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16882 Lynn Ln, Huntington Beach, CA 92649
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16882 Lynn Ln Huntington Beach, CA 92649

$2,750,000 Sold Price as of 06/08/2023
  • 6 Beds
  • 6 Baths
  • 4,031 Sq.Ft.
Sold
$2,750,000 Sold Price as of 06/08/2023 Refinance Your Mortgage
Map preview of 16882 Lynn Ln, Huntington Beach, CA 92649

Property Overview: 16882 Lynn Ln Huntington Beach, CA has 6 bedrooms, 6 bathrooms, 4,031 living square feet and 8,276 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: *The Huntington Harbour Portfolio can be purchased individually or as a portfolio.* The Huntington Harbour Portfolio is a 2-property, 12+1 unit multifamily investment opportunity located in Huntington Beach, CA. Encompassing a combined 0.38 acres of land, the Huntington Harbour Portfolio offers an excellent unit mix consisting of one and two-bedroom floor plans. Additionally, the portfolio includes amenities such as garage, surface, and tuck-under parking, private balconies and patios, and on-site laundry. The Huntington Harbour Portfolio has an excellent north Huntington Beach location, located within blocks of the Huntington Harbour. The portfolio is located moments from the Trader Joe’s anchored Huntington Harbor Mall, providing residents convenient access to everyday needs. The Huntington Harbour Portfolio is located in close proximity to all three levels of schooling including Harbour View Elementary School, Marine View Middle School, and Marina High School. The portfolio is ideally positioned just over 1 mile from Bolsa Chica State Beach, a state maintained beach that spans across 3 uninterrupted miles, placing residents moments from a multitude of outdoor activities. Additionally, the portfolio is just over 1 mile from Pacific Coast Highway, providing residents with convenient access to a variety of attractions, cities, and employment hubs throughout Orange and Los Angeles Counties.

Listed by Tyler Leeson | BRE #01451551 | Marcus & Millichap RE Invest
Last checked: 6 minutes ago | Last updated: June 8th, 2023 | Source CRMLS | DOM: 170

Home details

Lot Sq. Ft
8,276
HOA Dues
$0/mo
Year built
1974
Garage
6 Car
Property Type:
Apartment
Status
Sold
MLS#
OC22237304
City
Huntington Beach
County
Orange
Time on Site
556 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: 6
  • # of Water Meters: 6
Unit Breakdown 1
  • # of Units: 6
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 6
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $11,418
  • Total Rent: $11,418
  • Pro Forma/Market Rent: $12,900
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $137,016
  • Net Operating Income: $85,855
  • Gross Operating Income: $133,016
  • Vacancy Allowance: $4,110
  • Other Income 1: $110
  • Other Income Description: Miscellaneous
Annual Expense Breakdown
  • Total Operating Expense: $47,161
  • Electric: $1,226
  • Gas/Fuel: $1,226
  • New Taxes: $30,719
  • Trash: $1,226
  • Insurance: $2,600
  • Maintenance: $3,600
  • Professional Management: $0
  • Water/Sewer: $1,226
  • Other Expenses: $5,340
  • Other Expense Description: Misc

Property Details for 16882 Lynn Ln

Interior Features
Laundry Information
  • Has Laundry
  • Community
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 6
  • # of Parking Spaces: 10
Lot Information
  • Lot Features: Level with Street
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 6
  • Parcel Number: 17826102
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Special Assessments
Location / Neighborhood
Location Information
  • Directions: Nearby Cross Streets: Warner Avenue & Lynn Lane
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

Local Huntington Beach Agent

Sale History for 16882 Lynn Ln

Last sold for $2,750,000 on June 8th, 2023

  • June, 2023

  • Jun 8, 2023

    Date

    Sold

    CRMLS: OC22237304

    $2,750,000

    Price

  • Nov 7, 2022

    Date

    Active

    CRMLS: OC22237304

    $2,895,000

    Price

  • October, 2001

  • Oct 9, 2001

    Date

    Sold (Public Records)

    Public Records

    $760,000

    Price

Show More

Tax History for 16882 Lynn Ln

Assessed Value (2020): $1,026,607
Year Land Value Improved Value Assessed Value
2020 $760,015 $266,592 $1,026,607

Home Value Compared to the Market

This property vs the competition

16882 Lynn Ln sold on June 8, 2023 for 116.67% 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 $693.38 per/sqft which puts the price per square foot 7.3% lower than the current median sale per square foot for the city of Huntington Beach.

About 16882 Lynn Ln

Detailed summary of property

16882 Lynn Ln is a apartment that recently sold in Huntington Beach, CA 92649. This apartment offered 6 bedrooms, 6 bathrooms, roughly 4,031 living square feet, and sits on an approximately 8,276 square foot lot. 16882 Lynn Ln was first listed on ArdentRealEstateGroup.com on November 7, 2022. The homeowner sold the property for $2,750,000. 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 116.67% higher than the current median priced home. Local homes that are currently for sale include 263 Corona Avenue, 208 Granada Ave and 5121 E Ocean Blvd. While the average home in Huntington Beach, CA is selling in 56 days, 16882 Lynn Ln has a days on market of 170 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 16882 Lynn 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 16882 Lynn Ln

Public county record property details
Beds
--
Baths
--
Year built
1974
Sq. Ft.
4,031
Lot Size
8,219
Stories
2
Type
Apartments (Generic)
Pool
No
Spa
No
County
Orange
Lot#
15
APN
178-261-02

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%)

Thinking of Selling?

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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.

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