7302 Garfield Avenue, Huntington Beach, CA 92648
6
beds 5
baths 4192
ft2 · 6098
ft2 lot$1,750,000
$417 / ft2
Listing provided courtesy of Tyler Leeson, Marcus & Millichap RE Invest.
Source CRMLS.
7302 Garfield Avenue is a 4-unit multifamily investment property located in Huntington Beach, one of the premier housing markets nationwide. Built in 1975, 7302 Garfield Avenue offers an excellent unit mix consisting of one, two, and three-bedroom units and offers amenities including a shared central courtyard, private balconies and patios (select units), garage parking, and on-site laundry.
HOA
$—/month
On market
2 months
Year built
1975
Property type
Multi-Family
Parking
11
MLS
OC21038854
Price / Sq.Ft.
$417 / ft2
Status
Active
Price analysis
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Based on a price of $1,750,000
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Property Details
Interior Features & Layout
Appliances
•
Laundry Details: Community
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Laundry: 1
Rooms Info
•
Average3 Bed Area Units: Square Feet
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Average Studio Area Units: Square Feet
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Average2 Bed Area Units: Square Feet
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Average1 Bed Area Units: Square Feet
Interior Size
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Building Area Total: 4192.00
Property, Lot, Community & Exterior Features
Parking Info
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Garage Spaces: 6.00
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Uncovered Spaces: 5.00
Building Info
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Building Area Units: Square Feet
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Stories Total: 2
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Num Stories: Two
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Year Built Source: Assessor
Lot Info
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Lot Features: Level
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Lot Size Source: Assessor
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Elevation Units: Feet
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Lot Size Acres: 0.1400
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Lot Size Area: 0.1400
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Lot Size Units: Acres
Community Info
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Number Of Buildings: 1
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Total Units: 4
Property Features
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Common Walls: No Common Walls
Property Type
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Common Interest: Community Apartment
Utilities & Other Information
Utilities
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Number Of Separate Electric Meters: 4
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Number Of Separate Gas Meters: 4
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Number Of Separate Water Meters: 4
Water & Sewer Info
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Water Source: Public
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Sewer: Public Sewer
Listing Details, Costs & Financing Information
Financial Info
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Gross Operating Income: 94974.00
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Water Sewer Expense: 414.50
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Other Expense Description: Misc
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Other Expense: 3382.00
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Maintenance Expense: 2400.00
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Total Actual Rent: 7850.00
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Fuel Expense: 414.50
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Trash Expense: 414.50
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New Taxes Expense: 19221.00
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Insurance Expense: 3178.00
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Vacancy Allowance: 2826
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Other Income Description: Miscellaneous
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Total Expenses: 29839.00
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Gross Scheduled Income: 94200.00
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Other Income1: 3600.00
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Tax Block: B
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Operating Expense: 29839.00
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Rent Control Yn: 1
Tax/Assessment Info
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Gross Income: 97800.00
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Tax Year: 2020
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Taxes: 17591.0
Lease Info
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Net Operating Income: 65135.00
Listing Info
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Status: Active
Other
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Electric Expense: 414.50
Multi Unit Information
Unit 3 Information
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Unit 3 Bedrooms: 3
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Unit 3 Actual Rent: 2400.00
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Unit 3 Total Units: 1
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Unit 3 Furnished Units: Unfurnished
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Unit 3 Garage Spaces: 2.00
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Unit 3 Bathrooms: 2
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Unit 3 Total Rent: 2400.00
Unit 2 Information
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Unit 2 Actual Rent: 3950.00
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Unit 2 Bedrooms: 2
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Unit 2 Total Units: 2
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Unit 2 Furnished Units: Unfurnished
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Unit 2 Bathrooms: 2
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Unit 2 Garage Spaces: 2.00
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Unit 2 Total Rent: 3950.00
Unit 1 Information
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Unit 1 Bedrooms: 1
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Unit 1 Total Units: 1
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Unit 1 Furnished Units: Unfurnished
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Unit 1 Garage Spaces: 2.00
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Unit 1 Bathrooms: 1
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Unit 1 Actual Rent: 1500.00
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Unit 1 Total Rent: 1500.00
Multi Unit Information
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# Of Units: 3
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Number Of Units Leased: 4
School Neighborhood & Directions
Location
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Community Features: Curbs, Sidewalks
School Info
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Directions: Nearby Cross Streets: Garfield Avenue & Main Street
The information contained in this listing has not been verified by Flyhomes and should be verified by the buyer.
Data last updated: Apr 12, 2021 12:30am
Neighborhood snapshot
100
Properties for sale
11
Median days on market
$572.51
Median sold price/sqft
98.79%
Sold/List %
walk score® :
transit score® :
bike score® :
Property History
02/24/2021
02/24/2021
CRMLS #OC21038854
active
CRMLS #OC21038854
$1,750,000
+22.81%
12/27/2016
12/27/2016
Public Record
sold
Public Record
$1,425,000
+16.33%
04/22/2015
04/22/2015
Public Record
sold
Public Record
$1,225,000
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California DRE #02012110
1 Homes are subject to our approval and must be listed within an MLS in the areas that Flyhomes operates. Homes are subject to inspections and other limitations.
California DRE #02012110
1 Homes are subject to our approval and must be listed within an MLS in the areas that Flyhomes operates. Homes are subject to inspections and other limitations.
