Huntington Beach, CA 92649 16681 Sims Lane
$2,295,000
10 more
Presented By: Jody Clegg with Compass; 714-515-7052
Beds • 8
Full/Half Baths • 8 / 1
SQFT • 4,377
Garage • 4
Year Built • 1973
Home Details
Situated in a highly coveted coastal location, 16681 Sims Lane offers a rare chance to own a fourplex in a desirable area of Huntington Beach just moments from the iconic Huntington Harbour and a mile from the beach. This income-generating property features four well-maintained 2-bedroom, 2-bath units, one of which includes an additional half bathroom. All tenants are on month-to-month leases, and estimated market rent for the units is $11,600 per month, or $139,200 per year. The property provides ample parking, including four individual 1-car garages and additional spaces in the back. Each unit is move-in ready, making this a turnkey investment in an unbeatable coastal location. Whether expanding your portfolio or entering the rental market, this fourplex is an exceptional opportunity in Huntington Beach.
Presented By: Jody Clegg with Compass; 714-515-7052
Interior Features for 16681 Sims Lane
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace Y/NNo
FlooringCarpet, Laminate
Heating Y/NYes
Laundry FeaturesCommonArea
Total Stories2
Other Rooms
Entry Level1
General for 16681 Sims Lane
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate4.24
Carport Y/NNo
CityHuntington Beach
Community FeaturesStreetLights, Sidewalks
CountyOrange
DirectionsTurn onto Sims off Warner
ElectricStandard
Electric Expense900.0
Electric On Property Y/NNo
Entry LocationFirst floor
Expected Active Date 2025-03-20
Fuel Expense0.0
Garage Spaces4.0
Garage Y/NYes
Gross Income0.0
HOANo
HOA Fee$0.0
HeatingCentral
Home Warranty Y/NNo
Insurance Expense3600.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCashToNewLoan
Lot Size Square Feet8276.0
Lot Size UnitsSquareFeet
MLS Area17 - Northwest Huntington Beach
MobileHomeRemainsYNNo
Net Operating Income97369.75
New ConstructionNo
Number Of Units Total4
Number of Units Leased4
Open Parking Spaces8.0
Operating Expense41830.0
Pool FeaturesNone
Property Attached Y/NYes
Property ConditionTurnkey
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NNo
RoofComposition
Security FeaturesCarbonMonoxideDetectors, SmokeDetectors
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Tax Lot10
Taxes$25,130
Tenant PaysCableTv, Electricity, Gas
Total Actual Rent8122.0
Trash Expense2400.0
UtilitiesCableConnected, ElectricityConnected, NaturalGasConnected, PhoneConnected, SewerConnected, WaterConnected
ViewNone
Water Sewer Expense3600.0
Waterfront Y/NNo
Year Built1973
Year Built SourceAssessor
Exterior for 16681 Sims Lane
Building Area Total4377.0
Crops Included Y/NNo
FencingStuccoWall
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.19
Lot Size Area8276.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesGarage, OnSite, OneSpace
Private PoolNo
Road Surface TypePaved
SpaNo
Total Parking12.0
Water SourcePublic
Additional Details
Price History
Keegan Cin
Team Lead
Price
$2,295,000
MLS#OC25061943
List Date
03/20/2025
Property Type
Multi-Family
Phone
(310) 963-5595
