1001 Delaware St

Huntington Beach, CA 92648

$1,640,000
Last Sold Price
3
Beds
5
Baths
2,850 Sq. Ft.
$575 / Sq. Ft.
2,850
Sq. Ft.
$575
per Sq. Ft.
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Closed 11/30/17
Closed 11/30/17

Description

Located on a corner double lot in one of the nicest residential locations Huntington Beach has to offer, this five-unit (including two non-conforming) apartment building offers all the luxuries of Downtown Huntington Beach, while being just far enough away to enjoy a peaceful and quiet living space. Excellent opportunity to own due to its highly desirable rental location; ideal for an owner who wants to take advantage of continually increasing rents in Huntington Beach. Units have been well maintained...Located on a corner double lot in one of the nicest residential locations Huntington Beach has to offer, this five-unit (including two non-conforming) apartment building offers all the luxuries of Downtown Huntington Beach, while being just far enough away to enjoy a peaceful and quiet living space. Excellent opportunity to own due to its highly desirable rental location; ideal for an owner who wants to take advantage of continually increasing rents in Huntington Beach. Units have been well maintained and some units have been upgraded.
  1. Listed by Gary Tolfa • DRE #00955403 • Brokerage DRE #01921625 • Triqor Group

Property Details for 1001 Delaware Street

Parking Spaces Total
2
Private Pool
No
Total Units
5.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
2850
Assessor Parcel Number
025-103-13
Property Attached YN
true
LISTING UPDATED: 11/30/2017 07:52 AM

Property Details for 1001 Delaware Street

StatusClosed
MLS #PW17176512
Days on Market10
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1972
Lot Size0.15 AC / 6,534 SF
CountyOrange County
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Location

Listing Courtesy of Triqor Group, Gary Tolfa, DRE #00955403

Sold By Triqor Group, Gary Tolfa, DRE #00955403

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Building Information for 1001 Delaware Street

Stories1Residences-Year Built1972Building Size-Lot Size0.15 AC / 6,534 SF

Payment Calculator

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$10,311 per month

30 year fixed, 6.46% Interest

Principal and Interest

$8,258

Property Taxes

$2,053

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1001 Delaware Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $87,300
  • Gross Scheduled Income: $90,000
  • Vacancy Allowance Rate: 3
  • Net Operating Income: $57,043
  • Gross Multiplier: 18.89
  • Cap Rate: 3.4
  • Financing: Assumable
Expense Details
  • Operating Expense: $30,257
  • New Taxes Expense: $19,213
  • Gardener Expense: $650
  • Fuel Expense: $0
  • Electric Expense: $1,094
  • Insurance Expense: $998
  • Maintenance Expense: $4,250
  • Professional Management Expense: $0
  • Other Expense: $1,873
  • Other Expense Description: Misc/Res
  • Trash Expense: $936
  • Water Sewer Expense: $1,242
  • Total Expenses: $30,257
Tax / Assessment Info
  • Tax Block: 1004
  • Tax Tract Number: 813
  • Tax Census Tract: 993.06
  • Tax Lot: 1-2
Community / Development
Community / Development
  • Community Features: Suburban
Property / Structure Info
Interior Features
  • Appliances: Dishwasher, Gas Cooktop, Microwave
  • Equipment: Dishwasher, Gas Dryer Hookup, Microwave
  • Interior Features: Beamed Ceilings, Ceiling Fan(s), Granite Counters
  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Fireplace Features: Living Room
  • Fireplace Rooms: Living Room
  • Flooring Type: Laminate
  • Flooring: Laminate
Exterior Features
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Exterior: Stucco
  • Roof: Flat, Shingle
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Corner Lot
  • Number Of Units: 5
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Meter on Property
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage: Garage
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
  • Parking Features: Garage
Property / Structure Info
  • Builders Tract Name: Villas Del Mar
  • Builders Tract Code: Villas Del Mar (VLDM)
Unit Information
Unit 1
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $975
  • Unit Type Total Rent: $1,950
  • Unit Type Pro Forma: 1200
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,550
  • Unit Type Total Rent: $3,100
  • Unit Type Pro Forma: 1700
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,450
  • Unit Type Total Rent: $2,450
  • Unit Type Pro Forma: 2600
  • Unit Type Type: 3
Unit Information
  • Number Of Units Leased: 5
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1

Property History for 1001 Delaware Street

DateEvent & SourcePriceAppreciation
Nov 30, 2017

Sold

SDMLS #PW17176512

$1,640,000—
Nov 30, 2017

Sold

CLAW #PW17176512MR

$1,640,000—
Nov 30, 2017

Sold

CRMLS #PW17176512

$1,640,000—
DateEvent & SourcePrice
11/30/2017

Sold

SDMLS #PW17176512

$1,640,000
11/30/2017

Sold

CLAW #PW17176512MR

$1,640,000
11/30/2017

Sold

CRMLS #PW17176512

$1,640,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1001 Delaware Street

Taxable ValueLand$2,016,013Additions$148,851Total$2,164,864
Tax Record2025$24,633 ($2,053 / month)
Home Facts
Total Finished SqFt2,546 SqFtAbove Grade Finished SqFt2,546 SqFtStories1Lot Size6,399 SqFtStyleTriplexYear Built1972CountyORANGEAPN025-103-13

Schools near 1001 Delaware Street

This home is within Huntington Beach City Elementary School District.
Rating
School
Type
Grades
Distance
Agnes L. Smith Elementary School
Public - K to 5
Ethel Dwyer Middle School
Public - 6 to 8
Huntington Beach High School
Public - 9 to 12
Kinetic Academy
Charter - K to 8
Rating
School
Distance
Agnes L. Smith Elementary School
PublicK to 5

Ethel Dwyer Middle School
Public6 to 8

Huntington Beach High School
Public9 to 12

Kinetic Academy
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Triqor Group, Gary Tolfa, DRE #00955403

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.