Huntington Beach, CA 92647,16562 Goldenwest ST
Huntington Beach, CA 92647,16562 Goldenwest ST
Huntington Beach, CA 92647,16562 Goldenwest ST
Huntington Beach, CA 92647,16562 Goldenwest ST
Huntington Beach, CA 92647,16562 Goldenwest ST
Huntington Beach, CA 92647,16562 Goldenwest ST
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$ 1,900,000
Est. payment | /mo

9 Beds

7 Baths

4,442 SqFt


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$ 1,900,000
Est. payment | /mo
Save

9 Beds

7 Baths

4,442 SqFt

Key Details

Property Type Multi-Family

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 4,442 sqft

Price per Sqft $427

MLS Listing ID 24464845

Bedrooms 9

HOA Y/N No

Year Built 1969

Lot Size 7,405 Sqft

Property Description

We are pleased to offer the opportunity to acquire 16562 Goldenwest Street, a four-unit Covington-style value add apartment building in the desirable Goldenwest neighborhood of Huntington Beach, CA. Built in 1969, this well-maintained property offers 4,442 rentable SF on a 7,405 SF lot featuring an excellent unit mix of one (1) three-bedroom "owner's unit" and three (3) two-bedroom units with ample on-site parking including two (2) double-car garages and three (3) surface parking spaces. Each unit features spacious layouts with private patios or balconies, abundant natural light, and wall heaters, providing a comfortable and appealing living experience for tenants. The property is individually metered for gas and electricity, includes brand new water heaters in each unit, and tenants are responsible for their own trash, reducing landlord operating expenses. Additionally, an on-site laundry room offers potential for added revenue, currently not operational and with no lease on the equipment. With this rare buying opportunity, an investor will have the opportunity to capture over 45% rental upside by renovating units and taking advantage of the fundamentals fueling the rental neighborhood of the Huntington Beach community for decades to come.

Location

State CA

County Orange

Area 17 - Northwest Huntington Beach

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Exterior

Parking Features Assigned, Door-Multi, Garage

Garage Spaces 4.0

Garage Description 4.0

Total Parking Spaces 7

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 14241115

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Kamfar Kyle Mirrafati • Matthews Real Estate Investment Services
agent-avatar

+1(805) 242-2114

alana@soldbyalanaking.com

Paso Robles, CA, 93446, USA

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