16861 Green Lane, Huntington Beach, CA 92649
- $2,850,000
- Sold Price
- $2,850,000
- List Price
- $3,000,000
- Closing Date
- Jul 31, 2025
- Status
- CLOSED
- MLS#
- OC25058702
- Year Built
- 1973
- Lot Size
- 8,276
- Acres
- 0.19
- Lot Location
- Landscaped
- Days on Market
- 131
- Property Type
- Multifamily
- Property Sub Type
- Apartment
- Stories
- Two Levels
- Neighborhood
- Huntington Harbor
Property Description
Pleased to present Harbor Terrace - a 6-unit value-add investment opportunity with significant projected rental upside in Huntington Beach, California. Market rents have been proven at the property with recent rent increases and new lease originations. The property features a large, recently renovated three-bedroom, two-bath owner’s unit with a direct access garage and washer/dryer hook-ups. There may be potential to add an additional dwelling unit (ADU) to the property. Harbor Terrace is located just outside of Huntington Harbor, which is the most sought-after location in Huntington Beach. The residents of Harbor Terrace enjoy access to world-class beaches, entertainment venues and top employment centers in Southern California.
/u.realgeeks.media/ericengelbert/Realtor-Orange-County.png)
Additional Information
- Pool Description
- None
- Fireplace Description
- Living Room
- Garage Spaces Total
- 6
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 6
- Gross Scheduled Income
- $170,640
- Operating Expense
- 55883
Listing courtesy of Listing Agent: Peter Hauser (phauser@northmarq.com) from Listing Office: NorthMarq Realty Services, Inc.
Listing sold by Peter Hauser from NorthMarq Realty Services, Inc
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.