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Listed by Brandon Mungai, DRE #01885093 • The Brand Haus Inc.
$ 2,925,000
Est. payment /mo
Price Dropped by $25K
16941 Hoskins Huntington Beach, CA 92649
8,276 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CROC26128187
Year Built 1973
Lot Size 8,276 Sqft
Source California Regional MLS
Property Description
Prime Huntington Beach 5-Unit Investment Opportunity. Exceptional, low-maintenance five-unit asset located in a highly desirable Huntington Beach neighborhood, offering strong value-add potential with extensive recent capital expenditures. The property features four identical two-bedroom, two-bathroom units with mirrored floor plans, including a unique ground-level unit (Unit 2) boasting a private wrap-around patio. These four units utilize a shared community laundry room. Units 1 and 2 have just been turned over with fresh paint, new carpet, and new shower doors, and are successfully stabilized on new one-year leases. Immediate upside is available as Unit 4 is vacating at the end of June, providing an ideal opportunity to renovate and capture market rent. The fifth unit (Unit 3) is a premium owner's suite consisting of a one-bedroom layout with a private staircase/entrance, in-closet laundry, a half-bath, a full bath, and an additional standalone shower. The asset includes a total of nine assigned parking spaces, configured as six covered carports and three open spaces, with one carport dedicated to Unit 3 and the other Units are all assigned with two parkings spaces. Investors will benefit from minimal near-term CapEx due to significant recent infrastructure upgrades. Recent IM
Location
State CA
County Orange
Area 17 - Northwest Huntington Beach
Rooms
Kitchen Dishwasher, Microwave, Oven Range - Electric, Refrigerator
Interior
Heating Central Forced Air, Fireplace
Cooling None
Flooring Laminate
Laundry In Closet, Laundry Area, Washer/Dryer - Leased
Exterior
Parking Features Assigned Spaces, Carport
Garage Spaces 9.0
Pool None
Roof Type Flat / Low Pitch
Building
Sewer Sewer Available
Water District - Public
Others
Tax ID 17826113
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