125 16th Street, Huntington Beach, California 92648
  • $8,990,000

Overview

Property ID: OC24046070
  • Mixed Use, Residential Income
  • Property Type
  • 24.0
  • Garages
  • 15809 Sqft
  • Area Size
  • 1971
  • Year Built

Description

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).

  • Address: 125 16th Street
  • City: Huntington Beach
  • State/county: CA
  • Zip/Postal Code: 92648
  • Area: Downtown Area (DOWN)
  • Country: US

Details

Updated on May 31, 2024 at 5:00 pm
  • Property ID OC24046070
  • Price $8,990,000
  • Property Size 15809 Sqft
  • Land Area 0.4 Acres
  • Garages 24.0
  • Year Built 1971
  • Property Type Mixed Use, Residential Income
  • Property Status Closed

Additional details

  • Listing Terms Cash, Cash to New Loan
  • Roof Flat
  • Utilities Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Sewer Public Sewer, Sewer Tap Paid
  • Cooling None
  • Heating Wall Furnace
  • County Orange
  • Property Type Residential Income
  • Pool None
  • Parking Door-Single, Garage
  • Community Features Biking, Curbs, Fishing, Storm Drain(s), Street Lights, Sidewalks, Water Sports
  • Architectural Style Traditional

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