8
See all 8 photos
$2,675,000
Est. payment /mo
10 Beds
5,208 SqFt
Active Under Contract
16805 Roosevelt Lane Huntington Beach, CA 92649
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Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 5,208 sqft
Price per Sqft $513
MLS Listing ID CL25574891
Bedrooms 10
HOA Y/N No
Year Built 1988
Lot Size 9,007 Sqft
Acres 0.21
Property Sub-Type OTHER
Property Description
We are pleased to offer the opportunity to acquire 16805 Roosevelt Lane, a spacious and well-maintained four-unit apartment building located on a quiet cul-de-sac in a desirable Huntington Beach neighborhood. Built in 1988, this pride-of-ownership property offers an exceptional unit mix of two (2) three-bedroom, two-bathroom + loft units and two (2) two-bedroom, two-bathroom units - averaging over 1,300 square feet - with ample on-site parking, including four (4) single-car garages and four (4) designated surface spaces. Each unit features generous layouts with private patios or balconies, fireplaces, vaulted ceilings (in 3-bedroom units), abundant natural light, and washer/dryer hookups, creating an appealing and comfortable living environment for tenants. The property is individually metered for gas and electricity, with tenants responsible for their own utilities, limiting landlord expenses to water, sewer, trash, and common area electricity. In the last five years, three units have been renovated with updated kitchens, bathrooms, and flooring, while recent capital improvements include new electrical subpanels and individual water heaters installed within the past year. This rare opportunity allows an investor to secure immediate cash flow while benefiting from future upside a
Location
State CA
County Orange
Interior
Cooling No Air Conditioning
Fireplace No
Laundry Other
Exterior
Total Parking Spaces 8
Building
New Construction No
Others
Tax ID 14660138
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Listed by Kamfar Kyle Mirrafati • Matthews Real Estate Investment Services
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Mike & Jules Guzzardo Team With Jenny Biczkow
Realtor | r01066846,01955798,02086289