125 16th St - Apartments FOR SALE


Huntington Beach, CA 92648- Downtown Huntington Beach
$14,200,000 USD
951-756-0448
125 16th St, Huntington Beach, CA for Sale
$14,200,000 USD
Apartments - FOR SALE
1/10
null | 4.21% Cap Rate

125 16th St
Huntington Beach, CA 92648
Downtown Huntington Beach


HIGHLIGHTS

  • Located in the 100 Block of Downtown Huntington Beach
  • Approx. $1,850,000 in Recent Capital Improvements
  • Currently, the Largest Apartment Listing in Huntington Beach
  • One-, Two-, & Three-Bedroom Floorplans
  • In-Suite Laundry, Ocean Views (Select Units), Private Patios & Balconies (Select Units)

OVERVIEW

Located in the 100 block of Huntington Beach, Ocean Breeze Terrace is a multifamily investment opportunity consisting of 20 units. Ownership has spent approx. $1,850,000 in capital improvements including electrical upgrades, plumbing upgrades, new windows, roof maintenance and updating all 18 units. The attractive unit mix includes studio, one-, two- & three-bedroom floorplans.

FOR SALE DETAILS

PRICE

$14,200,000 USD

PRICE/SF

$898 USD /SF

# OF UNITS

20

PRICE/UNIT

$710,000

CAP RATE

4.21%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Ocean Breeze Terrace

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1971

PARKING SPACES

19

LAND DETAILS

LAND ACRES

0.4 AC

LAND SF

17,625 SF

ZONING

-

APN/PARCEL ID

023-167-03

ASK ABOUT THIS PROPERTY

951-756-0448

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951-756-0448

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