16562 Goldenwest Street
$1,900,000
9
7
4,442
4,442
$428
Description
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...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 Kamfar Kyle Mirrafati • DRE #01911204 • Brokerage DRE #01469842 • Matthews Real Estate Investment Services
Property Details for 16562 Goldenwest Street
Parcel Number
14241115
Total Units4.0
Living Area4442
Source Living AreaAssessor
AreaNorthwest Huntington Beach (17)
Vacancy Rate0
Lot Size Area7405
Source Lot Size AreaAssessor
LISTING UPDATED: 11/21/2024 08:47 AM
Property Details for 16562 Goldenwest Street
Status | Active |
---|---|
MLS # | 24-464845 |
Days on Market | 6 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1969 |
Lot Size | 0.17 AC / 7,405 SF |
County | Orange County |
Building Information for 16562 Goldenwest Street
Stories2Residences-Year Built1969Building Size-Lot Size0.17 AC / 7,405 SF
Property Information for 16562 Goldenwest Street
Property History for 16562 Goldenwest Street
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 16562 Goldenwest Street
Taxable ValueLand$1,542,069Additions$186,984Total$1,729,053
Tax Record2024$20,010 ($1,667 / month)
Home Facts
Total Finished SqFt4,443 SqFtAbove Grade Finished SqFt4,443 SqFtStories2Lot Size7,538 SqFtStyleQuadraplexYear Built1969CountyORANGEAPN142-411-15
Schools near 16562 Goldenwest Street
This home is within Ocean View School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
College View Elementary School PublicK to 5 | ||
Spring View Middle School Public6 to 8 | ||
Ocean View High School Public9 to 12 | ||
Valley Vista High (Continuation) School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.