$8,650,000Sold Price
15,809 Sqft
17,424 Sqft

125 16th Street, Huntington Beach CA 92648

  • Commercial Sale Property Type
  • 1971 Year Built
Property Description

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

Basic Details
Commercial Sale
Other
Sold
CROC24046070
$8,990,000
Ocean
17
15,809 Sqft
1971
17,424 Sqft
0.40 Acre
Closed
Features
: Wall Furnace
: None
Other Water/Sewer
Public Sewer
: Community Facility
: Other, Corner Lot
: Other
: Flat
Address Map
CA
Orange
Huntington Beach
92648
16th Street
125
W118° 4' 39.5''
N33° 36' 23.9''
Pacific Coast Hwy to 16th Stree
Additional Info
Coldwell Banker-Campbell Rltrs
Scot Campbell
SCOT@CAMPBELLREALTORS.COM
: Stucco, Brick Veneer
Sold
Public
For Sale
Price History
05/29/2024
$8,650,000
03/08/2024
$8,990,000
$0
Listing Information
2024-05-30T04:05:56Z
Michael O'Neill II
CB Richard Ellis, Inc.
BayEast
CL363900809
CL86324
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    Rajesh Chenna
    Realty++
    Sriram Akella
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