Situated in a highly coveted coastal location, 16681 Sims Lane offers a rare chance to own a fourplex in a desirable area of Huntington Beach just moments from the iconic Huntington Harbour and a mile from the beach. This income-generating property features four well-maintained 2-bedroom, 2-bath units, one of which… Read More includes an additional half bathroom. All tenants are on month-to-month leases, and estimated market rent for the units is $11,600 per month, or $139,200 per year. The property provides ample parking, including four individual 1-car garages and additional spaces in the back. Each unit is move-in ready, making this a turnkey investment in an unbeatable coastal location. Whether expanding your portfolio or entering the rental market, this fourplex is an exceptional opportunity in Huntington Beach. Read Less
Property listed by Compass, Jody Clegg 714-515-7052
Listing Snapshot
Days Online
44
Last Updated
Property Type
Quadruplex
Lot Size
0.19 Acres
Year Built
1973
MLS Number
OC25061943
30 Days Snapshot Of 92649
$1,636k
+16%
(avg) sold price
22
-21%
homes sold
61
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Sewer
PublicSewer
Property Access
Road surface type: Paved
Building
Built in 1973, Building area total: 4,377, Levels: Two, 2 stories, 1 building, Architectural style: , Attached, Common walls: TwoCommonWallsOrMore
Community
StreetLights, Sidewalks
Expenses
Electric expense: $900, Gardener expense: $1,200, Insurance expense: $3,600, New taxes expense: $25,130, Operating expense: $41,830, Trash expense: $2,400, Water sewer expense: $3,600, Other expense: $5,000
Fence
StuccoWall
Floors
Carpet, Laminate
Garage
4 spaces
Heating
Central
Income
Net operating income: $97,370
Laundry
CommonArea
Lot
0.19 acres, 8,276 square feet, Size: 8,276
Parking
8 open parking spaces, 12 totals parking, Garage, OnSite, OneSpace
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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