16861 Green Ln - Apartments FOR SALE


Huntington Beach, CA 92649
$3,000,000 USD
714-581-8672
16861 Green Ln, Huntington Beach, CA for Sale
$3,000,000 USD
Apartments - FOR SALE
1/23
null | 3.4% Cap Rate

16861 Green Ln
Huntington Beach, CA 92649


HIGHLIGHTS

  • There's a 15-20% upside on rents
  • All units are leased month to month
  • Fireplace in each unit
  • Walking distance to the restaurants, shops and beach
  • Individual garage space for each unit
  • Private patios and balconies

OVERVIEW

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. This fantastic turn-key and well maintained opportunity still has an estimated 15-20% upside on rents based upon the current GSI. Each unit features a private garage, private patio or balcony and a fireplace. There's coin laundry is on-site for additional income. All units are on month-to-month leases!

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$651 USD /SF

# OF UNITS

6

PRICE/UNIT

$500,000

CAP RATE

3.4%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1973

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,329 SF

ZONING

RMH

APN/PARCEL ID

178-262-17

ASK ABOUT THIS PROPERTY

Gene SmithReMax TerrasolMore Info
714-581-8672

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Gene SmithReMax TerrasolMore Info
714-581-8672

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.