16172 Malaga Ln, Huntington Beach, CA 92647
Image 2 for 16172 Malaga Ln, Huntington Beach, CA 92647
Image 3 for 16172 Malaga Ln, Huntington Beach, CA 92647
View Photos

16172 Malaga Ln Huntington Beach, CA 92647

$3,000,000
  • 12 Beds
  • 9.75 Baths
  • 7,068 Sq.Ft.
For Sale
$3,000,000 Get Pre-Qualified

Map preview of 16172 Malaga Ln, Huntington Beach, CA 92647

Property Overview: 16172 Malaga Ln Huntington Beach, CA has 12 bedrooms, 9.75 bathrooms, 7,068 living square feet and 9,148 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 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!

Listed by Anne Pappas-Hipp | BRE #00454426 | Pappas & Hipp Realtors
Last checked: 13 minutes ago | Last updated: November 24th, 2023 | Source CRMLS | DOM: 464
Get a $9,000 Cash Reward New

Buy this home with Ardent Real Estate Group and get $9,000 back.

Call/Text (714) 706-1823

Home details

Lot Sq. Ft
9,148
HOA Dues
$0/mo
Year built
1967
Garage
8 Car
Property Type:
Apartment
Status
Active
MLS#
OC22259532
City
Huntington Beach
County
Orange
Time on Site
491 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 1
  • # of Leased Units: 6
  • # of Electric Meters: 6
  • # of Gas Meters: 0
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,165
  • Total Rent: $2,165
  • Pro Forma/Market Rent: $2,890
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $1,500
  • Pro Forma/Market Rent: $2,600
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,845
  • Total Rent: $1,845
  • Pro Forma/Market Rent: $2,700
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,850
  • Total Rent: $1,850
  • Pro Forma/Market Rent: $2,600
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,195
  • Total Rent: $1,195
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,315
  • Total Rent: $1,315
  • Pro Forma/Market Rent: $2,300
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $122,500
  • Net Operating Income: $99,765
  • Gross Operating Income: $122,500
  • # of Rented Garages: 1
  • Garage Rental Rate: $150
  • Laundry Income: $1,100
  • Laundry Own/Lease: Own
Annual Expense Breakdown
  • Total Operating Expense: $22,765
  • Electric: $1,500
  • Gas/Fuel: $1,900
  • Licenses: $190
  • New Taxes: $9,972
  • Trash: $2,000
  • Insurance: $2,142
  • Professional Management: $0
  • Water/Sewer: $2,500

Open Houses for 16172 Malaga Ln

No upcoming open houses

Schedule Tour
Loading...

Property Details for 16172 Malaga Ln

Interior Features
Laundry Information
  • Has Laundry
  • Community, Dryer Included, Individual Room, Washer Included
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 8
  • # of Parking Spaces: 10
  • Has Parking
  • Parking Features: Attached Carport, Garage Faces Front, Garage Faces Rear, Garage - Single Door, Garage - Two Door, Garage Door Opener
Lot Information
  • Lot Features: Front Yard, Lawn, Lot 10000-19999 Sqft, Sprinkler System
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 6
  • Parcel Number: 10777103
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: Other
  • Directions: South on Beach Boulevard, East on Stark, to Malaga Lane, Huntington beach
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Urban
View more facts & features

Local Huntington Beach Agent

Loading...

Sale History for 16172 Malaga Ln

Last leased for $1,845 on January 3rd, 2018
  • December, 2022

  • Dec 28, 2022

    Date

    Active

    CRMLS: OC22259532

    $3,000,000

    Price

  • January, 2018

  • Jan 3, 2018

    Date

    Leased

    CRMLS: OC17236485

    $1,845

    Price

  • Oct 15, 2017

    Date

    Active

    CRMLS: OC17236485

    $1,845

    Price

  • Listing provided courtesy of CRMLS

    Freshly Painted! Move in Ready! Large courtyard at Entry way. Laundry Room and one car enclosed garage. Large 2 Bedroom & 2 Baths.

  • August, 1995

  • Aug 1, 1995

    Date

    Sold (Public Records)

    Public Records

    $585,000

    Price

Show More

Tax History for 16172 Malaga Ln

Assessed Value (2020): $888,627
Year Land Value Improved Value Assessed Value
2020 $566,917 $321,710 $888,627

Home Value Compared to the Market

This property vs the competition

16172 Malaga Ln is listed 122.22% higher than the median list price for the city of Huntington Beach which has a median list price of $1,350,000. The median price per/sqft for Huntington Beach is $775 and this home is listed at $424.45 per/sqft which puts the price per square foot 45.23% lower than the median price per square foot for the city of Huntington Beach.

About 16172 Malaga Ln

Detailed summary of property

16172 Malaga Ln is a apartment located in Huntington Beach, CA 92647 and is currently for sale. This apartment offers 12 bedrooms, 9.75 bathrooms, roughly 7,068 living square feet, and sits on an approximately 9,148 square foot lot. 16172 Malaga Ln was first listed on ArdentRealEstateGroup.com on December 28, 2022. The homeowner is currently asking $3,000,000. The median priced home in Huntington Beach is $1,350,000 with a median price per square foot of $775. Based on Ardent Real Estate Group's Huntington Beach Market Data, this home is listed 122.22% higher than the median priced home. Local competing homes currently for sale include 12702 Morningside Ave, 210 Grant St and 210 Grant St. While the average home in Huntington Beach, CA is selling in 58 days, 16172 Malaga Ln has a days on market of 464 days. There are currently 293 homes for sale in the Huntington Beach real estate market and 196 of them are single family homes while 66 of them are condos and 31 are townhomes. For more information on this home for sale at 16172 Malaga Ln Huntington Beach, CA 92647 contact Ardent Real Estate Group and we will put you in touch with one of our Huntington Beach agents.

Public Facts for 16172 Malaga Ln

Public county record property details
Beds
--
Baths
--
Year built
1967
Sq. Ft.
7,070
Lot Size
9,762
Stories
2
Type
Apartments (Generic)
Pool
No
Spa
No
County
Orange
Lot#
8
APN
107-771-03

The source for these homes facts are from public records.

92647 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,145,000
Median List Price/Sq.Ft.
$719
Median Sold Price
$1,200,000
Median Sold Price/Sq.Ft.
$776
Total Inventory
50
Median Sale to List Price %
100.01%
Avg Days on Market
10
Loan Type
Conventional (37.93%), FHA (0%), VA (3.45%), Cash (20.69%), Other (37.93%)

Tour This Home


Buy with Ardent Real Estate Group and save $9,000.

Image Description
Contact Jon
Huntington Beach Agent

Call, Text or Message
Get a $9,000 Cash Reward New

Buy this home with Ardent Real Estate Group and get $9,000 back.

Call/Text (714) 706-1823

Related Resources to 16172 Malaga Ln

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.