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Listed by Craig Wallace • Think Boutiq Real Estate
$2,390,000
Est. payment /mo
4,155 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 4,155 sqft
Price per Sqft $575
MLS Listing ID RS-26190467
Year Built 1975
Lot Size 8,276 Sqft
Property Sub-Type Apartment
Source California Regional Multiple Listing Service (CRMLS)
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
Laundry Common Area
Exterior
Garage Spaces 4.0
Pool None
Community Features Gutters
Building
Lot Description 2-5 Units/Acre
Sewer Public Sewer
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John R Thompson
Broker/Owner License ID: 01200900
Broker/Owner License ID: 01200900