We are pleased to offer the opportunity to acquire 16542 Sabot lane, a four-unit Covington-style apartment building in the desirable Goldenwest neighborhood of Huntington Beach, CA. Built in 1968, this well-maintained property offers 4,350 rentable SF on a 7,405 SF lot featuring an excellent unit mix of one (1) three-bedroom… Read More owner's unit and three (3) two-bedroom units with on-site parking including two (2) double-car garages and surface parking spaces. Each unit features spacious layouts with private patios or balconies, abundant natural light, and wall heaters, providing a comfortable and appealing living experience for tenants. The property is individually metered for gas and electricity, includes water heaters in each unit. Read Less
Property listed by Pappas & Hipp Realtors, Anne Pappas-Hipp 714-931-7904
Listing Snapshot
Days Online
24
Last Updated
Property Type
Quadruplex
Lot Size
0.17 Acres
Year Built
1968
MLS Number
OC25141535
30 Days Snapshot Of 92647
$1.23M
-1%
(avg) sold price
31
+93%
homes sold
74
+32%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1968, Building area total: 4,350, Levels: Two, MultiSplit, 2 stories, 1 building, Common walls: NoCommonWalls
Community
Sidewalks
Expenses
Electric expense: $8,000, Fuel expense: $2,000, Insurance expense: $3,500, Operating expense: $34,700, Trash expense: $7,000, Water sewer expense: $8,000
Garage
4 spaces
Income
Gross income: $85,200, Net operating income: $47,600
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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