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Patricia Beattie

patricia@brivio.com +1(415) 286-8292

$6,079,000

Est. payment - /mo

2 Beds

2 Baths

0.89 Acres Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Subdivision Bolsa Park (Bols)

MLS Listing ID OC26237255

Bedrooms 2

Lot Size 0.890 Acres

Property Sub-Type Res Income 2-4 Units

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

Zoning Assessor

Direction South of 405, East of Beach

Interior

Fireplace No

Exterior

Pool Community/Common

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 16748216

Acceptable Financing Cash

Listing Terms Cash

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Listed by Jonathan Mitchell, DRE#01227852 Kidder Mathews of California, Inc

Nearby School & Business

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Patricia Beattie

+1(415) 286-8292

Broker License ID: 01405369

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17710 Van Buren Lane Huntington Beach, CA 92647

Patricia Beattie

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

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