16781 Green Ln. Huntington Beach, CA 92619
Active
$2,275,000
9%
4 Units
9 Beds
9 Baths
5,100 Area(sq.ft.)
8,334 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 2 | 3 | No | $ 2,400 | $ 2,400 | $ 3,500 |
| Unit 2 | 1 | 2 | 2 | No | $ 2,000 | $ 2,000 | $ 2,750 |
| Unit 3 | 1 | 2 | 2 | No | $ 2,650 | $ 2,650 | $ 2,750 |
| Unit 4 | 1 | 3 | 2 | No | $ 2,150 | $ 2,150 | $ 3,150 |
| 4 | 4 | 9 | 9 | $ 9,200 | $ 9,200 | $ 12,150 |
| MLS #: | OC24159539MR |
| Days On Market: | 133 |
| County: | Orange County |
| Property Type: | Residential Income |
| Price per ft2: | $ 446 |
| Price per unit: | $ 568,750 |
| Year Built: | 1977 |
Property Details
Moody 4-Plex - Ken Moody was a famous local Architect who specialized in building 4-plexes that have a large owners unit with a two car garage. - 1 1/2 Miles to the Beach - Centrally Located near shopping and the freeway. One block off the intersection of Warner and Bolsa-Chica - Unit A - Approx. 2000 Sq. Ft. - 2 Bedrooms - 2 1/2 Baths - 2 Fireplaces - Large Loft about 12x20, perfect for an office or weight room. - 2 Car Garage - Private Patios off of the Primary Bedroom and the living room. - Private Washer and Dryer Hookups inside - Unit B - Approx.. 1000 Sq. Ft. - Ground Floor - 2 Bedrooms - 2 Bathrooms - 1 car direct access garage - Private Patio - Unit C - Approx. 1000 sq. ft. - Completely upgraded with ceramic tile floors, granite countertops, new cabinets, new stove, new dishwasher, new sink and faucet - new water heater, new 3 inch baseboards. New screens - new front security door - New Window Coverings - Check out the photos. COMPLETELY NEW - 1 car garage - Patio - Unit D - Approx. 1400 sq. ft. - 3 Bedroom - 2 Bathrooms - Fireplace in Living Room - Premium Vinyl Plank Flooring - Large Private Patio in back - Front Patio also - Vaulted ceilings - Granite in the Kitchen - One car garage - Large units - Each unit has a parking space in front of the garage - Each unit has its own water heater. - Common Pay washer and dryer, leased, for B, C and D. - Long Term Tenants - With some TLC there is a lot of upside to owning this building. Rents are low and there is a lot of potential for a higher Net with rent increases. The building next door at 16771 Green Ln. is also for sale. Same Basic Building next door. Basically same configuration - Opportunity to own 8 units side by side - Much more flexibility than owning 5 or more units by owning two fourplexes.Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
| Rent Control: | Yes |
| Gross Operating Income: | $ 112,200 |
| Total Annual Expense: | $ 2,856 |
| Net Operating Income: | $ 108,144 |
| Gross Rent Multiplier: | 22.27 |
| Actual Gross Rent: | $ 9,250 |
Structure
| Community Features: | Curbs, Gutters, Sidewalks, Street Lights |
| Sewer: | Public Sewer |
| Water: | Public |
Land & Parking
| Land Lease Type: | Fee |
Interior
| Cooking Appliances: | Oven-Gas, Range |
| AC/Cooling: | None |
| Equipment: | Dishwasher, Laundry Area, Vented Exhaust Fan |
| Heating: | Forced Air, Natural Gas |
| Fireplace Rooms: | Living Room |
| Laundry: | Laundry Area |
| Laundry Equipment: | Lease |
| Laundry Income: | 100.00 |
Exterior
| Pool: | No |
Detailed Map
Schools
Find a great school for your child
Income
