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16932 Lilac Ln
Huntington Beach, CA 92647 Goldenwest

$2,100,000 USD

Apartments For Sale  •  4,358 SF

Property Details

  • Property Type Apartments
  • Total Building Size 4,358 SF
  • Lot Size 0.17 AC
  • Building Class C
  • Year Built 1972
  • Cap Rate 4.11 %
  • Zoning Fourplex
34 Transit Score
83 Walk Score

Highlights

Covington-style fourplex in a prime Huntington Beach neighborhood with strong rental demand
Excellent Unit Mix: Spacious 3-Bed / 2-Bath owners unit, two 2-Bed / 2-Bath units, and one 2-Bed / 1-Bath unit
Large Corner ±0.17-Acre Lot, Unit SF Approximately 4,358, Which Averages Over 1,000 SF per unit
Individually Metered for Gas & Electric, 5 Garages, Plus 2 Surface Spots, 7 Parking Total
Washer/dryer hookups in garages plus on-site laundry room for added income potential
Two Units Renovated, Additional Value-Add Opportunity for Investors

Financial Summary (Actual)

Net Operating Income: $86,313 USD (2025)
Cap Rate: 4.11 %
Total Expenses: $42,292 USD

Amenities

  • Cable Ready
  • Dishwasher
  • Disposal
  • Washer/Dryer Hookup
  • Heating
  • Ceiling Fans
  • Kitchen
  • Oven
  • Walk-In Closets
  • Den
  • Double Pane Windows
  • Lawn
  • Vinyl Flooring
  • Smoke Detector
  • Quartz Countertops

Public Transportation

AirportDriveWalkDistance
John Wayne/Orange County 13 min - 8.6 mi
Long Beach (Daugherty Field) 21 min - 14.7 mi
Los Angeles International 44 min - 33.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 2
Type: Surface
Included in Rent: Yes
Mark Bridge 949-681-8388 The Bridge Multifamily Team at Matthews
Mark Bridge 949-681-8388 The Bridge Multifamily Team at Matthews