16972 Lynn Ln, Huntington Beach, CA 92649 | For Sale

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For Sale $3,295,000

$3,295,000
  • (0)
  • Unknown Bedrooms
  • Unknown Bathrooms
  • Unknown Sq Ft
  • 8,276 Sq Ft

Description

Built in 1976, this garden style two story walkup is well-located in the highly desirable coastal location of Huntington Harbor. The asset has great curb appeal with nice landscaping, including well-maintained trees and other greenery. The property has an excellent unit mix of 1 - 2 bed / 1 bath, 5 - 1 bed / 1 bath units and 1 - Studio unit built and final permitted in 2024. All units have all been renovated with new hardwood floors, new kitchen cabinets, new bathroom tile flooring, and new interior paint.



Additional building upgrades include a new roof installed in February 2020, and new windows and exterior paint. The property has private patios and balconies, great parking including six secure single car garages and six assigned on-site spaces for a total of 12 spaces. The tenants enjoy a clean, on-site community laundry room, and each unit is separately metered for gas and electric.



A key driver in the desirability of this asset is its prime Huntington Beach coastal location, just a mile away from the beach. Within 0.25 miles of the asset includes a Trader Joe’s, Bank of America, Chase Bank, and the Huntington Harbor Medical Center. The property is also conveniently located a mile from Huntington Harbor, Bolsa Chica State Beach, Sunset Beach, and Pacific Coast Highway.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


The income description goes here to explain

Expenses

Property Details

List Price $3,295,000
Property Type Condo/Co-Op
Usable Sqft Unknown
Number of Stories 2 stories
Parking Spots 6 spots
Year Built 1976
Last Sold Unknown
Sold Price Unknown
APN # 17826108
MLS # OC24218296
Property ID 320983590
Lot Sqft 8,276
Zoning Unknown
Total Units 7
Days on Market 81
Original List Price $3,295,000
Applicances Disposal,Gas Oven,Gas Range,Refrigerator,Water Heater%
Date Updated November 14, 2024
Date Created October 23, 2024
Unit # Beds Baths Current Rent Proforma Rent
Unit #1 $15,659 $0
Net Income (Yr) $ 130,491
Cap Rate 4%
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Listing Provided By

Mark Bridge an agent of . Lic #01316702


© 2025 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of November 14, 2024 The information being 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.



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