16861 Green Lane Huntington Beach, CA $ 3,100,000
16861 Green Lane
$ 3,100,000
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16861 Green Lane

Huntington Beach, CA, 92649
$ 3,100,000
Bedrooms7 Baths7.0 Sq 4,606

Monthly Estimate*

$ 20,604

Listed by RE/MAX TerraSol
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Multi-Family Home for sale in Huntington Beach, CA

for $3,100,000 with 7 bedrooms and 7 full baths. This 4,606 square foot home was built in 1973 on a lot size of 0.19.

Level up your 1031 exchange and delight your real estate investment portfolio with this super duper clean and well maintained six unit apartment complex which is close to everything that's wonderful and amazing about Huntington Beach. Location, location, location. This opportunity currently boast a 4.31% CAP and there is still an estimated 15-20% upside on rents on the current GSI. 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. Each unit features a private garage, private patio or balcony and a fireplace. Coin laundry is on-site for additional income. All units are on month-to-month leases!

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Multi-Family Active

Price

$ 3,100,000

Bedrooms

7

Full Bath

7

Property Type

Multi-Family

Taxes

$ 0

Style

Apartment

Lot Size

0.19

Year Built

1973

Town/City

Huntington Beach

County/Region

Orange

MLS | Web ID

OC23214028

Days on Market

195

Features
General
Sewer PublicSewer
Heating WallFurnace
Cooling None
Possession Negotiable
HOA 0.0
Garage Spaces 6.0
Pool Features None
Year Built 1973
Tenant Pays CableTV Electricity Gas
View Neighborhood
Stories 2
Levels Two
Property SubType Apartment
Gross Income 122609.0
Community Features StreetLights Sidewalks
County Orange
Net Operating Income 133467.0
Operating Expense 16173.0
Insurance Expense 2870.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Contingency None
Garage Y/N Y
Special Listing Conditions Standard
Status Active
Directions North of Warner and West of Bolsa Chica
City Huntington Beach
Entry Location 1
View Y/N Y
Senior Community Y/N N
NumberOfUnitsTotal 6
MLS Area 17 - Northwest Huntington Beach
Lot Size Units SquareFeet
Lot Size Square Feet 8276.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Number of Units Leased 6
Street Name Green
Listing Terms Cash Conventional Item1031Exchange OwnerMayCarry
Property Attached Y/N N
Land Lease Y/N N
Electric Expense 736.0
Home Warranty Y/N N
Current Financing None
Fuel Expense 1170.0
Property Condition Turnkey
Trash Expense 2072.0
Water Sewer Expense 1800.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 142
Building Area Units SquareFeet
Standard Status Active
Year Built Source Assessor
Tax Lot 20
Total Actual Rent 10970.0
Property Sub Type Additional Apartment
Cap Rate 4.31
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Interior
Flooring Carpet Laminate
Fireplace Features LivingRoom
Total Stories 2
Common Walls NoCommonWalls
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N Y
Street Suffix Lane
Laundry Features CommonArea
Entry Level 1
Electric On Property Y/N N
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Exterior
Lot Features CornerLot
Water Source Public
Total Parking 6.0
Lot Size Area 8276.0
Number of Buildings 1
Spa N
Building Area Total 4606.0
Lot Size Acres 0.19
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 6
Number of Separate Electric Meters 7
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 16861
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* Excluded Features
List By
Re/Max Terrasol

Broker

(714) 581-8672

Phone

Affordability Calculator

$20,604
Per Month
100%
0%
0%
Monthly Principal & Interest
$20,604
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/20/2023$3,100,000 Listed Price

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16861 Green Lane, Huntington Beach, CA, 92649 is a Multi-Family Home for sale at $3,100,000 with 4,606 sqft and a lot size of 0.19. 16861 Green Lane has 7 bedrooms, 7.0 baths, and was built in 1973. The property's zip code is 92649 which is in Huntington Beach, CA