16172 Malaga Lane, Huntington Beach

Huntington Beach Home For Sale

Available for the first time in over 25+years, Malaga offers a rare opportunity to purchase six pride of ownership units in a very tight Huntington Beach submarket. Historically, the property has operated at less than 2% annual vacany due to below market rents. Currently there is approximately 19.8%+ Upside in rents! Situated on the West (ocean side) of the San Diego (405) Freeway, tenants have convenient access to Beach Boulevard (Hwy 39), local beaches, employment opportunities, and education. Other desirable are amenities include an abundance of commercial and retail options catering to students and young professionals including Target and the Bella Terra Mall; all within walking distance of Malaga apartments. Good unit mix and always rented: units are 1-3 bedrooms, 2.25 bath; 2-2 bedroom 2 bath; 2-2 bedroom 1 bath units; and one 1 bedroom 1 bath!

Property Details

16172 Malaga LaneLot Size: 0.21Price: $3,000,000Zip: 92647
MLS® #: OC22259532Neighborhood: Other (OTHR)Levels: TwoGarages: 8School District: Days on Market: 89Listed By: Anne Pappas-hipp, Pappas & Hipp Realtors

Sales Agent

Beach Cities Real Estate
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Additional Information

  • City:
    Huntington Beach
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  • Neighborhood:
    Other (OTHR)
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Based on information from California Regional Multiple Listing Service, Inc. as of March 27th, 2023 at 2:01pm PDT. 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.