16861 Green LN Huntington Beach, CA 92649
Active
$3,000,000
3%
6 Units
8 Beds
7 Baths
4,606 Area(sq.ft.)
8,276 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 3 | 2 | No | $ 2,665 | $ 2,665 | $ 3,500 |
| Unit 2 | 1 | 1 | 1 | No | $ 2,250 | $ 2,250 | $ 2,250 |
| Unit 3 | 1 | 1 | 1 | No | $ 1,995 | $ 1,995 | $ 2,250 |
| Unit 4 | 1 | 1 | 1 | No | $ 1,660 | $ 1,660 | $ 2,250 |
| Unit 5 | 1 | 1 | 1 | No | $ 1,660 | $ 1,660 | $ 2,250 |
| Unit 6 | 1 | 1 | 1 | No | $ 2,395 | $ 2,395 | $ 2,395 |
| 6 | 6 | 8 | 7 | $ 12,625 | $ 12,625 | $ 14,895 |
| MLS #: | OC23214028MR |
| Days On Market: | 358 |
| County: | Orange County |
| Property Type: | Residential Income |
| Price per ft2: | $ 651 |
| Price per unit: | $ 500,000 |
| Year Built: | 1973 |
Property Details
Location, location, location! 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. This fantastic turn-key and well maintained opportunity still has an estimated 15-20% upside on rents based upon the current GSI. Each unit features a private garage, private patio or balcony and a fireplace. There's coin laundry is on-site for additional income. All units are on month-to-month leases with possibly one unit being delivered vacant.Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
| Rent Control: | False |
| Total Annual Expense: | $ 46,173 |
| Net Operating Income: | $ 135,327 |
| Cap Rate: | 3.4% |
| Gross Rent Multiplier: | 19.80 |
| Actual Gross Rent: | $ 12,625 |
Structure
| Community Features: | Sidewalks, Street Lights |
| Sewer: | Public Sewer |
| Water: | Public |
Land & Parking
| Land Lease Type: | Fee |
Interior
| AC/Cooling: | None |
| Heating: | Wall |
| Fireplace Rooms: | Living Room |
| Laundry: | Community |
| Laundry Equipment: | Own |
Exterior
| Pool: | No |
Detailed Map
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