For Sale
$1,900,000

16562 Goldenwest St Huntington Beach, CA 92647

Four-unit value-add opportunity in prime location.

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional two-story apartment building, constructed in 1969, presents a compelling value-add investment opportunity in Huntington Beach, California. The property boasts 4,442 square feet of net rentable space situated on a 7,405 square foot lot. The building comprises four units: one three-bedroom unit and three two-bedroom units, each featuring spacious layouts, private patios or balconies, and abundant natural light. Ample on-site parking is provided with two double-car garages and three surface spaces (7 spaces per 1,000 sq ft). Individual gas and electric meters, along with brand-new water heaters in each unit, minimize landlord operating expenses

Highlights

  • Four-unit Covington-style building, 1969 construction, Goldenwest neighborhood, Huntington Beach, CA.
  • Significant value-add opportunity with over 45% rental upside.
  • Excellent unit mix: one 3-bedroom owner's unit and three 2-bedroom units.
  • Spacious units feature private patios/balconies, abundant natural light, and wall heaters.
  • Large lot with ample parking: two double-car garages and three surface spaces.
  • Each unit has a brand-new, individually metered water heater; electricity and gas are also individually metered.

Property Details for 16562 Goldenwest St

Property type
Apartment buildings
Square Feet
4,442 SF
Year Built
1969
Buildings
1
Stories
2
Units
4

Location Insight

City
Huntington Beach
County
Orange
State
California
Latitude
33.721874748489
Longitude
-118.0065891187

FAQs

What type of property is this?
Apartment building - Four-unit value-add opportunity in prime location.
Where is the apartment building located?
The property is located at 16562 Goldenwest St Huntington Beach, CA.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: Four-unit Covington-style building, 1969 construction, Goldenwest neighborhood, Huntington Beach, CA.; Significant value-add opportunity with over 45% rental upside.; Excellent unit mix: one 3-bedroom owner's unit and three 2-bedroom units.
How can I contact the broker?
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16562 Goldenwest St
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