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$2,390,000
Est. payment /mo
8,276 Sqft Lot
UPDATED:
Key Details
Property Type Other Types
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Harbor Heights Villas (Hhva)
MLS Listing ID RS26190467
HOA Y/N No
Year Built 1975
Lot Size 8,276 Sqft
Property Sub-Type Apartment
Property Description
Rare pride-of-ownership fourplex located in one of Huntington Beach's most desirable coastal neighborhoods. This well-maintained investment property features an outstanding unit mix that is increasingly difficult to find: two spacious 3-bedroom, 2 bath townhome-style units, one 2-bedroom, 2-bath unit, and one 1-bedroom, 1-bath unit situated on a generous 8,280 square foot lot with six private enclosed garages.******PLEASE SEE T12 IN SUPPLEMENTS FOR MORE ACCURTATE FINANCIALS****Also available in conjunction with the adjacent fourplex at 16692 Blanton Lane, creating a rare opportunity to acquire two side-by-side multifamily properties totaling eight units. The townhome-style floor plans offer generous living space that has attracted long-term tenants and historically low turnover. Multiple scheduled rent increases are already in place. Ideally positioned just minutes from Bolsa Chica Ecological Reserve, Huntington Harbour, Huntington State Beach, and the shopping and dining along Warner Avenue and Bolsa Chica Road, this property offers investors the opportunity town in one of Orange County's most sought-after coastal rental markets, where long-term demand continues to outpace new multifamily development. An excellent opportunity for a 1031 exchange buyer, long-term investor, or owner-occupant seeking a spacious townhome-style residence while generating income from the remaining units. Please do not disturb tenants. Inspections subject to an accepted offer.
Location
State CA
County Orange
Area 17 - Northwest Huntington Beach
Interior
Fireplace No
Laundry Common Area
Exterior
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Gutter(s)
Total Parking Spaces 4
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 17818420
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Special Listing Condition Standard
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Listed by Craig Wallace Think Boutiq Real Estate 562-673-1138, DRE #01930723
Nearby Locations
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