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$1,569,000   Price Analysis
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4981 Pearce Dr
Huntington Beach, CA 92649
4 bed 4 bath 2,822 SqFt ($555/SqFt)
4,909SqFt lot. Built 1974
Listed 2024-04-09, Taxes $7,966
Ⓧ USDA Ineligible
due to price & location

near Huntington Beach

Here's th perfect opportunity to start or expand your real estate portfolio with this open DUPLEX within a mile and a half from the BEACH!

The possibilities are abundant. Properties like this do not come to the market often. Live in one unit and rent out the other as you build wealth. Location, location, location. The Bolsa Chica Wetlands, Huntington Harbour, Meadowlark Golf Course, the Pacific Ocean, places of worship and countless sumptuous eateries and restaurants are literality all within walking distance.

Both units are HUGE and feature a private garage with direct access, private patio and balcony a fireplace and vaulted ceilings. In addition to the garage, each unit also boast three uncovered spaces with room for an RV or a boa t. Rents are currently at least 25% below market.


Presented by Gene N Smith, Jr at
RE MAX Terrasol.
Listing Agent Photo

Property MLS #OC24069909 from CRMLS

Bedrooms: 4

All Bedrooms Up

Laundry Features: In Garage

Full Bathrooms: 4

Fireplace Features: Gas
Heating Features: Space Heater
Heating: Yes

Flooring: Carpet, Laminate, Vinyl

Additional Parcels Description: 17822213
Additional Parcels: Yes
Lot Description: Corner Lot
Lot Size Acres: 0.1126951
Lot Size Source: Assessor
Lot Size Square Feet: 4909

Garage Spaces: 2
Parking Features: Parking YN: Yes, Parking Features: Direct Garage Access, Driveway - Combination, Concrete
Parking Total: 8

Number of Units: 2
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 2
Unit-1 Garage Spaces: 1
Unit-2 Garage Spaces: 1

Calculated Total Monthly Association Fees: 0

Number of Units Leased: 2
Tenant Pays: Cable TV, Electricity, Gas

Community Features: Sidewalks, Street Lights

Source Listing Status: Active
County: Orange
Cap Rate: 3.54
Source Property Type: Residential Income
Exclusions: Tenant private property
Inclusions: Negotiable
Insurance Expense: 1521.00
Area: 17 - Northwest Huntington Beach
Source Neighborhood: 17 - Northwest Huntington Beach
Number of Separate Electric Meters: 2
Number of Separate Gas Meters: 2
Number of Separate Water Meters: 1
Parcel Number: 17822214
Postal Code Plus 4: 5313
Trash Expense: 810.00
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$203,376 + $474,921
$678,297
$7,966
2021$199,389 + $465,609
$664,998
$7,821
2020$197,345 + $460,835
$658,180
$7,734
2019$193,476 + $451,799
$645,275
$7,602
2018$189,683 + $442,940
$632,623
$7,433
2017$185,964 + $434,255
$620,219
$7,315
2016$182,318 + $425,740
$608,058
$7,018
2015$179,580 + $419,345
$598,925
$6,912
2014$176,063 + $411,130
$587,193
$6,777
2013$175,268 + $409,272
$584,540
$6,716
2012$171,832 + $401,247
$573,079
$6,558
2011$168,463 + $393,380
$561,843
$6,387
2010$167,204 + $390,440
$557,644
$6,310
2009$167,602 + $391,368
$558,970
$6,286
2008$164,316 + $383,694
$548,010
$6,080
2007$161,095 + $376,170
$537,265
$5,955

Price Changed 2024-06-10
$1,569,000
CRMLS
Price Changed 2024-06-05
$1,572,000
CRMLS
Price Changed 2024-05-29
$1,578,800
CRMLS
Price Changed 2024-05-15
$1,584,000
CRMLS
Listed 2024-04-09
$1,589,000
CRMLS
Listing removed 2014-04-09
$828,800
CRMLS
Price Changed 2014-02-12
$828,800
CRMLS
Price Changed 2014-02-06
$838,800
CRMLS
Price Changed 2014-01-30
$844,800
CRMLS
Price Changed 2014-01-20
$848,800
CRMLS
Listed 2013-12-28
$858,000
CRMLS
Sold 2002-11-26
$497,000
Public Record
Sold 1990-04-26
$327,500
Public Record
Sold 1987-02-13
$215,000
Public Record

Net Operating Income: 55659.00

Total Square Feet Living: 2822
Year Built: 1974
Building Features: 1
Common Walls: 1 Common Wall, No One Above, No One Below
Direction Faces: South
Entry Level: 1
Entry Location: Ground
Foundation Details: Slab
Property Age: 50
Property Attached: Yes
Roof: Spanish Tile
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Duplex
Year Built Source: Assessor

Sewer: Sewer: Public Sewer, Water Sewer Expense: 810.00
Water Source: Public

Harbour View Elementary School is a public elementary school located approximately 0.6 miles away.
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Marine View Middle School is a public middle school located approximately 1 miles away.
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Marina High School is a public high school located approximately 1.3 miles away.
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LePort Montessori Huntington Harbor is a private elementary and middle school located approximately 0.6 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.