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Image 1 - 16172 Malaga Ln, Huntington Beach, California, 92647 - House for sale
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Home For Sale In Huntington Beach, California
16172 Malaga Ln, Huntington Beach, California, 92647

Home For Sale In Huntington Beach, California

house for sale
11 views
Listed: 03/11/24

16172 Malaga Ln, Huntington Beach, California, 92647

12 Bed:
11 Bath:
7,068 Sq Ft Living Area:
Save
Price
$ 3M

About This House

Available for the first time in over 25+years, Malaga offers a rare opportunity to purchase six pride of ownership units in a very tight Huntington Beach submarket. Historically, the property has operated at less than 2% annual vacany due to below market rents. Currently there is approximately 19.8%+ Upside in rents! Situated on the West (ocean side) of the San Diego (405) Freeway, tenants have convenient access to Beach Boulevard (Hwy 39), local beaches, employment opportunities, and education. Other desirable are amenities include an abundance of commercial and retail options catering to students and young professionals including Target and the Bella Terra Mall; all within walking distance of Malaga apartments. Good unit mix and always rented: units are 1-3 bedrooms, 2.25 bath; 2-2 bedroom 2 bath; 2-2 bedroom 1 bath units; and one 1 bedroom 1 bath!

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Huntington Beach Housing & Living

Average sale prices for houses

3 bed
4+ bed
Show as List Show as Graph
In May 2024, the asking price for 3 bed houses for sale in/near Huntington Beach, United States averaged $1,509,902, an increase of 14.8% from the previous month.
Median price trends for properties for sale in Huntington Beach, United States as of May 2024.

Household Income

Median household income: $88,079
Number of households: 76,709
The average household income in Huntington Beach, CA grew from $85,312 to $88,079 in the past year. This data is an estimate based upon 76,709 households in Huntington Beach, CA.
The chart below presents how household income is distributed in Huntington Beach, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Huntington Beach, CA compared to median property taxes around the country. The prevalent amount of property taxes in Huntington Beach, CA equals $3k+ , which is more than the national average.