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1703 California Street, Huntington Beach, CA 92648
10
beds
10
baths
7620
ft2
· 11000
ft2 lot
$3,900,000
$512 / ft2
Listing provided courtesy of Brian Cassingham, Twin Palms Realty.
Source CRMLS.
Gorgeous 8-unit property with a great location less than 1½ 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!
HOA
$0/month
On market
2 months
Year built
1975
Property type
Multi-Family
Parking
16
MLS
OC21021645
Price / Sq.Ft.
$512 / ft2
Status
Active
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Property Details
Interior Features & Layout
Appliances
•   
Laundry Details: Common Area
•   
Appliances: Dishwasher, Free-Standing Range, Disposal, Gas Range, Gas Water Heater, Microwave, Water Line to Refrigerator
•   
Has Appliances
•   
Security Features: Carbon Monoxide Detector(s), Firewall(s), Smoke Detector(s)
•   
Laundry: 1
Interior Features
•   
Electric Details: Electricity - On Property
•   
Interior Features: Balcony, Ceiling Fan(s), Copper Plumbing Full, Living Room Deck Attached, Stone Counters
•   
Window Features: Double Pane Windows, Insulated Windows, Screens
Rooms Info
•   
Average3 Bed Area Units: Square Feet
•   
Average Studio Area Units: Square Feet
•   
Average2 Bed Area Units: Square Feet
•   
Average1 Bed Area Units: Square Feet
•   
Room Information: Kitchen, Laundry, Master Bathroom
•   
Average3 Bed Area: 1450
•   
Average1 Bed Area: 665
Fireplace Info
•   
Has Fireplaces
•   
Fireplace Details: Living Room, Gas, Gas Starter
Heating & Cooling
•   
Has Heating
•   
Heating Details: Wall Furnace, Fireplace(s)
Flooring
•   
Flooring: Carpet, Laminate, Stone, Tile
Interior Size
•   
Building Area Total: 7620.00
Property, Lot, Community & Exterior Features
Building Info
•   
Entry Location: Downstairs and upstairs
•   
Building Area Units: Square Feet
•   
Zoning: R3
•   
Roof: Composition, Shingle
•   
Foundation Details: Slab
•   
Stories Total: 2
•   
Num Stories: Two
•   
Year Built Source: Public Records
•   
Construction Materials: Concrete, Frame, HardiPlank Type, Stucco
Parking Info
•   
Parking Available: 1
•   
Parking Features: Assigned, Garage, Garage - Single Door
•   
Garage Spaces: 8.00
•   
Uncovered Spaces: 8.00
Community Info
•   
Road Frontage Type: City Street
•   
Road Surface Type: Paved
•   
Number Of Buildings: 1
•   
Total Units: 8
Lot Info
•   
Lot Features: Corner Lot, Landscaped, Lawn, Lot 10000-19999 Sqft, Sprinkler System, Sprinklers Drip System, Sprinklers Timer
•   
Lot Size Source: Appraiser
•   
Elevation Units: Feet
•   
Lot Size Acres: 0.2525
•   
Lot Size Area: 11000.0000
•   
Lot Size Units: Square Feet
Property Features
•   
Fencing: Excellent Condition
•   
Common Walls: 2+ Common Walls
•   
Exterior Features: Rain Gutters
Utilities & Other Information
Utilities
•   
Number Of Separate Electric Meters: 8
•   
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
•   
Number Of Separate Gas Meters: 8
•   
Number Of Separate Water Meters: 1
Water & Sewer Info
•   
Water Source: Public
•   
Sewer: Public Sewer, Sewer Paid
Listing Details, Costs & Financing Information
Financial Info
•   
Gross Operating Income: 192312.00
•   
Water Sewer Expense: 2256.00
•   
Other Expense Description: Turnover
•   
Other Expense: 1600.00
•   
Laundry Income: 1300.00
•   
Vacancy Allowance Rate: 3.00
•   
Maintenance Expense: 1200.00
•   
Pest Control Expense: 220.00
•   
Cap Rate: 3.46
•   
Laundry Equipment Own Lease: Lease
•   
Total Actual Rent: 16410.00
•   
Fuel Expense: 0.00
•   
Trash Expense: 1662.00
•   
New Taxes Expense: 44782.00
•   
Insurance Expense: 3000.00
•   
Vacancy Allowance: 5908
•   
Professional Management Expense: 0.00
