Sold
Closed
125 16th Street
Huntington Beach CA, 92648
$8,650,000
$547.16 per sqft
Sold
Closed
15,809 sqft
Multi-family
Built in 1971
Listed by Scot Campbell with Coldwell Banker-Campbell Rltrs 714-336-0394
Beachwood Apartments is a rare offering being the largest building presently available in Huntington Beach and the closest to the sand. It is located in the 100 block of Downtown Huntington Beach (built on 6 legal lots) and is less than 200 feet from Pacific Coast Highway. This is an owner-user area with the majority of nearby dwellings being condominiums from $1,000,000 to $1,750,000 and SFRs in the $2,000,000 to $6,000,000 range. High income tenants are naturally drawn to this building by nearby attractions including: The soft sands & ridable waves of Surf City, blufftop park/bike path, Beach Playground, Pier, Main Street Village, restaurants, shopping, entertainment, and numerous events (4th of July parade & fireworks, US Open of Surfing, Pacific Airshow, & more). This is the first time the property has been offered for sale in 40 years and is arguably the best investment opportunity for upside rental potential in coastal Orange County. The mix of units includes (two) 3 BR - 2BA units, (three) 2BR - 2BA units, (eleven) 2BR - 1BA units, and (two) 1BR - 1BA units... several units have partial ocean views. 24 Garage Spaces. Built in 1971, and individually metered for gas & electric. The building is only 8 blocks from award winning Elementary & Middle Schools - 12 blocks from Huntington Beach High School (which offers the Academy of Performing Arts and Nationally Ranked athletics programs).
OC24046070
MLSⓇ ID
March 8, 2024
Listed
August 30, 2024
Updated
Map
125 16th Street
Huntington Beach CA, 92648
Interior Features
Total Stories
2
Laundry Description
Common Area
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Wall Furnace
Exterior/Building Features
Lot Size
0.4 Acres
Lot Features
Corner Lot, Rectangular Lot, Sprinkler System
Architectual Style
Traditional
Roof
Flat
Sewer
Public Sewer, Sewer Tap Paid
Other Property Details
Area Name
15 - West Huntington Beach
Days on Market
17
Garage
Yes
Garage Spaces
24
Parking
Door-Single, Garage
Parking Total
24
View
Yes
View Description
Ocean
County
Orange
Water Source
Public
Pool
No
Pool Features
None
Listing History
Date | Event | Price |
---|---|---|
5/30/2024 | Sold | $8,650,000 |
4/26/2024 | Pending | — |
3/26/2024 | Under contract | — |
Listing Contact: 714-960-6384
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Data last updated on 8/30/2024 at 7:51 PM UTC