16172 Malaga Lane, Huntington Beach, CA 92647
Overview
- Residential Income
- 8.00
- 1967
Description
Available for the first time in over 25+years, Malaga offers a rare opportunity to purchase six pride of ownership units in a very tight Huntington Beach submarket. Historically, the property has operated at less than 2% annual vacany due to below market rents. Currently there is approximately 19.8%+ Upside in rents!
Situated on the West (ocean side) of the San Diego (405) Freeway, tenants have convenient access to Beach Boulevard (Hwy 39), local beaches, employment opportunities, and education. Other desirable are amenities include an abundance of commercial and retail options catering to students and young professionals including Target and the Bella Terra Mall; all within walking distance of Malaga apartments.
Good unit mix and always rented: units are 1-3 bedrooms, 2.25 bath; 2-2 bedroom 2 bath; 2-2 bedroom 1 bath units; and one 1 bedroom 1 bath!
Address
Open on Google Maps- Address 16172 Malaga Lane
- City Huntington Beach
- State/county CA
- Zip/Postal Code 92647
- Area 16 - Fountain Valley / Northeast HB
- Country United States
Details
Updated on November 24, 2023 at 1:48 pm- Property ID: 139222
- Price: $3,000,000
- Land Area: 9148.00 m²
- Garages: 8.00
- Year Built: 1967
- Property Type: Residential Income
- Property Status: For Sale
- Living Area: 7068.00
- MLS#: OC22259532
- Office Name: PAPPAS & HIPP REALTORS
- Agent Name: Anne Pappas-Hipp
- MLS Status: Active
- Living Area Prefix: Sqft
- Agent State License: 00454426
- IDX Contact Info: 714-931-7904
Additional details
- Sewer: Public Sewer
- County: Orange
- Property SubType: Apartment
- Parking: 10.00
- Water Source: Public
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