Huntington Beach, CA 92648 125 16th Street
$14,200,000
5 more
Presented By: Michael O'Neill II with CB Richard Ellis, Inc.;
Baths • 1
SQFT • 16,839
Garage • 19
Home Details
Located in the 100 block of Huntington Beach, Ocean Breeze Terrace is a multifamily investment opportunity consisting of 20 units. Ownership has spent approx. $1,850,000 in capital improvements including electrical upgrades, plumbing upgrades, new windows, roof maintenance and updating all 18 units. The attractive unit mix includes studio, one-, two- & three-bedroom floorplans.
Presented By: Michael O'Neill II with CB Richard Ellis, Inc.;
Interior Features for 125 16th Street
Bedrooms
Total Bedrooms
Bathrooms
1/4 Baths0
3/4 Baths0
Half Baths
Total Baths25
Other Interior Features
LivingAreaSourceAssessor
Air Conditioning Y/NNo
Heating Y/NNo
Total Stories2
General for 125 16th Street
Cap Rate4.01
CityHuntington Beach
CoolingNone
CountyOrange
DirectionsFrom CA-55 S/Costa Mesa Fw, Take exit 14 for Brookhurst St, Turn right onto Talbert Ave, Turn left onto Bushard St, Turn right onto Ellis Ave, Continue on Main St, Turn right onto 17th St, Turn left onto Walnut Ave, Turn right onto 16th St, Property will be on the right
Full Baths
Garage Spaces19
Garage Y/NYes
Gross Income876564
HOANo
HeatingNone
LevelsTwo
Living Area16839
Lot Size Square Feet17625
Lot Size UnitsSquare Feet
MLS Area15 - West Huntington Beach
Net Operating Income568833
New ConstructionNo
Number Of Units Total20
PostalCityHUNTINGTON BEACH
Property TypeResidential Income
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count2
Year Built1971
Exterior for 125 16th Street
Building Area Total16839
Lot Dimensions150x117
Lot Size Acres0.4046
Lot Size Area17625
Lot Size SourceAssessor
Number of Buildings1
Parking FeaturesNone
Total Parking19
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Josh Russell
Realtor®