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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$6,079,000

Est. payment - /mo

0.89 Acres Lot

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UPDATED:

Key Details

Property Type Other Types

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision Bolsa Park (Bols)

MLS Listing ID OC26237255

HOA Y/N No

Year Built 1965

Lot Size 0.890 Acres

Property Sub-Type Apartment

Property Description

An opportunity to acquire a 16-unit, townhomestyle
multifamily investment property in Huntington
Beach, California, featuring significant potential for
rental income growth by value-add renovations,
and prospective accessory dwelling uni t
(ADU) development. Constructed in 1965, the property consists of twostory
town-home-style residences with desirable twobedroom
floor plans, private patios or backyards, and
dedicated parking. Current rents of approximately
$2,200 per month per unit present a potential
opportunity to reposition the property through
substantial interior and exterior renovations, with
projected market rents of approximately $3,295 per
month per unit, subject to market verification and
completion of substantial improvements.
Additionally, the property presents a potential
opportunity to explore ADU development, subject
to applicable state and local regulations, site-specific
feasibility, and required governmental approvals.

Location

State CA

County Orange

Area 17 - Northwest Huntington Beach

Interior

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 16.0

Garage Description 16.0

Pool Community

Community Features Sidewalks, Pool

Total Parking Spaces 32

Private Pool No

Building

Lot Description 16-20 Units/Acre

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 16748216

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Trust

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Listed by Jonathan Mitchell Kidder Mathews of California, Inc jon.mitchell@kidder.com, DRE #01227852

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17710 Van Buren LN #16 Huntington Beach, CA 92647