5
Baths
4,368 Sq. Ft.
$664 / Sq. Ft.
4,368
Sq. Ft.
$664
per Sq. Ft.

Description

Pride of Ownership 3 blocks from the beach! Rare opportunity to own this downtown Huntington Beach 4-plex offering more than location with all four units professionally designed and updated with a coastal modern style. Offering an excellent unit mix with a large 3 bedroom/2 bathroom unit with private two car garage, and three 2 bedroom/1 bathroom units each with 1 garage space. Building is turnkey with a new roof, water heater system, and many more improvements. Units are separately metered for gas...Pride of Ownership 3 blocks from the beach! Rare opportunity to own this downtown Huntington Beach 4-plex offering more than location with all four units professionally designed and updated with a coastal modern style. Offering an excellent unit mix with a large 3 bedroom/2 bathroom unit with private two car garage, and three 2 bedroom/1 bathroom units each with 1 garage space. Building is turnkey with a new roof, water heater system, and many more improvements. Units are separately metered for gas and electricity. Excellent investment opportunity for improved property at the beach with amazing return for this asset type and location, don't miss out! All information deemed reliable but not guaranteed, prospective buyers to verify all aspects of the property including sqft, size of lot, and condition. Expenses are estimates based on historical information and may not be exact. All offers will be reviewed on Monday, May 3rd at 12pm.
  1. Listed by Jessica Hakimian • DRE #01774151 • Brokerage DRE #01853097 • Coastal Realty Advisors Inc
  2. Listed by Brian Kamenca • DRE #00858860 • Brokerage DRE #01451217 • RE/MAX TerraSol

Property Details for 409 12th Street

View
Coastline, Neighborhood, Ocean
Parking Spaces Total
8
Private Pool
No
Cooling Type
N/K
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
4368
LISTING UPDATED: 06/11/2021 03:00 PM

Property Details for 409 12th Street

StatusClosed
MLS #OC21087687
Days on Market5
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1966
Lot Size0.13 AC / 5,663 SF
CountyOrange County

Location

Listing Courtesy of Coastal Realty Advisors Inc, Jessica Hakimian, DRE #01774151; RE/MAX TerraSol, Brian Kamenca, DRE #00858860

Sold By Morgan Skenderian, Rick Applebaum, DRE #01273871

Add your commute

Building Information for 409 12th Street

Stories2Residences-Year Built1966Building Size-Lot Size0.13 AC / 5,663 SF

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OriginPoint Mortgage or Rocket Mortgage1

$17,102 per month

30 year fixed, 6.15% Interest

Principal and Interest

$14,134

Property Taxes

$2,968

HOA Dues

$0

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Property Information for 409 12th Street

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity, Gas, Telephone
Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $144,000
  • Gross Operating Income: $144,000
  • Net Operating Income: $106,324
  • Laundry Income: $0
  • Gross Multiplier: 18.6
  • Cap Rate: 4.0
  • Financing: Cash
Expense Details
  • Operating Expense: $37,675
  • New Taxes Expense: $29,424
  • Gardener Expense: $768
  • Cable TV Expense: $0
  • Fuel Expense: $960
  • Pool Expense: $0
  • Security Expense: $0
  • Furniture Replacement Expense: $0
  • Electric Expense: $240
  • Insurance Expense: $2,997
  • Maintenance Expense: $1,000
  • Workmans Compensation Expense: $0
  • Trash Expense: $1,182
  • Water Sewer Expense: $1,104
  • Total Expenses: $37,675
Tax / Assessment Info
  • Tax Area: 04-001
  • Tax Year: 2020
  • Tax Tract Number: 6119
  • Tax Census Tract: 993.11
  • Tax Lot: 5
Community / Development
Community / Development
  • Accessibility Features: Doors - Swing In
  • Disability Access: Doors - Swing In
  • Assessments YN: No
  • Assessments: None
  • Community Features: Biking, Curbs, Fishing, Gutters, Park, Watersports, Preserve/Public Land, Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Appliances: Dishwasher, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Free-Standing Range, Disposal, Gas Oven, Microwave, Range Hood, Refrigerator, Water Heater Central
  • Equipment: Community, Dishwasher, Garage, Gas Dryer Hookup, In Closet, Inside, Microwave, Outside, Refrigerator
  • Interior Features: Ceiling Fan(s), Copper Plumbing Partial, Open Floorplan, Recessed Lighting, Stone Counters
  • Room Type: Family Room, Kitchen, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom
  • Bedroom Features: Main Floor Bedroom, Main Floor Master Bedroom, Master Bedroom
  • Water Heater Features: Central Water Heater
  • Laundry: Yes
  • Laundry Features: Common Area, Community, Gas Dryer Hookup, In Closet, In Garage, Inside, Upper Level, Outside, Washer Hookup
  • Laundry Equipment Own Lease: Own
  • Fireplace Features: Family Room, Gas Starter, Wood Burning
  • Fireplace Rooms: Family Room, Gas Starter
  • Cooling: None
  • Heating Type: Natural Gas
  • Heat Source: Natural Gas
  • Heating: Wall Furnace, Natural Gas
  • Flooring: Tile, Vinyl
Exterior Features
  • Window Features: Blinds, ENERGY STAR Qualified Windows, Insulated Windows, Screens
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Exterior: Stucco
  • Exterior Features: Lighting, Rain Gutters
  • Roof: Composition, Flat, Shingle
  • Fence: Yes
  • Fence: Partial, Privacy, Wood
  • Fencing: Good Condition, Partial, Privacy, Wood
  • Foundation Details: Slab
  • Property Condition: Updated/Remodeled
  • View Description: Coastline, Ocean
  • Waterfront Features: Beach Access, Ocean Access
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Green Info
  • Green Energy Efficient: Appliances, Lighting
Land/Lot Info
  • Lot Features: Front Yard, Rectangular Lot, Near Public Transit, Park Nearby, Rocks, Sprinkler System, Sprinklers In Front, Sprinklers On Side, Sprinklers Timer, Walkstreet, Yard
  • Lot Location: Preserve/Public Land, Near Public Transit, Park Nearby, Rocks
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Alley Paved, Maintained, Paved
  • Road Frontage Type: Alley, City Street
  • Levels: Two
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Underground Utilities, Water Connected
  • Electric: Standard
  • Water Source: Public
Parking Info
  • Garage Spaces: 5
  • Parking: Yes
  • Parking Garage: Assigned, Direct Entrance, Door Opener, Driveway, Garage, Garage - 1 Car, Garage - 2 Car
  • Uncovered Spaces: 3
  • Open Other Spaces Total: 3
  • Parking Garage Spaces: 5
  • Carport Spaces: 0
  • Parking Features: Assigned, Direct Garage Access, Driveway, Concrete, Paved, Garage, Garage Faces Front, Garage Faces Rear, Garage - Single Door, Garage - Two Door, Garage Door Opener, Off Street
Property / Structure Info
  • Builders Tract Name: Other
  • Builders Tract Code: Other (OTHR)
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 3700
  • Unit Type Type: 1
Unit 2
  • 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: Yes
  • Unit Type Actual Rent: $2,900
  • Unit Type Total Rent: $2,900
  • Unit Type Pro Forma: 2900
  • 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: Yes
  • Unit Type Actual Rent: $2,700
  • Unit Type Total Rent: $2,700
  • Unit Type Pro Forma: 2700
  • Unit Type Type: 3
Unit 4
  • 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: Yes
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2700
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 2
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number With Dishwasher: 4
  • Number With Range: 4
  • Number With Refrigerator: 3
  • Number With Carpet: 0
  • Number With Disposal: 4
  • Number With Drapes: 4
  • Number With Patio: 0
  • Number Wall AC: 0

