Skip To Content

    5142 Dunbar Drive

    Huntington Beach, CA 92649
    • $3,350,000
    • STATUS: Closed
    • ON SITE: 226 days
    • ID#: PW20200743
    Sold - 05/10/2021
    $3,350,000
    SOLD - 05/10/2021
    • 0
      BEDS
    • 0.28
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 11,326
      SQFT
    • $296
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1987
    County:

    School Ratings & Info

    Description

    Excellent Rental Area. Very low vacancy. Near Huntington Harbor and it is about 1 mile plus from the Beach. Building is Very well maintained. This building has very Large Size units. Very efficiently operated for maximizing income. Laundry facility on site for additional income. 8 larger size car garages plenty of storage for tenants. There are 3-5 additional parking spaces in the back. Building has solar panels to reduce the high cost of electricity. Property is Centrally located near restaurants, grocery stores, retail stores, coffee shops. Award winning schools of Huntington Beach. Very Easy access to I-405 and 22 freeways.

    Sold by Shelly Kay Hilliard of Coldwell Banker Realty.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-10T19:36:26.273. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The DeBonis Team | Keller Williams Realty. Licensed in the State of California, USA.
    www.debonishomes.com/homes/110394278
    Print Image

    5142 Dunbar Drive Huntington Beach, CA 92649

    • Price: $3,650,000
    • Status: Closed
    • Updated: 44 min ago
    • ID#: PW20200743
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.28
    Acres
    11,326
    SQFT
    $296
    $/SQFT
    1987
    Built
    Neighborhood:
    Other (Othr)
    County:
    Orange
    Area:
    15 - West Huntington Beach
    Property Description
    Excellent Rental Area. Very low vacancy. Near Huntington Harbor and it is about 1 mile plus from the Beach. Building is Very well maintained. This building has very Large Size units. Very efficiently operated for maximizing income. Laundry facility on site for additional income. 8 larger size car garages plenty of storage for tenants. There are 3-5 additional parking spaces in the back. Building has solar panels to reduce the high cost of electricity. Property is Centrally located near restaurants, grocery stores, retail stores, coffee shops. Award winning schools of Huntington Beach. Very Easy access to I-405 and 22 freeways.
    Exterior Features

    Number Of Separate Electric Meters 5 Open Parking Spaces 3 Parking Features ConcreteDoor-MultiGarage Parking Total 11 Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Common Walls No Common Walls

    Property Features

    Additional Parcels YN No Association Fee 0 Association YN No Buyer Financing Conventional Cap Rate 4.01 Common Interest None Community Features BikingGolfHikingParkStreet LightsSidewalks Contingency Closing Concurrent With Seller's Replacement Property Electric Expense 1000 Fuel Expense 135 Garage YN Yes Gross Income 225900 Gross Scheduled Income 225900 Insurance Expense 8126 Land Lease YN No Laundry Features Common AreaLaundry Room Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanConventional1031 Exchange Maintenance Expense 4000 Net Operating Income 146471 New Construction YN No New Taxes Expense 40150 Number Of Separate Gas Meters 5 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 74911 Pest Control Expense 500 Possession Close Of Escrow Property Sub Type Quadruplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Supplies Expense 1000 Tenant Pays Cable TvElectricityGas Total Actual Rent 18590 Trash Expense 1900 Vacancy Allowance 4518 Vacancy Allowance Rate 2 Water Sewer Expense 3000 Water Source Public Zoning R2

    Listing provided courtesy of Jacqueline Nguyen of Homeland Realty And Investment


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-10T19:36:26.273. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The DeBonis Team | Keller Williams Realty. Licensed in the State of California, USA.
     
    https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_364773599-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_364773599-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_364773599-1.jpg
    Logo
    The DeBonis Team | Keller Williams Realty
    19040 Van Buren Boulevard #107
    Riverside CA, 92508