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$2,249,000

Est. payment - /mo

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8,712 Sqft Lot

Price Dropped by $46K

16672 Algonquin Huntington Beach, CA 92649

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Rick Lee

rickjleehomes@gmail.com +1(714) 943-1598

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC26204991

HOA Y/N No

Year Built 1976

Lot Size 8,712 Sqft

Property Sub-Type Quadruplex

Property Description

Location, Location, Location! This clean 4-unit property is ideally located in Huntington Harbour, just 0.50 miles from the water. The property features an excellent unit mix consisting of (1) 3 bedroom / 2.5 bath, (1) 3 bedroom / 2 bath, (1) 2 bedroom / 2 bath, and (1) 1 bedroom / 1 bath unit. Parking is exceptional with 6 single-car garages plus 1 tandem open parking space. The asset has benefited from numerous improvements, including a newer roof, plumbing, windows, sliders, and more. Additionally, the average household income in the area is approximately $165,000+. With approximately 25% upside in income and additional ADU potential, this property offers an excellent value-add investment opportunity in one of Huntington Beach's most desirable coastal locations.

Location

State CA

County Orange

Area 15 - West Huntington Beach

Interior

Fireplace No

Laundry Common Area, Laundry Room

Exterior

Garage Spaces 6.0

Garage Description 6.0

Pool None

Community Features Biking, Fishing, Street Lights, Suburban, Sidewalks, Water Sports

Total Parking Spaces 6

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Energy Description 1237.0

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Pat Swanson Pat Swanson 213-864-2862, DRE #01382974

NEARBY SCHOOL & BUSINESS

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