Property History for 409 12th Street

DateEvent & SourcePriceAppreciation
Jun 11, 2021

Sold

CLAW #OC21087687MR

$2,900,000—
Jun 11, 2021

Sold

SDMLS #OC21087687

$2,900,000—
Jun 11, 2021

Sold

CRMLS #OC21087687

$2,900,000—
May 19, 2021

Pending

SDMLS #OC21087687

—
May 5, 2021

Sold (Public Record)

Public Record #1463646249

$2,900,000—
May 4, 2021

Accepting Backup Offers

SDMLS #OC21087687

—
May 3, 2021

Pending

CRMLS #OC21087687

—
May 3, 2021

Accepting Backup Offers

CRMLS #OC21087687

—
May 3, 2021

Pending

CLAW #OC21087687MR

—
May 3, 2021

Pending

SDMLS #OC21087687

—
May 3, 2021

Accepting Backup Offers

CLAW #OC21087687MR

—
Apr 29, 2021

Listed (Active)

SDMLS #OC21087687

$2,679,000—
Apr 28, 2021

Listed (Active)

CLAW #OC21087687MR

$2,679,000—
Apr 28, 2021

Listed (Active)

CRMLS #OC21087687

$2,679,000—
DateEvent & SourcePrice
06/11/2021

Sold

CLAW #OC21087687MR

$2,900,000
06/11/2021

Sold

SDMLS #OC21087687

$2,900,000
06/11/2021

Sold

CRMLS #OC21087687

$2,900,000
05/19/2021

Pending

SDMLS #OC21087687

—
05/05/2021

Sold (Public Record)

Public Record #1463646249

$2,900,000
05/04/2021

Accepting Backup Offers

SDMLS #OC21087687

—
05/03/2021

Pending

CRMLS #OC21087687

—
05/03/2021

Accepting Backup Offers

CRMLS #OC21087687

—
05/03/2021

Pending

CLAW #OC21087687MR

—
05/03/2021

Pending

SDMLS #OC21087687

—
05/03/2021

Accepting Backup Offers

CLAW #OC21087687MR

—
04/29/2021

Listed (Active)

SDMLS #OC21087687

$2,679,000
04/28/2021

Listed (Active)

CLAW #OC21087687MR

$2,679,000
04/28/2021

Listed (Active)

CRMLS #OC21087687

$2,679,000

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

Public Records for 409 12th Street

Taxable ValueLand$2,489,595Additions$649,458Total$3,139,053
Tax Record2025$35,615 ($2,968 / month)
Home Facts
Total Finished SqFt4,368 SqFtAbove Grade Finished SqFt4,368 SqFtStories2Lot Size5,751 SqFtStyleQuadraplexYear Built1966CountyORANGEAPN024-028-10

Schools near 409 12th Street

This home is within Huntington Beach City Elementary School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Coastal Realty Advisors Inc, Jessica Hakimian, DRE #01774151; RE/MAX TerraSol, Brian Kamenca, DRE #00858860

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.