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 StatusActiveUnderContract
StatusActiveUnderContract
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
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
WaterfrontY/NNo
Additional Details
Price History
Clayton Bond
Sales Associate
Price
$2,295,000
MLS#OC25061943
List Date
03/20/2025
Property Type
Multi-Family
Phone
(949) 290-7647
