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PENDING
731 Owen Drive, Huntington Beach, CA 92648
2
beds
2
baths
4584
ft2
· 6534
ft2 lot
$2,230,000
$486 / ft2
Listing provided courtesy of Kurt Hediger, Marcus & Millichap RE Invest.
Source CRMLS.
731 Owen Drive is a 6-unit multifamily investment property located in Huntington Beach, one of the premier housing markets nationwide. Built in 1962, 731 Owen Drive consists of two, studio and four, two-bedroom units and offers amenities including private garage parking and security doors. In 2019, the property underwent significant renovations to the exterior and four of the six interior units.
HOA
$—/month
On market
1 year
Year built
1962
Property type
Multi-Family
Parking
6
MLS
OC20031718
Price / Sq.Ft.
$486 / ft2
Status
Pending
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Property Details
Interior Features & Layout
Appliances
•   
Laundry Details: Electric Dryer Hookup, Washer Hookup
•   
Laundry: 1
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
Interior Size
•   
Building Area Total: 4584.00
Property, Lot, Community & Exterior Features
Parking Info
•   
Garage Spaces: 6.00
Building Info
•   
Building Area Units: Square Feet
•   
Stories Total: 2
•   
Num Stories: Two
•   
Year Built Source: Appraiser
Lot Info
•   
Lot Features: Landscaped
•   
Lot Size Source: Assessor
•   
Elevation Units: Feet
•   
Lot Size Acres: 0.1500
•   
Lot Size Area: 0.1500
•   
Lot Size Units: Acres
Community Info
•   
Number Of Buildings: 1
•   
Total Units: 6
Property Features
•   
Common Walls: No Common Walls
Property Type
•   
Common Interest: Community Apartment
Utilities & Other Information
Utilities
•   
Number Of Separate Electric Meters: 6
•   
Number Of Separate Gas Meters: 6
•   
Number Of Separate Water Meters: 1
Water & Sewer Info
•   
Water Source: Public
•   
Sewer: Public Sewer
Listing Details, Costs & Financing Information
Financial Info
•   
Water Sewer Expense: 1011.00
•   
Other Expense Description: Misc
•   
Other Expense: 2100.00
•   
Maintenance Expense: 3000.00
•   
Fuel Expense: 1011.00
•   
Trash Expense: 1011.00
•   
New Taxes Expense: 25957.00
•   
Insurance Expense: 1050.00
•   
Vacancy Allowance: 4048
•   
Professional Management Expense: 300.00
•   
Total Expenses: 36451.00
•   
Gross Scheduled Income: 134940.00
•   
Tax Block: A
•   
Operating Expense: 36451.00
•   
Rent Control Yn: 1
Tax/Assessment Info
•   
Gross Income: 134940.00
•   
Tax Year: 2020
•   
Taxes: 23705.0
Lease Info
•   
Net Operating Income: 94441.00
Listing Info
•   
Status: Pending
Other
•   
Electric Expense: 1011.00
Multi Unit Information
Unit 2 Information
•   
Unit 2 Actual Rent: 2050.00
•   
Unit 2 Bedrooms: 2
•   
Unit 2 Total Units: 4
•   
Unit 2 Furnished Units: Unfurnished
•   
Unit 2 Bathrooms: 1
•   
Unit 2 Garage Spaces: 4.00
•   
Unit 2 Total Rent: 8200.00
Multi Unit Information
•   
# Of Units: 2
Unit 1 Information
•   
Unit 1 Total Units: 2
•   
Unit 1 Furnished Units: Unfurnished
•   
Unit 1 Garage Spaces: 2.00
•   
Unit 1 Bathrooms: 1
•   
Unit 1 Actual Rent: 1350.00
•   
Unit 1 Total Rent: 2700.00
School Neighborhood & Directions
Location
•   
Community Features: Curbs, Sidewalks
School Info
•   
Directions: Cross Streets: Beach Boulevard & Owen
Other
Calculation
•   
Dom: 428
•   
Cdom: 428
The information contained in this listing has not been verified by Flyhomes and should be verified by the buyer.

Data last updated: Apr 19, 2021 2:44pm
Neighborhood snapshot
88
Properties for sale
11
Median days on market
$570.02
Median sold price/sqft
98.85%
Sold/List %
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Property History
04/15/2021
04/15/2021
CRMLS #OC20031718
pending
CRMLS #OC20031718
$2,230,000
02/12/2020
02/12/2020
CRMLS #OC20031718
active
CRMLS #OC20031718
$2,230,000
+10.12%
07/18/2019
07/18/2019
Public Record
sold
Public Record
$2,025,000
+21.99%
01/02/2019
01/02/2019
Public Record
sold
Public Record
$1,660,000
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