7851 Glencoe Drive

Huntington Beach, CA 92647

$3,000,000
Price
10
Beds
6
Baths
3,908 Sq. Ft.
$768 / Sq. Ft.
3,908
Sq. Ft.
$768
per Sq. Ft.

Description

Welcome to 7851 Glencoe Drive where opportunity knocks! This 10-bedroom, 6-bathroom income property is your chance to own a remarkable investment property just moments away from the beach in the vibrant city of Huntington Beach, CA. With 3908 square feet of space, attached garages, and additional parking space available, this property is a rare find, offering an incredible opportunity for investors to add to their portfolio. Just minutes from schools, shopping plazas, and freeways, the location is...Welcome to 7851 Glencoe Drive where opportunity knocks! This 10-bedroom, 6-bathroom income property is your chance to own a remarkable investment property just moments away from the beach in the vibrant city of Huntington Beach, CA. With 3908 square feet of space, attached garages, and additional parking space available, this property is a rare find, offering an incredible opportunity for investors to add to their portfolio. Just minutes from schools, shopping plazas, and freeways, the location is unbeatable. Three units are currently vacant, offering owner occupancy, potential for customization and increased income. Don't miss out on this chance to invest in your future in this prime Huntington Beach location!

Listing Agent

  1. Geoffrey Rodil

    Geoffrey Rodil

    Alternative Listing Agent

    Compass

    DRE #02015920

Property Details for 7851 Glencoe Drive

View
None
Parking Spaces Total
12
Private Pool
No
Cooling Type
N/K
Total Units
6.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
3908
LISTING UPDATED: 08/01/2024 12:01 AM

Property Details for 7851 Glencoe Drive

StatusActive
MLS #SB24111289
Days on Market81
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1978
CountyOrange County

Building Information for 7851 Glencoe Drive

Building/Complex7851 Glencoe DrFloor-Stories2Residences-Pet Policy-Year Built1978Building Size-

Property Information for 7851 Glencoe Drive

Income / Expense / Tax Details
Income Details
  • Gross Income: $136,800
  • Gross Scheduled Income: $163,800
  • Net Operating Income: $163,800
  • Gross Multiplier: 18.31
  • Cap Rate: 5.6
  • Current Financing: Conventional
Expense Details
  • Operating Expense: $0
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Professional Management Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $34,200
Tax / Assessment Info
  • Tax Block: A
  • Tax Tract Number: 522
  • Tax Census Tract: 994.10
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 6
Community / Development
Community / Development
  • Accessibility Features: None
  • Disability Access: None
  • Assessments YN: No
  • Assessments: None
  • Community Features: Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Appliances: Gas Cooktop, Water Heater
  • Equipment: Laundry Area
  • Room Type: Family Room, Galley Kitchen, Living Room
  • Laundry: Yes
  • Laundry Features: Common Area
  • Fireplace Features: Living Room
  • Fireplace Rooms: Living Room
  • Cooling: None
  • Heating Type: Wall
  • Heating: Wall Furnace
  • Flooring: Carpet, Vinyl
Exterior Features
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Exterior: Stucco
  • Roof: Flat
  • Entry Location: front entry
  • Fence: Yes
  • Fence: Wood
  • Fencing: Wood
  • Foundation Details: Slab
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: 6-10 Units/Acre, Front Yard, Garden
  • Number Of Units: 6
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Electric: Standard
  • Water Source: Public
Parking Info
  • Garage Spaces: 6
  • Parking: Yes
  • Parking Garage: Driveway, Garage
  • Uncovered Spaces: 6
  • Open Other Spaces Total: 6
  • Parking Garage Spaces: 6
  • Carport Spaces: 0
  • Parking Features: Driveway, Garage
Property / Structure Info
  • Builders Tract Name: Huntington North
  • Builders Tract Code: Huntington North (HNOR)
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2300
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,400
  • Unit Type Total Rent: $1,400
  • Unit Type Pro Forma: 2300
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,950
  • Unit Type Total Rent: $1,950
  • Unit Type Pro Forma: 2700
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,600
  • Unit Type Total Rent: $2,600
  • Unit Type Pro Forma: 2700
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2700
  • Unit Type Type: 5
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2700
  • Unit Type Type: 6
Unit Information
  • Number Of Units Leased: 3
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 6

Property History for 7851 Glencoe Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 7851 Glencoe Drive

Taxable ValueLand$320,301Additions$355,258Total$675,559
Tax Record2023$8,418 ($701 / month)
Home Facts
Total Finished SqFt3,910 SqFtAbove Grade Finished SqFt3,910 SqFtStories2Lot Size8,089 SqFtStyleQuadraplexYear Built1978CountyORANGEAPN142-101-06

Schools near 7851 Glencoe Drive

This home is within Ocean View School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Sun View Elementary School
PublicK to 5

Spring View Middle School
Public6 to 8

Marina High School
Public9 to 12

Coast High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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7851 Glencoe Drive is a multi-family home for sale in Huntington Beach, CA 92647. This property was listed for sale on May 31, 2024 by Compass, it's currently listed at $3,000,000. This listing's school districts are Ocean View School District, Huntington Beach Union High School District. Nearby schools include Sun View Elementary School, Spring View Middle School and Marina High School. 7851 Glencoe Drive is a 10-bed, 6-bath, 3,908 sqft multi-family home built in 1978.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Geoffrey Rodil, DRE #02015920; Splash Real Estate, Blanca Akimoto, DRE #02195463

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.