16861 Green ln, Huntington Beach, CA 92649
Active
$3,000,000
6 Units
4 Beds
3 Baths
4,606 Area(sq.ft.)
Lot: 8,276 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 5 | 1 | 1 | No | $ 2,094 | $ 125,640 | $ 2,500 |
| Unit 2 | 1 | 3 | 2 | No | $ 3,750 | $ 45,000 | $ 3,950 |
| 6 | 8 | 7 | $ 14,220 | $ 673,200 | $ 16,450 |
| MLS #: | OC25058702MR |
| Days On Market: | 263 |
| Listing Date: | March 18, 2025 |
| County: | Orange County |
| Property Type: | Residential Income |
| Price per ft2: | $ 651 |
| Price per unit: | $ 500,000 |
| Year Built: | 1973 |
Property Details
Pleased to present Harbor Terrace - a 6-unit value-add investment opportunity with significant projected rental upside in Huntington Beach, California. Market rents have been proven at the property with recent rent increases and new lease originations. The property features a large, recently renovated three-bedroom, two-bath owner s unit with a direct access garage and washer/dryer hook-ups. There may be potential to add an additional dwelling unit (ADU) to the property. Harbor Terrace is located just outside of Huntington Harbor, which is the most sought-after location in Huntington Beach. The residents of Harbor Terrace enjoy access to world-class beaches, entertainment venues and top employment centers in Southern California.Interested in this Listing?
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Income Details
| Rent Control: | False |
| Total Annual Expense: | $ 55,883 |
| Net Operating Income: | $ 110,388 |
Structure
| Community Features: | Biking, Fishing, Golf, Hiking, Watersports |
| Sewer: | Public Sewer |
| Water: | Public |
Land & Parking
| Land Lease Type: | Fee |
Interior
| Fireplace Rooms: | Living Room |
| Laundry: | Community, Gas Dryer Hookup, Washer Hookup |
Exterior
| Pool: | No |
Detailed Map
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Income
