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16932 Lilac Ln, Huntington Beach, CA, 92647

16932 Lilac Ln
$2,100,000

Key Information

Cap Rate
4.11%
$ per SF
$482
Tot. SF
4,358
Lot Size
0.17 Acres
$ per unit
$525,000
Units
4
Year Built
1972
Type
Multifamily
NOI
$86,313

Highlights

  • Covington-Style Fourplex: Located in a highly desirable Huntington Beach neighborhood with pride-of-ownership appeal.
  • Excellent Unit Mix: Features a spacious 3-bed/2-bath owner’s unit, two 2-bed/2-bath units, and one 2-bed/1-bath unit.
  • Large Corner Lot: Approximately 4,358 SF on a ±0.17 AC lot, averaging over 1,000 SF per unit.
  • Individual Utilities: Each unit is individually metered for gas and electric, with separate water heaters.
  • Private Garage Parking: Every unit has private garage parking, including a two-car garage for the owner’s unit.
  • Laundry Amenities: Washer/dryer hookups in garages plus an on-site laundry room for added convenience and income.
  • Renovation Upside: Select interior renovations completed with additional upside remaining for future improvements.
  • Prime Location: Near Bella Terra, major freeways, schools, and just minutes from the beach.

Photos

Location

Agents

Broker of Record

David Harrington

License # 02168060 (CA) , 01320460 (CA)
Matthews Real Estate Investment Services, LLC
2321 Rosecrans Ave., Suite 1225, El Segundo, CA 90245