N/A
Bedrooms
$6,079,000
FOR SALEHuntington Beach, CA
MLS# OC26237255
Jonathan Mitchell
Listing Agent
Kidder Mathews of California, Inc
DRE #: 01227852
jon.mitchell@
Brokerage: Kidder Mathews of California, Inc
N/A
Bedrooms
N/A
Bathrooms
N/A
Square Feet
1965
Year Built
0.89 acres
Lot Size
N/A
Price/Sq Ft
16
Garage Spaces
N/A
HOA
Apartment
Property Type
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.
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17710 Van Buren Lane 16
Contact Jonathan Mitchell
EmailContact Listing Agent
Kidder Mathews of California, Inc
DRE #01227852