1703 California Street

Huntington Beach, CA 92648

$3,675,000
Last Sold Price
10
Beds
10
Baths
7,620 Sq. Ft.
$482 / Sq. Ft.
7,620
Sq. Ft.
$482
per Sq. Ft.

Description

Back on the Market! Gorgeous 8-unit property with a great location less than 1? miles from the beach, Downtown Huntington Beach and the world-famous Huntington Beach Pier! What makes this property stand out from other apartment buildings available either now or in the past is its outstanding condition. Each unit and the entire exterior and grounds have been extensively renovated and upgraded by a very talented craftsman and his crew, all with an outstanding attention to detail and the goal of achieving...Back on the Market! Gorgeous 8-unit property with a great location less than 1? miles from the beach, Downtown Huntington Beach and the world-famous Huntington Beach Pier! What makes this property stand out from other apartment buildings available either now or in the past is its outstanding condition. Each unit and the entire exterior and grounds have been extensively renovated and upgraded by a very talented craftsman and his crew, all with an outstanding attention to detail and the goal of achieving an outstanding final result. They were successful, and have created a truly exceptional turnkey opportunity. The property consists of 8 living units over 6,100 square feet, plus 8 one-car garages covering 1,460 square feet and a 60 sf laundry area, for a total building area of 7,620 square feet. Extensive interior upgrades for each unit include new kitchens, bathrooms, flooring, windows, doors, patios ? the list goes on. Exterior renovations and upgrades include a new, upgraded roof, new siding, fresh concrete walkways, new landscaping, irrigation and drainage systems, new garage doors ? this list goes on and on too! Each unit has a fully enclosed private patio (units 1 and 2 also have a large front patio), and each has a gas log fireplace. Every unit has new weather resistant sound reducing double paned windows, patio sliding doors, and front doors. Each comes with its own private garage and an additional driveway parking space. Click on the virtual tour link to see the cool aerial video!
  1. Listed by Brian Cassingham • DRE #01230655 • Brokerage DRE #01230655 • Twin Palms Realty

Property Details for 1703 California Street

Parking Spaces Total
16
Private Pool
No
Cooling Type
N/K
Total Units
8.0
Building Type
Attached
Lot Size Source
Appraiser
Living Area
7620
Assessor Parcel Number
025-088-03

Location

Listing Courtesy of Twin Palms Realty, Brian Cassingham, DRE #01230655

Sold By Morgan Skenderian, Damien Breaux, DRE #01460301

Add your commute
LISTING UPDATED: 09/09/2021 09:29 AM

Property Details for 1703 California Street

StatusClosed
MLS #OC21021645
Days on Market158
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1975
Lot Size0.25 AC / 11,000 SF
CountyOrange County

