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16172 Malaga Ln Huntington Beach, CA, 92647
$3,000,000 Commercial for sale Other
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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Property details
7,068 sqft interior area
Land area
9,148 sqft (0.21 acres)
Days on Verhouse
507
Address
16172 Malaga Ln, Huntington Beach, CA, 92647
City of California
Huntington Beach
County
Orange
Year Built
1967
District
Listing
Nearby major retailers
Costco
Costco Business Center
Albertsons
ALDI
Walmart Neighborhood Market
Walmart Supercenter
Lowe's
Walmart
Trader Joe's
Lexus
T-Mobile
Aldi
Whole Foods Market
Wholesale: 4
Supermarket: 14
Do it yourself: 1
Car: 1
Mobile phone: 1
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Interior Features
—
Garage & Parking
Other, Garage Faces Front, Garage Faces Rear
Appliances
Dryer
Listed by
Anne Pappas-hipp, Pappas & Hipp Realtors
Name
Anne Pappas-hipp
License number
00454426
Brokerage company
Pappas & Hipp Realtors
MLS #
CROC22259532
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Calculate your monthly payments
Mortgage
$9,211
Taxes
$0
HOA dues
$0
Mortgage
$600,000 / 20%
2.28%
30 years
Your amount
$9,211 / month
Lot details
TMK #10777103
Lot Description
Other, Front Yard
Parcel nr.
10777103
92647 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
—
no data
Bus stop
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no data
Supermarket
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no data
Costco
—
no data
Hospital
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no data
Park
—
no data
Beach
—
no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
People living in 92647
41%
Families with children
National average: 39%
28%
Non family households
517,866
Population
$96,939
Average Income
Age & gender
Median age 40 years
More info
Commute types
90% commute by car
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Education level
22% have bachelor education
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Number of employees
2% work in manufacturing
More info
Vehicles available
38% have 2 vehicle
More info
Vehicles by gender
38% have 2 vehicle
More info
Housing market insights for
$1.11m
Neighborhood average
sales price*
sales price*
$1.13m
Neighborhood median
sales price*
sales price*
454
Number
of sales*
of sales*
Housing type
53% are single detacheds
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Rooms
40% of the houses have 4 or 5 rooms
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Bedrooms
57% have 2 or 3 bedrooms
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Owners vs Renters
54% are owners
More info
14.17 / 20
Above Average
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
New Listing Dec 28, 2022
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Dec 28, 2022 | New Listing | $3,000,000 | 0 | MLS #CROC22259532 |
Taxes of 16172 Malaga Ln, Huntington Beach, CA, 92647
2 zoning / MLS #CROC22259532
Zoning
2
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Frequently Asked Questions about 16172 Malaga Ln
What is 16172 Malaga Ln?
16172 Malaga Ln is a Commercial/Industrial propertywith 7,068 sqft interior space.
What is the rental income?
-
What is the full address of this Commercial?
16172 Malaga Ln, Huntington Beach, CA, 92647.
What comparable properties are nearby?
Comparable nearby commercial properties include 7851 Glencoe Dr, 16871 Beach Blvd, 7511 Warner Ave, 17431 Koledo Ln, 7681 Ellis Ave, 16861 Green Ln.
Based on information from the bridgeMLS as of 05-19-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing last updated on: Nov 24, 2023
Verhouse Last checked less than a minute ago
The closest grocery stores are Target, 0.12 miles away and Pavilions 2206, 0.24 miles away.
The 92647 zip area has a population of 517,866, and 41% of the families have children. The median age is 40.75 years and 90% commute by car. The most popular housing type is "single detached" and 54% is owner.
