16172 Malaga Huntington Beach, CA 92647, Huntington Beach , 92647
Listing ID: OC22259532
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$3,000,000
Price
12
Beds
11
Baths
7068
Sq. Ft.
Built: 1967
Parking: 8 Spot
Listed: 1 year ago
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Property Description

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!

Condo located at 16172 Malaga Huntington Beach, CA 92647. It has 12 beds, 11 bathrooms, and is 7068 square feet. The property was built in 1967. 16172 Malaga Huntington Beach, CA 92647 is in the Huntington Beach neighborhood.
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Listed by: Pappas & Hipp Realtors

Mortgage Estimation Calculate Your Own

20% down payment
$10,511
per month
35% down payment
$8,540
per month
50% down payment
$6,569
per month

Estimated mortgage based on 2.7% on a 30 year amortization based on some lenders

roomvu is not liable for data estimates generated by computer modeling, which may not reflect exact market values

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AP
Anne Pappas-Hipp
(714) 931-7904

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Anne Pappas-Hipp
(714) 931-7904
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$3,703.37
Monthly
$878,400
Total Mortgage
$219,600
Down Payment