16911 Newland Street
Huntington Beach, CA 92647
- 8 beds
- 4 baths
- 3,600 sqft
- 8,276 sqft lot
- $293 per sqft
- 1964 build
- – on site
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If owning income property is your dream, but you don’t know where to begin, here is the perfect opportunity to start investing. Located in desirable Huntington Beach, less than 5 miles from Huntington Beach Pier. Each apartment unit offers 900 SQFT of single story living space, each with two bedrooms and one bath. The open concept units are light and bright, offering private outdoor patio space, personal washer/dryers, individual storage space, and a garage. Each space is clean, has its own gas/electric meters, and copper plumbing. This complex is conveniently located and within walking distance to nearby shops, restaurants and great schools in both HB and Fountain Valley. This property is ideal as an exchange for a rental home, or an additional piece to an investor's portfolio. This income property offers excellent ROI with in place rents of $1,350 and room for increased cash flow showing average monthly rental rates in the area ranging from $1,500 to $1,700 for comparable two bedroom -one bathroom units.
Listed By CRMLS_CA / Sean Stanfield / HOM Sotheby's International
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Last updated Apr 29, 2024
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MLS# OC17015371 —
Walk Score®
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Soundscore™
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Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
3/27/17
Mar 27, 2017
|
Sold | CRMLS_CA | $1,057,000 | -8.1% |
3/27/17
Mar 27, 2017
|
CRMLS_CA | $1,057,000 | ||
2/28/17
Feb 28, 2017
|
Sold Subject To Contingencies | CRMLS_CA | $1,150,000 |