Thank you
Gene Smith
RE/MAX TerraSol
714-536-6529
Level up your 1031 exchange and delight your real estate investment portfolio with this super duper clean and well maintained six unit apartment complex which is close to everything that's wonderful and amazing about Huntington Beach. Location, location, location. This opportunity currently boast a 4.31% CAP and there is still an estimated 15-20% upside on rents on the current GSI. 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 one mile. Each unit features a private garage, private patio or balcony and a fireplace. Coin laundry is on-site for additional income. All units are on month-to-month leases!
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Water Source : Public
Sewer : Public Sewer
Fireplace: Living Room
Flooring: Carpet,Laminate
None
Air Conditioning
Wall Furnace
Has Heating
Fireplace Features: Living Room
Has Fireplace: 1
Year Built: 1973
Building Area Total: 4,606
None
Common Area
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.19
Lot Size Source: Assessor
Lot Size Square Feet: 8276
Original List Price: 3,100,000
Listing Contract Date: 2023-10-16
Listing Agreement: Exclusive Right To Sell
Parcel Number: 17826217
Lease Term: Negotiable
Tenant Pays: Cable TV,Electricity,Gas
Source Listing Status: Active
Source Neighborhood: 17 - Northwest Huntington Beach
Postal Code Plus 4: 3530
Directions: North of Warner and West of Bolsa Chica
Source Property Type: Residential Income
Area: 17 - Northwest Huntington Beach
Property SubType: Apartment
Property Age: 51
Common Walls: No Common Walls
Property Condition: Turnkey
Structure Type: Apartment
Year Built Source: Assessor
Entry Level: 1
Entry Location: 1
Levels or Stories: Two
Building Total Stories: 2
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
16861 Marinabay Drive, Huntington Beach, CA,92649 | $6,999,998 | 5 | 5 | 4,800 | 7200 Sqft |
16222 Monterey Lane #27, Huntington Beach, CA,92649 | $290,000 | 3 | 2 | 1,674 | 2164637 Sqft |
16132 Santa Barbara Lane, Huntington Beach, CA,92649 | $3,750,000 | 5 | 6 | 5,495 | 7000 Sqft |
16385 Maruffa Circle, Huntington Beach, CA,92649 | $3,999,000 | 4 | 3 | 2,900 | 5000 Sqft |
16222 Monterey Lane #52, Huntington Beach, CA,92649 | $185,000 | 2 | 2 | 1,092 | -- |
3781 Ragtime Circle, Huntington Beach, CA,92649 | $4,650,000 | 3 | 4 | 4,706 | 6175 Sqft |
16451 Kohala Lane, Huntington Beach, CA,92649 | $705,000 | 2 | 2 | 1,180 | 2856 Sqft |
16521 Grunion #200, Huntington Beach, CA,92649 | $450,000 | 3 | 2 | 1,272 | 43560 Sqft |
16222 Monterey Lane #318, Huntington Beach, CA,92649 | $167,000 | 2 | -- | 1,368 | -- |
16222 Monterey Lane #186, Huntington Beach, CA,92649 | $349,900 | 3 | 1 | 1,560 | -- |
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ByOwner last updated this listing 05/02/2024 @ 21:45
MLS: OC23214028
LISTED BY: Gene Smith, RE/MAX TerraSol
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.