Back to Search
16972 Lynn Ln
For Sale $3,295,000
$3,295,000
- 7 Units
- Unknown Sq Ft
- 8,276 Sq Ft
- Unknown Cap Rate
Description
16972 Lynn Lane is located in beautiful Huntington Beach, CA. Built in 1976, this garden style two story walkup is well-located in a 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 one 2 bed / 1 bath, five 1 bed / 1 bath units and a studio apartment. 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 ample parking, including six secure single car garages, six assigned on-site spaces, and additional open street parking. 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.
Loading map...
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
Property Details
| List Price | $3,295,000 |
| Property Type | Flex Space |
| Usable Sqft | Unknown |
| Number of Stories | 2 stories |
| Parking Spots | 6 spots |
| Year Built | 1976 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 17826108 |
| MLS # | OC25027123 |
| Property ID | 321255506 |
| Lot Sqft | 8,276 |
| Zoning | Unknown |
| Total Units | 7 |
| Days on Market | 19 |
| Original List Price | $3,295,000 |
| Applicances | Disposal,Gas Oven,Gas Range,Gas Water Heater% |
| Date Updated | February 07, 2025 |
| Date Created | January 31, 2025 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | $187,908 | $0 |
| Net Income (Yr) | $ 130,491 |
| Cap Rate | 4% |
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 February 07, 2025 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.
Robert Crawford
REAL ESTATE AGENT