Pending

125 16th Street

Huntington Beach CA, 92648

$8,990,000


$568.66 per sqft

Pending

15,809 sqft

Multi-family

Built in 1971

Listed by Scot Campbell with Coldwell Banker-Campbell Rltrs 714-960-6384

Beachwood Apartments is a rare offering being the largest building presently available in Huntington Beach and the closest to the sand. It is located in the 100 block of Downtown Huntington Beach (built on 6 legal lots) and is less than 200 feet from Pacific Coast Highway. This is an owner-user area with the majority of nearby dwellings being condominiums from $1,000,000 to $1,750,000 and SFRs in the $2,000,000 to $6,000,000 range. High income tenants are naturally drawn to this building by nearby attractions including: The soft sands & ridable waves of Surf City, blufftop park/bike path, Beach Playground, Pier, Main Street Village, restaurants, shopping, entertainment, and numerous events (4th of July parade & fireworks, US Open of Surfing, Pacific Airshow, & more). This is the first time the property has been offered for sale in 40 years and is arguably the best investment opportunity for upside rental potential in coastal Orange County. The mix of units includes (two) 3 BR - 2BA units, (three) 2BR - 2BA units, (eleven) 2BR - 1BA units, and (two) 1BR - 1BA units... several units have partial ocean views. 24 Garage Spaces. Built in 1971, and individually metered for gas & electric. The building is only 8 blocks from award winning Elementary & Middle Schools - 12 blocks from Huntington Beach High School (which offers the Academy of Performing Arts and Nationally Ranked athletics programs).

OC24046070

MLS ID

March 8, 2024

Listed

May 25, 2024

Updated

Map

125 16th Street
Huntington Beach CA, 92648

Interior Features

Total Stories

2


Laundry Description

Common Area


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Wall Furnace

Exterior/Building Features

Lot Size

0.4 Acres


Lot Features

Corner Lot, Rectangular Lot, Sprinkler System


Architectual Style

Traditional


Roof

Flat


Sewer

Public Sewer, Sewer Tap Paid

Other Property Details

Area Name

15 - West Huntington Beach


Days on Market

17


Garage

Yes


Garage Spaces

24


Parking

Door-Single, Garage


Parking Total

24


View

Yes


View Description

Ocean


County

Orange


Water Source

Public


Pool

No


Pool Features

None


Buyer Agency Compensation

2%

Listing History

Date

Event

Price

4/26/2024

Pending

3/26/2024

Under Contract

Listing Contact: 714-960-6384 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 5/25/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 5/25/2024 at 2:33 AM UTC

 

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