Presented By: Anne Pappas-Hipp with Pappas & Hipp Realtors; 714-931-7904
MLS# OC22259532
12/28/2022
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Beds • 12
Full/Half Baths • 9 / 1
SQFT • 7,068
Garage • 8
Home Details
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!
Presented By: Anne Pappas-Hipp with Pappas & Hipp Realtors; 714-931-7904
Interior Features for 16172 Malaga Lane
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsItem2CommonWalls
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea, LaundryRoom
Street SuffixLane
Total Stories2
Other Rooms
Entry Level1
General for 16172 Malaga Lane
Additional Parcels Y/NNo
AppliancesDryer, Washer
Attached Garage No
Building Area UnitsSquareFeet
Carport Spaces1.0
Carport Y/NYes
CityHuntington Beach
Community FeaturesCurbs, Sidewalks, Urban
CountyOrange
Days on Market331
DirectionsSouth on Beach Boulevard, East on Stark, to Malaga Lane, Huntington beach
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Beds • 12
Full/Half Baths • 9 / 1
SQFT • 7,068
Garage • 8
