Garage parking is located in the rear and one on-site laundry room for the convenience of the tenants. In addition, the property has a laundry room with owner-owned machines which will help ensure strong cash flow to a new owner. Ideally situated on a corner lot, the subject property is located directly across from Oak View Elementary School and Oak View Park. It is also one block away from Warner Avenue and two blocks away from Beach Boulevard. The location will help ensure a strong tenant profile in the future. Within just miles there is a number of major retail centers and hospitals.
Laundry Information
- Laundry Equipment Leased
Building Information
- Main Level Entry
- Ground Level Entry (No Steps)
- Wood Exterior
- Stucco Exterior
- Composition Roof
- Building Permit
- Builders Tract Name: Other
- Builders Tract Code: OTHR
Multi-Family Information
- Type of Business: 4 Units
- # Leased: 4
- # of Buildings: 1
- # of Electric Meters: 4
- # of Gas Meters: 4
- # of Wall Air Conditioners: 4
- # of Water Meters: 4
- 1 Bedroom Square Footage: 735
- 2 Bedroom Square Footage: 925
- 3 Bedroom Square Footage: 1,089
- Tenant Pays Gas
- Tenant Pays Cable TV
- Tenant Pays Electricity
Unit 3 Information
- Number: 1
- # of Beds: 3
- # of Baths: 2
- Unfurnished
- Monthly Rent: $1,425
- Monthly Rent (Total): $1,425
Property Information
- No Additions/Alterations
- Land Lease Type: Fee
- Square Footage Source: Public Records
- Tax Parcel Number: 11137110
- Legal Disclosures: Take Property As Is
Listing Information
- MLS: SoCalMLS
- Possession: Close Of Escrow
- Listing Terms: Cash
Heating & Cooling
- Wall Electric Heating
- Water Heaters
Community Features
- Units in Complex (Total): 4
Unit 1 Information
- Number: 1
- # of Beds: 1
- # of Baths: 1
- Unfurnished
- Monthly Rent: $950
- Monthly Rent (Total): $950
Lot Information
- Lot Size (Sq. Ft.): 8,129
- Lot Size Source: Public Records
- Paved
Financial Information
- Capitalization Rate (%): 5.12
- Net Operating Income: $40,221
- Monthly Gross Income: $5,025
- Actual Gross Annual Income: $60,300
- Gross Operating Income: $58,581
- Gross Scheduled Income: $60,300
- Other Income #1: $3,000
- Other Income Description: Other
- Actual Rent (Total): $4,775
- Actual Annual Gross Rent: $57,300
- Gross Rent Multiplier: 13.02
- Tax Rate Year: 2009
- No Private Transfer Taxes
- Vacancy Allowance: $1,719
- Vacancy Allowance (%): 3
- Financial Info As Of: 2009
Parking Information
- # of Parking Spaces (Total): 4
- # of Garages: 4
- Garage is Attached
Property Features
- ADA Compliant
Unit 2 Information
- Number: 2
- # of Beds: 2
- # of Baths: 1
- Unfurnished
- Monthly Rent: $1,200
- Monthly Rent (Total): $2,400
Location Information
- Cross Streets: Cypress Ave & Fir Dr
- Driving Directions: From 405-N: Take the Magnolia St/Warner St exit (exit 15), take Warner Ave-west ramp toward Magnolia St, merge onto Warner Ave, turn left onto Oak Ln, turn right onto Fir Dr, Fir Dr becomes Emeral Ln, the property will be on the left.
- Tax Area: 04010
- Legal Tract #: 5326
- Legal Lot #: 20
Expense Information
- Total Annual: $18,360
- Actual Annual Vacancy: $1,719
- Electric: $1,245
- Gardener: $725
- Insurance: $939
- Gas: $1,245
- Maintenance: $2,081
- Operating: $18,360
- Operating (%): 31
- Other: $585
- Supplies: $800
- Tax: $8,250
- Trash: $1,245
- Water: $1,245
Listing last changed
October 30, 2009, 12:36 PM
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Property History for 17142 EMERALD Ln
| Date | Event | Price | Appreciation | Source |
|---|---|---|---|---|
| Oct 30, 2009 | Listed | $785,000 | -- | SoCalMLS #S594436 |
| Nov 30, 2001 | Sold (Public Records) | $420,000 | -- | Public Records |
NOTICE: There are past MLS listings for this property which are not being shown. In order to see these listings, MLS Rules require that you Sign In.
Public Facts for 17142 EMERALD Ln
| Beds: | - |
| Baths: | - |
| Finished Sqft: | 3761 |
| Unfinished Sqft: | - |
| Total Sqft: | 3761 |
| Floors: | - |
| Lot Size: | - |
| Style: | Multi-Family (2-4 Unit) |
| Year Built: | 1964 |
| Year Renovated: | - |
| County: | Orange County |
| APN: | 11137110 |
| Last Updated: | November 14, 2009 |
These facts may not match MLS-provided listing facts.
Learn more.
Source: Public Records
Property Tax
| Taxable Value | |
| Land | $348,273 |
| Additions | $133,543 |
| Total | $481,816 |
| Tax (2008) | $5,570 |
Home Value Estimates for 17142 EMERALD Ln
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Link to this page at
http://www.redfin.com/CA/Huntington-Beach/17142-Emerald-Ln-92647/home/3549931
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