Huntington Beach, CA 92649 16702 Blanton
$2,390,000



1 more

Presented By: Craig Wallace with Think Boutiq Real Estate; 562-673-1138
Home Details
Rare pride-of-ownership fourplex located in one of Huntington Beach's most desirable coastal neighborhoods. This well-maintained investment property features an outstanding unit mix that is increasingly difficult to find: two spacious 3-bedroom, 2 bath townhome-style units, one 2-bedroom, 2-bath unit, and one 1-bedroom, 1-bath unit situated on a generous 8,280 square foot lot with six private enclosed garages.
******PLEASE SEE T12 IN SUPPLEMENTS FOR MORE ACCURTATE FINANCIALS*******
**Also available in conjunction with the adjacent fourplex at 16692 Blanton Lane, creating a rare opportunity to acquire two side-by-side multifamily properties totaling eight units. The seller may consider a purchase incentive for a buyer acquiring both properties simultaneously, making this an exceptional portfolio expansion or 1031 exchange opportunity.**
The townhome-style floor plans offer generous living space that has attracted long-term tenants and historically low turnover. Multiple scheduled rent increases are already in place.
Ideally positioned just minutes from Bolsa Chica Ecological Reserve, Huntington Harbour, Huntington State Beach, and the shopping and dining along Warner Avenue and Bolsa Chica Road, this property offers investors the opportunity to own in one of Orange County's most sought-after coastal rental markets, where long-term demand continues to outpace new multifamily development.
An excellent opportunity for a 1031 exchange buyer, long-term investor, or owner-occupant seeking a spacious townhome-style residence while generating income from the remaining units.
Please do not disturb tenants. Inspections subject to an accepted offer.
Presented By: Craig Wallace with Think Boutiq Real Estate; 562-673-1138
Interior Features for 16702 Blanton
Other Interior Features
Common Walls2+ Common Walls
Fireplace FeaturesNone
Fireplace Y/NNo
Laundry FeaturesNone
Total Stories2
Other Rooms
Entry Level1
General for 16702 Blanton
Additional Parcels Y/NNo
Building Area UnitsSquare Feet
CityHuntington Beach
Community FeaturesSidewalks
CountyOrange
DirectionsWarner ave and Bolsa
Entry Location1
Fuel Expense
Garage Spaces6
Garage Y/NYes
Gross Income98730
Insurance Expense
Land Lease Y/NNo
LevelsTwo
Listing TermsCash, Conventional, 1031 Exchange
Lot Size Square Feet8276
Lot Size UnitsSquare Feet
MLS Area17 - Northwest Huntington Beach
Net Operating Income57374
New ConstructionNo
Number Of Units Total4
Operating Expense41355
Pool FeaturesNone
PostalCityHUNTINGTON BEACH
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidential Income
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count2
Subdivision NameHarbor Heights Villas (HHVA)
Tax Lot5
Trash Expense0
Water Sewer Expense0
Year Built1975
Year Built SourcePublic Records
Exterior for 16702 Blanton
Building Area Total4155
Lot Features2-5 Units/Acre
Lot Size Acres0.19
Lot Size Area8276
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters4
Number of Separate Gas Meters1
Number of Separate Water Meters1
Private PoolNo
Total Parking6
Water SourcePublic
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®

SQFT • 4,155