RealKey
‪(213) 433-7766‬

16771 Green Ln., Huntington Beach, California 92649, Huntington Beach, 92649 - bed, bath

16771 Green Ln., Huntington Beach, California 92649 home-pic-0
ACTIVE$2,285,000
16771 Green Ln., Huntington Beach, California 92649
0Bed
0Bath
5,100Sqft
7,841Lot
Year Built
1976
Close
-
List price
$2.29M
Original List price
$2.5M
Price/Sqft
$448
HOA
-
Days on market
-
Sold On
-
MLS number
OC24158958
Home ConditionFair
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $2.29M(75th), sqft - 5100(75th), beds - undefined(50th), baths - undefined(50th).

Moody 4-Plex - Ken Moody was a famous local Architect know for building Quality 4-Plexes in this area with large owners Units. 1 1/2 Miles to the BEACH! A - Owners Unit - is approximately 1800 sq. ft. - Two Large bedrooms - 2 1/2 bathrooms - 2 Fireplaces, Primary Bedroom and Living Room - Spiral Staircase - Private Laundry Inside - Two Car Garage + 2 Parking Spaces - 3 Private Patios - 1 Patio off of each bedroom and one off of the Kitchen - Unit B -Ground Floor Unit, 2 Bedroom - 2 Bath - 1 Car Garage + Parking Space - About 1000 Sq. Ft. - Premium Plank Vinyl Flooring - Remodeled Kitchen, w/ Granite Counters, New Cabinets, Sink and Faucet - Unit C - Above Unit B. Has same footprint - Approx. 1000 Sq. Ft. - 2 Bedrooms - 2 Baths - Private Patio - One Car Garage and One parking Space - Unit D - Approx. 1300 Sq. Ft. 2 Bedrooms - 2 Bathrooms - Very Private Patio in the back - Freeway Close, Straight down Warner to the 405 North and South - Close to Shopping and Restaurants. Huntington Beach Gem. 16781 Green Ln built by same architect Ken Moody is also available right next door. Possibility of owning 8 units side by side with the flexibility of two four plex's

Condition Rating
Fair
The property was built in 1976, making it 48 years old. While Unit B boasts a recently remodeled kitchen with new cabinets, granite counters, and premium plank vinyl flooring, the listing does not specify similar extensive updates for the other three units. The limited images, particularly the dated common laundry area, suggest that the property as a whole has not undergone a full, recent renovation. The overall age of the building, coupled with likely inconsistent modernization across units, indicates a 'Fair' condition where major components are functional but show signs of being outdated, and other units may require updates.
Pros & Cons

Pros

Prime Coastal Location: Situated just 1.5 miles from Huntington Beach, offering desirable coastal living and convenient access to freeways, shopping, and dining.
Robust Income Property: A well-configured quadruplex designed for residential income, providing multiple rental streams in a high-demand area.
Premium Owner's Unit: Features an exceptionally large (1800 sq ft) and amenity-rich owner's unit, including two fireplaces, a spiral staircase, private laundry, and multiple patios, enhancing owner-occupant appeal.
Renowned Architectural Quality: Constructed by Ken Moody, a local architect celebrated for building quality 4-plexes, suggesting superior construction and enduring design.
Strategic Expansion Potential: The unique opportunity to acquire an adjacent 4-plex by the same architect allows for significant portfolio growth and operational efficiencies.

Cons

Significant Price Adjustment: The property has seen a notable reduction from its original list price, which could signal market resistance or an initial overvaluation.
Aging Infrastructure: Built in 1976, the property's age (nearly 50 years) implies potential for increased maintenance costs and the need for future capital expenditures on systems and common areas.
Inconsistent Unit Modernization: While one unit boasts recent remodels, the description lacks details on the update status of all other units, suggesting potential for varying conditions and future renovation investments.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state