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16861 Green Lane

Huntington Beach, CA 92649
  • $3,100,000
  • STATUS: Active
  • ON SITE: 53 Days
  • ID#: OC23192435
$3,100,000
  • 0
    BEDS
  • 0.19
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1973
County:

School Ratings & Info

Listing Agent(s): Gene Smith of RE/MAX TerraSol (714-536-6529)


Description

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. 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. Doesn't everyone want a palindromic address? Each unit features a private garage, private patio or balcony and a fireplace. Coin laundry is on-site for additional income. There is approximately a 30% upside on rents. All units are on month-to-month leases!

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-10T00:27:15.49. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Nelson Team | American Home Realty. Licensed in the State of California, USA.
www.nelsonteamrealestate.com/homes/144441297
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16861 Green Lane Huntington Beach, CA 92649

  • Price: $3,100,000
  • Status: Active
  • On Site: 53 Days
  • ID#: OC23192435
0
Beds
0
Baths
0
½ Baths
0.19
Acres
1973
Built
Neighborhood:
17 - Northwest Huntington Beach
County:
Orange
Area:
17 - Northwest Huntington Beach
Property Description
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. 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. Doesn't everyone want a palindromic address? Each unit features a private garage, private patio or balcony and a fireplace. Coin laundry is on-site for additional income. There is approximately a 30% upside on rents. All units are on month-to-month leases!
Exterior Features

Construction Materials Stucco Entry Level 1 Lot Features Corner Lot Parking Total 6 Sign On Property YN No

Interior Features

Cooling None Cooling YN No Heating Wall Furnace Heating YN Yes

Property Features

Additional Parcels YN No Cap Rate 3.65 Common Interest None Current Financing None Electric Expense 816 Gross Scheduled Income 131640 Laundry Features Common Area Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 113282 Number Of Units Leased 6 Operating Expense 7678 Other Expense 274 Property Sub Type Multi Family Security Features Smoke Detector(s) Special Listing Conditions Standard Tax Annual Amount 11400 Tax Year 2022 Trash Expense 1848 Water Sewer Expense 2028 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-10T00:27:15.49. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Nelson Team | American Home Realty. Licensed in the State of California, USA.
 
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The Nelson Team | American Home Realty
10 Via Del Tesoro
San Clemente CA, 92673
Listing Agent(s): Gene Smith of RE/MAX TerraSol (714-536-6529)