•   
Total Expenses: 57331.00
•   
Gross Scheduled Income: 196920.00
•   
Tax Block: 1703
•   
Operating Expense: 57331.00
•   
Gardener Expense: 1200.00
•   
Gross Multiplier: 20.80
Tax/Assessment Info
•   
Gross Income: 198220.00
•   
Tax Year: 2020
•   
Taxes: 28012.0
Lease Info
•   
Net Operating Income: 134981.00
Listing Info
•   
Status: Active
Other
•   
Electric Expense: 1416.00
Multi Unit Information
Unit 3 Information
•   
Unit 3 Bedrooms: 1
•   
Unit 3 Actual Rent: 1925.00
•   
Unit 3 Total Units: 1
•   
Unit 3 Furnished Units: Unfurnished
•   
Unit 3 Garage Spaces: 1.00
•   
Unit 3 Bathrooms: 1
•   
Unit 3 Total Rent: 1925.00
Unit 7 Information
•   
Unit 7 Garage Spaces: 1.00
•   
Unit 7 Bathrooms: 1
•   
Unit 7 Actual Rent: 1880.00
•   
Unit 7 Total Units: 1
•   
Unit 7 Total Rent: 1880.00
•   
Unit 7 Bedrooms: 1
•   
Unit 7 Furnished Units: Unfurnished
Unit 2 Information
•   
Unit 2 Actual Rent: 1945.00
•   
Unit 2 Bedrooms: 1
•   
Unit 2 Total Units: 1
•   
Unit 2 Furnished Units: Unfurnished
•   
Unit 2 Bathrooms: 1
•   
Unit 2 Garage Spaces: 1.00
•   
Unit 2 Total Rent: 1945.00
Unit 8 Information
•   
Unit 8 Bathrooms: 1
•   
Unit 8 Garage Spaces: 1.00
•   
Unit 8 Actual Rent: 1845.00
•   
Unit 8 Total Units: 1
•   
Unit 8 Total Rent: 1845.00
•   
Unit 8 Bedrooms: 1
•   
Unit 8 Furnished Units: Unfurnished
Unit 1 Information
•   
Unit 1 Bedrooms: 3
•   
Unit 1 Total Units: 1
•   
Unit 1 Furnished Units: Unfurnished
•   
Unit 1 Garage Spaces: 1.00
•   
Unit 1 Bathrooms: 3
•   
Unit 1 Actual Rent: 3320.00
•   
Unit 1 Total Rent: 3320.00
Unit 4 Information
•   
Unit 4 Actual Rent: 1775.00
•   
Unit 4 Total Units: 1
•   
Has Attached Garage
•   
Unit 4 Furnished Units: Unfurnished
•   
Unit 4 Total Rent: 1775.00
•   
Unit 4 Bathrooms: 1
•   
Unit 4 Garage Spaces: 1.00
•   
Unit 4 Bedrooms: 1
Unit 5 Information
•   
Unit 5 Actual Rent: 1845.00
•   
Unit 5 Total Units: 1
•   
Unit 5 Furnished Units: Unfurnished
•   
Unit 5 Total Rent: 1845.00
•   
Unit 5 Garage Spaces: 1.00
•   
Unit 5 Bathrooms: 1
•   
Unit 5 Bedrooms: 1
Multi Unit Information
•   
# Of Units: 8
•   
Number With Patio: 8
•   
Number With Dishwasher: 8
•   
Number Of Units Leased: 8
•   
Number With Drapes: 8
•   
Number With Carpet: 3
•   
Number With Disposal: 8
•   
Number With Range: 8
Unit 6 Information
•   
Unit 6 Actual Rent: 1875.00
•   
Unit 6 Total Units: 1
•   
Unit 6 Total Rent: 1875.00
•   
Unit 6 Furnished Units: Unfurnished
•   
Unit 6 Bedrooms: 1
•   
Unit 6 Garage Spaces: 1.00
•   
Unit 6 Bathrooms: 1
School Neighborhood & Directions
Location
•   
Other Subdivision Name: Unknown
•   
Subdivision: Other (OTHR)
•   
Community Features: Biking, Curbs, Dog Park, Fishing, Hiking, Gutters, Lake, Park, Watersports, Preserve/Public Land, Sidewalks, Storm Drains, Street Lights, Urban
School Info
•   
Directions: 405 South on Beach Blvd to Adams Ave. to California Street.
Virtual Tour Link
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•   
Virtual Tour Url Branded
Other
Calculation
•   
Dom: 62
•   
Cdom: 62
The information contained in this listing has not been verified by Flyhomes and should be verified by the buyer.

Data last updated: Apr 18, 2021 4:23pm
Neighborhood snapshot
90
Properties for sale
11
Median days on market
$570.02
Median sold price/sqft
98.85%
Sold/List %
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Property History
04/05/2021
04/05/2021
CRMLS #OC21021645
active
CRMLS #OC21021645
$3,900,000
--4.85%
02/02/2021
02/02/2021
CRMLS #OC21021645
active
CRMLS #OC21021645
$4,099,000
+211.71%
01/07/1988
01/07/1988
Public Record
sold
Public Record
$1,315,000
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