16922 Lynn Ln 7 Unit Apartment Building $3,150,000 ($450,000/Unit) 3.87% Cap Rate Huntington Beach, CA 92649

The Leeson Group of Marcus & Millichap is pleased to present the offering for 16922 Lynn Lane, a 6+1 unit multifamily property located in a highly desirable Huntington Harbour submarket of Huntington Beach, California. The property features a diverse unit mix, including a rare townhouse-style layout, and benefits from private outdoor space for every unit along with tuck-under parking.
The unit mix consists of three 1-bed/1-bath units, two 1-bed/1.5-bath townhouse units, one 2-bed/2-bath unit, and one non-conforming 1-bed/1-bath unit. Select top-floor units feature vaulted ceilings, while all units include private patios or balconies, enhancing tenant appeal in this coastal-oriented market.
The 2-bedroom unit has been renovated and showcases upgraded finishes including tile and vinyl flooring, an enhanced kitchen with built-in oven/range, range hood, and dishwasher, as well as central air conditioning and in-unit laundry, amenities not currently offered in the remaining units. The balance of the units utilize a community laundry facility, presenting a clear value-add opportunity through interior upgrades and amenity expansion.
Situated just steps from Huntington Harbour, walkable retail, and coastal recreation, 16922 Lynn Lane offers investors the opportunity to acquire a well-located asset with strong long-term fundamentals and meaningful upside through continued interior renovations in one of Huntington Beach’s most sought-after residential pockets.
*Drive by only. Do not walk the property or disturb the residents. Please contact the Listing Agent(s).*