16172 Malaga Lane
Huntington Beach, CA 92647

  • – beds
  • – baths
  • – sqft
  • 9,148 sqft lot
  • 1967 build
  • on site

Available for the first time in over 25+years, Malaga offers a rare opportunity to purchase six pride of ownership units in a very tight Huntington Beach submarket. Historically, the property has operated at less than 2% annual vacany due to below market rents. Currently there is approximately 19.8%+ Upside in rents! Situated on the West (ocean side) of the San Diego (405) Freeway, tenants have convenient access to Beach Boulevard (Hwy 39), local beaches, employment opportunities, and education. Other desirable are amenities include an abundance of commercial and retail options catering to students and young professionals including Target and the Bella Terra Mall; all within walking distance of Malaga apartments. Good unit mix and always rented: units are 1-3 bedrooms, 2.25 bath; 2-2 bedroom 2 bath; 2-2 bedroom 1 bath units; and one 1 bedroom 1 bath!

California Regional MLS logo Listed By CRMLS_CA / Anne Pappas-Hipp / Pappas & Hipp Realtors / 714-931-7904

Last checked: Checking… • Last updated Nov 24, 2023 •

MLS# OC22259532 —

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Sale history

Date Event Source Price % Change
12/28/22
Listed / Active CRMLS_CA $3,000,000

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Multifamily For Sale

$3,000,000

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Listing provided by broker:

Anne Pappas-Hipp

Pappas & Hipp Realtors

714-931-7904

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This multifamily located in Huntington Beach, CA 92647 is currently for sale for $3,000,000. 16172 Malaga Lane is a – square foot multifamily with – beds and – baths that has been on Estately for 492 days. This multifamily is in the attendance area of Westmont Elementary School, Vista View Middle School, and Ocean View High School.

California Regional MLS logo Listing Courtesy of: CRMLS_CA and Pappas & Hipp Realtors. Based on information from California Regional Multiple Listing Service, Inc. as of 22:34 on May 03.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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