Location

Listing Courtesy of Twin Palms Realty, Brian Cassingham, DRE #01230655

Sold By Morgan Skenderian, Damien Breaux, DRE #01460301

Add your commute

Virtual Tour

Building Information for 1703 California Street

Stories2Residences-Year Built1975Building Size-Lot Size0.25 AC / 11,000 SF

Payment Calculator

$23,664 per month

30 year fixed, 7.25% Interest

Principal and Interest

$20,056

Property Taxes

$3,608

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1703 California Street

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity, Gas, Telephone
Income / Expense / Tax Details
Income Details
  • Gross Income: $196,920
  • Gross Scheduled Income: $196,920
  • Vacancy Allowance: 5908
  • Vacancy Allowance Rate: 3
  • Gross Operating Income: $192,312
  • Net Operating Income: $136,090
  • Laundry Income: $1,300
  • Gross Multiplier: 19.3
  • Cap Rate: 3.58
  • Financing: Cash To New Loan
Expense Details
  • Operating Expense: $56,222
  • New Taxes Expense: $43,673
  • Gardener Expense: $1,200
  • Fuel Expense: $0
  • Pest Control Expense: $220
  • Electric Expense: $1,416
  • Insurance Expense: $3,000
  • Maintenance Expense: $1,200
  • Professional Management Expense: $0
  • Other Expense: $1,600
  • Other Expense Description: Turnover
  • Trash Expense: $1,662
  • Water Sewer Expense: $2,256
  • Total Expenses: $56,222
Tax / Assessment Info
  • Tax Block: 1703
  • Tax Tract Number: 813
  • Tax Census Tract: 993.05
  • Tax Lot: 1
Community / Development
Community / Development
  • Community Features: Biking, Curbs, Dog Park, Fishing, Hiking, Gutters, Lake, Park, Watersports, Preserve/Public Land, Sidewalks, Storm Drains, Street Lights, Urban
Property / Structure Info
Interior Features
  • Appliances: Dishwasher, Free-Standing Range, Disposal, Gas Range, Gas Water Heater, Microwave, Water Line to Refrigerator
  • Equipment: Dishwasher, Microwave, Water Line to Refrigerator
  • Interior Features: Balcony, Ceiling Fan(s), Copper Plumbing Full, Living Room Deck Attached, Stone Counters
  • Room Type: Kitchen, Laundry, Master Bathroom
  • Water Heater Features: Gas
  • Water Heater Type: Gas
  • Laundry: Yes
  • Laundry Features: Common Area
  • Laundry Equipment Own Lease: Lease
  • Fireplace Features: Living Room, Gas, Gas Starter
  • Fireplace Rooms: Gas, Gas Starter, Living Room
  • Cooling: None
  • Heating: Wall Furnace, Fireplace(s)
  • Heat Equipment: Fireplace
  • Flooring: Carpet, Laminate, Stone, Tile
  • Virtual Tour URL Branded: https://1703california.com/
Exterior Features
  • Window Features: Double Pane Windows, Insulated Windows, Screens
  • Security Features: Carbon Monoxide Detector(s), Firewall(s), Smoke Detector(s)
  • Construction Materials: Concrete, Frame, HardiPlank Type, Stucco
  • Exterior Construction: Concrete, Frame, Stucco
  • Exterior: Stucco
  • Exterior Features: Rain Gutters
  • Roof: Composition, Shingle
  • Entry Location: Downstairs and upstairs
  • Fence: Yes
  • Fencing: Excellent Condition
  • Foundation Details: Slab
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: Corner Lot, Landscaped, Lawn, Lot 10000-19999 Sqft, Sprinkler System, Sprinklers Drip System, Sprinklers Timer
  • Lot Location: Preserve/Public Land, Corner Lot
  • Number Of Units: 8
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Levels: Two
  • Sewer: Public Sewer, Sewer Paid
  • Sewer/Septic: Sewer Connected
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Electric: Electricity - On Property
  • Water Source: Public
Parking Info
  • Garage Spaces: 8
  • Parking: Yes
  • Parking Garage: Assigned, Garage, Garage - 1 Car
  • Uncovered Spaces: 8
  • Open Other Spaces Total: 8
  • Parking Garage Spaces: 8
  • Carport Spaces: 0
  • Parking Features: Assigned, Garage, Garage - Single Door
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: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $3,320
  • Unit Type Total Rent: $3,320
  • Unit Type Pro Forma: 3375
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,945
  • Unit Type Total Rent: $1,945
  • Unit Type Pro Forma: 1945
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,925
  • Unit Type Total Rent: $1,925
  • Unit Type Pro Forma: 1925
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,775
  • Unit Type Total Rent: $1,775
  • Unit Type Pro Forma: 1950
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,845
  • Unit Type Total Rent: $1,845
  • Unit Type Pro Forma: 1845
  • Unit Type Type: 5
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,875
  • Unit Type Total Rent: $1,875
  • Unit Type Pro Forma: 1875
  • Unit Type Type: 6
Unit 7
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,880
  • Unit Type Total Rent: $1,880
  • Unit Type Pro Forma: 1880
  • Unit Type Type: 7
Unit 8
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,845
  • Unit Type Total Rent: $1,845
  • Unit Type Pro Forma: 1845
  • Unit Type Type: 8
Unit Information
  • Number Of Units Leased: 8
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1
  • Number With Dishwasher: 8
  • Number With Range: 8
  • Number With Refrigerator: 0
  • Number With Carpet: 3
  • Number With Disposal: 8
  • Number With Drapes: 8
  • Number With Patio: 8
  • Number Wall AC: 0

Property History for 1703 California Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1703 California Street

Taxable ValueLand$3,401,164Additions$347,336Total$3,748,500
Tax Record2023$43,296 ($3,608 / month)
Home Facts
Total Finished SqFt6,101 SqFtAbove Grade Finished SqFt6,101 SqFtStories2Lot Size10,760 SqFtStyleMulti-Family Res (5+ Units)Year Built1975CountyORANGEAPN025-088-03

Schools near 1703 California 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.

Similar Homes

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Similar Sold Homes

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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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Twin Palms Realty, Brian Cassingham, DRE #01230655

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.