Description
We are pleased to offer the opportunity to acquire 16562 goldenwest street, a four-unit covington-style value add apartment building in the desirable goldenwest neighborhood of huntington beach, ca. built in 1969, this well-maintained property offers 4,442 rentable sf on a 7,405 sf lot featuring an excellent unit mix of one (1) three-bedroom "owner's unit" and three (3) two-bedroom units with ample on-site parking including two (2) double-car garages and three (3) surface parking spaces. each unit features spacious layouts with private patios or balconies, abundant natural light, and wall heaters, providing a comfortable and appealing living experience for tenants. the property is individually metered for gas and electricity, includes brand new water heaters in each unit, and tenants are responsible for their own trash, reducing landlord operating expenses. additionally, an on-site laundry room offers potential for added revenue, currently not operational and with no lease on the equipment. with this rare buying opportunity, an investor will have the opportunity to capture over 45% rental upside by renovating units and taking advantage of the fundamentals fueling the rental neighborhood of the huntington beach community for decades to come.
Property Type
Residential IncomeCounty
OrangeStyle
Residential IncomeAD ID
47763441
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Property Details
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Interior Features
Bedroom Information
- Total Bedrooms : 9
Bathroom Information
- Total Baths: 7
- Full Baths: 0
- Half Baths: 0
Cooling Features
- None
- Air Conditioning
Heating Source
- Wall Furnace
- Has Heating
-
Exterior Features
Building Information
- Year Built: 1969
- Building Area Total: 4,442
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.17
- Lot Size Dimensions: 65x115
- Lot Size Source: Assessor
- Lot Size Square Feet: 7405
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Listing Information
Listing Price Information
- Original List Price: 1,900,000
- Listing Contract Date: 2024-11-21
Lease Information
- Listing Agreement: Exclusive Right To Sell
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Taxes / Assessments
Tax Information
- Parcel Number: 14241115
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Assigned,Door-Multi,Garage
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 17 - Northwest Huntington Beach
- Postal Code Plus 4: 4453
- Directions: See Google Maps
- Source Property Type: Residential Income
- Area: 17 - Northwest Huntington Beach
Building and Construction
- Property Age: 55
- Year Built Source: Vendor Enhanced
- Total Square Feet Living: 4442
- Levels or Stories: Two
- Building Total Stories: 2
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BuyOwner last updated this listing 11/25/2024 @ 01:53
- MLS: 24464845
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 9 bedrooms which is for sale, it has 4,442 sqft, 7,405 sized lot, and 4 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Huntington Beach , in zip code 92647, this Orange County Home , it is in the other Subdivision, are nearby neighborhoods.