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31460680
31460374

16752 Bardon Lane, Huntington Beach, CA 92647

MB
CA 01316702
Matthews
Listed by Matthews
$2,295,000
64 days on market
Updated 15 days ago

16752 Bardon Lane

Details
APN 14223146
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,900
Net Rentable (SqFt) 3,900
Units 4
Cap Rate 4.91%
NOI $112,608
Occupancy 100%
Pro-Forma Cap Rate 5.29%
Pro-Forma NOI $121,396
Price per SqFt $588
Broker Co-Op Yes
Class B
Year Built 1972
Year Renovated 2025
Buildings 1
Stories 2
Acreage 0.200
Zoning Fourplex
Investment Type Stabilized
Ownership Fee

Turn-Key 4-Unit Covington-Style Multifamily in Prime Huntington Beach

Marketing description

Foundation Report Attached. Seller willing to complete foundation repair in escrow prior to closing. 16752 Bardon Lane is a renovated and well-maintained Covington-style fourplex located in a sought-after residential pocket of Huntington Beach. Constructed in 1972, the asset sits on a 0.20-acre corner parcel and encompasses approximately 3,900 square feet of rentable space, with generously sized units averaging nearly 1,000 square feet. The property offers a practical and appealing unit configuration, consisting of one three-bedroom/two-bath unit, two two-bedroom/two-bath units, and one two-bedroom/one-bath unit. Each residence has been thoughtfully upgraded, providing a turnkey opportunity for investors seeking stable in-place income with minimal near-term capital requirements. Additional features include four garage spaces for secure tenant parking and storage, individual gas and electricity metering, and an on-site laundry facility that enhances resident convenience while creating supplemental revenue potential. Positioned along a quiet residential street, the property benefits from proximity to Bella Terra, a wide array of dining and retail options, local parks, and quality schools. Accessibility is further supported by nearby connections to the 405 Freeway and Golden West College, while the Huntington Beach coastline remains just minutes awayreinforcing the assets long-term appeal within one of Southern Californias most established coastal rental markets.

Investment highlights

  • Covington-style fourplex located in a desirable residential neighborhood of Huntington Beach.
  • Well-balanced unit mix featuring one 3-Bed / 2-Bath unit, two 2-Bed / 2-Bath units, and one 2-Bed / 1-Bath unit.
  • All units significantly upgraded to turn-key for little to no near-future capital expenses
  • Approximately 3,900 SF on a large ±0.20 AC lot, with spacious floor plans averaging close to 1,000 SF per unit.
  • Individually metered for gas and electricity with garage parking.
  • On-site laundry facility offering added convenience and supplemental income potential.
  • Prime location near Bella Terra, with convenient access to the I-405 Freeway, Beach Blvd, and Golden West College, as well as just minutes from the Huntington Beach coastline.
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Listing Contacts

MB
CA 01316702
Matthews
Listed by Matthews

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$112,608.00
$9,384.00/mo

Valuation Metrics

0
DSCR
4.91%
Cap Rate
4.91%
ROI

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Additional Information

Name
David Harrington
License
02168060, 01320460 (CA)
Title
Broker of Record
Name
Mark Bridge
License
01316702
Brokerage
Matthews REIS
Title
Executive Vice President
Brokerage Address
3161 Michelson Drive
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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