16681 Green Ln, Huntington Beach, CA 92649
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16681 Green Ln Huntington Beach, CA 92649

$1,623,000 Sold Price as of 05/18/2021
  • 9 Beds
  • 9 Baths
  • 5,028 Sq.Ft.
Sold
$1,623,000 Sold Price as of 05/18/2021 Refinance Your Mortgage

Map preview of 16681 Green Ln, Huntington Beach, CA 92649

Property Overview: 16681 Green Ln Huntington Beach, CA has 9 bedrooms, 9 bathrooms, 5,028 living square feet and 9,671 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This four unit property, built in 1978, stands alone on a large 9,671 sqft lot with an alley on each side and vacant land behind (not part of sale), and located on a very quiet street in the highly sought after market of Huntington Beach. Walking distance to parks, less than 2 miles from Huntington Harbor and about 6 miles from Huntington Beach Pier, this is an excellent location for investment property. For the investor who would like to hold the property, there is over 45% in rental upside! The unit mix consists of one 3bd/ 2.5ba, 2-story townhouse style unit with private backyard, balcony, fireplace and laundry hook-ups. The other three units are all 2bd/2ba. The two upstairs units have private balconies, and the downstairs unit has a private backyard and laundry hook-ups. Each unit has 2 off street parking spots consisting of a single-car garage and parallel parking outside the garages. This property would also be great for the developer who would like to build detached condos. This lot is zoned for residential medium density and is large enough to build 3 detached for-sale units. Please do not disturb tenants. Property sold AS IS.

Listed by Elizabeth Altuna | BRE #02036658 | The Address, Inc.
Last checked: 2 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 35

Home details

Lot Sq. Ft
9,671
HOA Dues
$0/mo
Year built
1978
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
PW21052800
City
Huntington Beach
County
Orange
Time on Site
1138 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 4
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,100
  • Total Rent: $2,100
  • Pro Forma/Market Rent: $3,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,200
  • Total Rent: $1,200
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,950
  • Total Rent: $1,950
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,600
  • Total Rent: $1,600
  • Pro Forma/Market Rent: $2,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.5%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $82,200
  • Net Operating Income: $69,881
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $12,319
  • Electric: $480
  • Gas/Fuel: $1,472
  • New Taxes: $1
  • Trash: $1,699
  • Insurance: $2,000
  • Water/Sewer: $344

Property Details for 16681 Green Ln

Interior Features
Laundry Information
  • Has Laundry
  • Common Area, Gas Dryer Hookup, Washer Hookup
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: Front Yard, Level with Street
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 17820169
  • Year Built Source: Public Records
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: Other
  • Directions: North of Warner Ave. and West of Bolsa Chica St.
Neighborhood Information
  • Community Features: Biking, Curbs, Dog Park, Fishing, Golf, Park, Watersports, Preserve/Public Land, Sidewalks, Street Lights
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Sale History for 16681 Green Ln

Last sold for $1,623,000 on May 18th, 2021
  • May, 2021

  • May 19, 2021

    Date

    Sold

    CRMLS: PW21052800

    $1,623,000

    Price

  • May 11, 2021

    Date

    Pending

    CRMLS: PW21052800

    $1,949,000

    Price

  • Apr 20, 2021

    Date

    Active Under Contract

    CRMLS: PW21052800

    $1,949,000

    Price

  • Apr 6, 2021

    Date

    Active

    CRMLS: PW21052800

    $1,949,000

    Price

  • Apr 3, 2021

    Date

    Hold

    CRMLS: PW21052800

    $1,949,000

    Price

  • Mar 18, 2021

    Date

    Active Under Contract

    CRMLS: PW21052800

    $1,949,000

    Price

  • Mar 13, 2021

    Date

    Active

    CRMLS: PW21052800

    $1,949,000

    Price

  • August, 1994

  • Aug 4, 1994

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 16681 Green Ln

Assessed Value (2020): $813,847
Year Land Value Improved Value Assessed Value
2020 $482,546 $331,301 $813,847

Home Value Compared to the Market

This property vs the competition

16681 Green Ln sold on May 18, 2021 for 51.09% higher than the current median sold price for the city of Huntington Beach which is $1,290,000. The median sold price per/sqft for Huntington Beach is $748 and this home is sold at $387.63 per/sqft which puts the price per square foot 48.18% lower than the current median sale per square foot for the city of Huntington Beach.

About 16681 Green Ln

Detailed summary of property

16681 Green Ln is a multi family that recently sold in Huntington Beach, CA 92649. This multi family property offered 9 bedrooms, 9 bathrooms, roughly 5,028 living square feet, and sits on an approximately 9,671 square foot lot. 16681 Green Ln was first listed on ArdentRealEstateGroup.com on April 6, 2021. The homeowner sold the property for $1,623,000. Home in Huntington Beach are selling for a median price of $1,290,000 and a median price per square foot of $748. Based on Ardent Real Estate Group's Huntington Beach Market Data, this home is sold 51.09% higher than the current median priced home. Local homes that are currently for sale include 2221 Granada Ave, 16426 San Jacinto Street and 119 S Delano St. While the average home in Huntington Beach, CA is selling in 56 days, 16681 Green Ln has a days on market of 35 days. There are currently 309 homes for sale in the Huntington Beach real estate market and 208 of them are single family homes while 69 of them are condos and 32 are townhomes. For more information on this home for sale at 16681 Green Ln Huntington Beach, CA 92649 contact Ardent Real Estate Group and we will put you in touch with one of our Huntington Beach agents.

Public Facts for 16681 Green Ln

Public county record property details
Beds
--
Baths
--
Year built
1978
Sq. Ft.
5,028
Lot Size
9,671
Stories
2
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
93
APN
178-201-69

The source for these homes facts are from public records.

92649 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,588,888
Median List Price/Sq.Ft.
$816
Median Sold Price
$1,415,000
Median Sold Price/Sq.Ft.
$771
Total Inventory
82
Median Sale to List Price %
94.33%
Avg Days on Market
33
Loan Type
Conventional (21.88%), FHA (0%), VA (0%), Cash (62.5%), Other (12.5%)

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Related Resources to 16681 Green 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.