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Offered For Sale

125 16th Street

#OC24046070

MLF

Built in 1971

$8,990,000

About the property

Beachwood Apartments is a rare offering being the largest building presently available in Huntington Beach and the closest to the sand. It is located in the 100 block of Downtown Huntington Beach (built on 6 legal lots) and is less than 200 feet from Pacific Coast Highway. This is an owner-user area with the majority of nearby dwellings being condominiums from $1,000,000 to $1,750,000 and SFRs in the $2,000,000 to $6,000,000 range. High income tenants are naturally drawn to this building by nearby attractions including: The soft sands & ridable waves of Surf City, blufftop park/bike path, Beach Playground, Pier, Main Street Village, restaurants, shopping, entertainment, and numerous events (4th of July parade & fireworks, US Open of Surfing, Pacific Airshow, & more). This is the first time the property has been offered for sale in 40 years and is arguably the best investment opportunity for upside rental potential in coastal Orange County. The mix of units includes (two) 3 BR – 2BA units, (three) 2BR – 2BA units, (eleven) 2BR – 1BA units, and (two) 1BR – 1BA units… several units have partial ocean views. 24 Garage Spaces. Built in 1971, and individually metered for gas & electric. The building is only 8 blocks from award winning Elementary & Middle Schools – 12 blocks from Huntington Beach High School (which offers the Academy of Performing Arts and Nationally Ranked athletics programs).

Features

General

  • Half Bathrooms 0
  • Real Estate Sub Type SingleFamilyResidence
  • Real Estate Type MLF
  • Square Feet 15,809
  • Stories 2
  • Year Built 1,971
  • Agent Name Scot Campbell
  • Broker Id H04500
  • Office Name Coldwell Banker-Campbell Rltrs
  • Days On Market 17
  • Status Pending
  • Agent Cell 714-336-0394

Building

  • Construction Brick Veneer
    Shingle Siding
    Stucco
  • Cooling None
  • Foundation Slab
  • Heating Wall Furnace
  • Roof Flat
  • Style Traditional

Location

  • Subdivision Downtown Area (DOWN)
  • View Ocean

Location

Questions

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