16102 Malaga Lane, Huntington Beach, CA, 92647

16102 Malaga Lane, Huntington Beach, CA, 92647 < >
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for sale
$2,299,000
Lot Size:0.21 Acres
Year Built:1969
Status:Active
MLS #:OC17182003
Date Updated:
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Price reduction. First ever on market. Seller will consider carrying a first TD & note; call listing Broker for terms and conditions. The original owner has been an active manager for 46 years and has re-roofed the building (3) times, the building was fumigated approximately three years ago and the exterior was repainted ~two years ago with all dry rotted wood repaired or replaced. There is significant attainable rental upside with current rents approximately 11% under market. In an adjacent building the front 3bedroom + den unit which is 1900 sq. ft. is currently rented @$2900. Street rents for the one-bedroom units are up to $1650, and neighborhood two bedroom rents are $2,000+. The property features (1) very large 3-bedroom 2.5bath + paneled convertible den - which has always been used and configured as a 4th bedroom with walk in closet. It has a fireplace, washer dryer hook ups and attached garage. The balance of the building floor plans are ideal with (4) 2bedroom units up to 1150 sq. ft. and (1) large one bedroom unit of almost 800 sq. ft. There are seven enclosed garages plus two covered spaces. Each unit features wall/window. There is a community laundry room as well. The
Interior Details
Fireplace Features: Living RoomInterior Features: Balcony
Levels: TwoStories Total: 2

Exterior Details
Architectural Style: Mediterranean, SpanishGarage Spaces: 7.00
Lot Features: Lot 6500-9999Lot Size Acres: 0.2100
Number Of Buildings: 1Number Of Units Total: 6
Parking Total: 9.00Pool Features: None
Roof: Flat, MansardSpa Features: None
View: None

Community Information
County Or Parish: OrangeDirections: Beach Blvd & Edinger
MLS Area Major: 16 - Fountain Valley / Northeast HBParcel Number: 10777106
Subdivision Name: Other (OTHR)

Property Information From MLS Data
Year Built: 1969

Utilities
Cooling: Wall WindowHeating: Radiant
Utilities: Sewer Connected, Water ConnectedWater Source: Public

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Walk Score® for 16102 Malaga Lane
Schools near 16102 Malaga Lane
Listing courtesy of Steven Brombal, Kidder Mathews of California

Information obtained from CACRMLS is current as of 10/21/2017 7:57 PM. Information provided by seller/other sources, not verified by broker. All interested persons should independently verify accuracy of all information. Information deemed reliable but not guaranteed. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.