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16562 Goldenwest Street

Huntington Beach, CA 92647

– beds
– baths
– sqft
7,405 sqft lot
1969 build
– on site

We are pleased to offer the opportunity to acquire 16562 Goldenwest Street, a four-unit Covington-style value add apartment building in the desirable Goldenwest neighborhood of Huntington Beach, CA. Built in 1969, this well-maintained property offers 4,442 rentable SF on a 7,405 SF lot featuring an excellent unit mix of one (1) three-bedroom "owner's unit" and three (3) two-bedroom units with ample on-site parking including two (2) double-car garages and three (3) surface parking spaces. Each unit features spacious layouts with private patios or balconies, abundant natural light, and wall heaters, providing a comfortable and appealing living experience for tenants. The property is individually metered for gas and electricity, includes brand new water heaters in each unit, and tenants are responsible for their own trash, reducing landlord operating expenses. Additionally, an on-site laundry room offers potential for added revenue, currently not operational and with no lease on the equipment. With this rare buying opportunity, an investor will have the opportunity to capture over 45% rental upside by renovating units and taking advantage of the fundamentals fueling the rental neighborhood of the Huntington Beach community for decades to come.

Listed By CRMLS_CA / Kamfar Kyle Mirrafati / Matthews Real Estate Investment Services

Last checked: Checking… • Last updated Nov 21, 2024 •

MLS# 24464845 —

This property is listed in more than one place. See it here.

The Building

Year Built:

1969
New Construction:

No
Building Area Total:

4442.00
# of Buildings:

1
Total Number Of Units:

4
Stories Total:

2

Interior

Levels:

Two

Location

Directions:

See Google Maps
Latitude:

33.72189500
Longitude:

-118.00632200

The Property

Property Type:

Residential Income
Lot Size Area:

7405.0000
Lot Size Dimensions:

65x115
Lot Size Acres:

0.1700
Lot Size SqFt:

7405.00
Lot Size Source:

Assessor

Listing Agent

Contact info:

The Listing

Special Listing Conditions:

Standard
Parcel Number:

14241115

Heating & Cooling

Heating:

1
Heating:

Wall Furnace
Cooling:

No
Cooling:

None

Appliances

Included:

Yes

The Community

Senior Community:

No
Association:

No
Assessments:

No

Parking

Parking:

Yes
Parking:

Garage - Two Door, Assigned
Parking Spaces:

7.00
Garage Spaces:

4.00
Uncovered Spaces:

3.00

Explore the Area

My Commute

From

Sale history

Date	Event	Source	Price	% Change
11/21/24 Nov 21, 2024	Listed / Active	CRMLS_CA	$1,900,000	22.6% (3.3% / YR)
2/8/18 Feb 8, 2018	Sold	Public Record	$1,550,000

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This multifamily located in Goldenwest, Huntington Beach, CA 92647 is currently for sale for $1,900,000. 16562 Goldenwest Street is a – square foot multifamily with – beds and – baths that has been on Estately for 0 days. 16562 Goldenwest Street is in the Goldenwest neighborhood of Huntington Beach. This multifamily is in the attendance area of College View Elementary School.

Listing Courtesy of: CRMLS_CA and Matthews Real Estate Investment Services. Based on information from California Regional Multiple Listing Service, Inc. as of 13:36 on Nov 21.

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, 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.