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16052 Waikiki Lane, Huntington Beach, California 92649, Huntington Beach, - bed, bath

home-pic
ACTIVE$2,490,000
16052 Waikiki Lane, Huntington Beach, California 92649
0Bed
0Bath
5,360Sqft
6,534Lot
Year Built
1968
Close
-
List price
$2.49M
Original List price
$2.6M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
PW25192049
Home ConditionFair
Features
Good View: Neighborhood
Deck
ViewNeighborhood

About this home

Don’t miss this fantastic opportunity to own a prime park-front multifamily complex in the desirable Bolsa Chica-Heil area of Huntington Beach, just moments from Sunset Beach and the coast. This fully leased 2-story fourplex offers stunning twilight views and refreshing ocean breezes. The property features four well-appointed units: Unit A: A spacious front unit with 3 Bedrooms and 2 Baths (approx. 1,800 SF) Unit B: A downstairs unit with 2 Bedrooms and 2 Baths (approx. 1,280 SF) Unit C: An upstairs unit with 2 Bedrooms and 2 Baths (approx. 1,280 SF) Unit D: An upstairs unit with 1 Bedroom and 1 Bath (approx. 1,000 SF) Each unit is equipped with separate gas and electrical meters, ensuring tenant independence. Residents enjoy their own garage parking space, along with balconies or yards for outdoor relaxation. Units A, B, and C feature convenient in-unit laundry facilities. All tenants pay their own utilities, while the landlord covers water and trash. The property boasts ample parking for residents and additional street parking for guests. Take advantage of the nearby outdoor activities, with easy access to Sunset Beach, Bolsa Chica Beach, Pacific Coast Highway, scenic trails, and local shopping centers. **Drive by only. Please do not disturb occupants. Offer is subject to interior inspection.** Hurry, this is a rare investment opportunity in a sought-after location!

Price History

Date
Event
Price
10/21/25
Price Change
$2,490,000-4.2%
08/29/25
Listing
$2,600,000
Neighborhood Comparison
 SubjectAverage HomeNeighbourhood Ranking (4 Listings)
Beds00
Baths00
Square foot5,3604,720
60%
Lot Size6,5347,405
40%
Price$2.49M$2.25M
80%
Price per square foot$465$466
40%
Built year19681977
20%
HOA
Days on market67157
20%
Condition Rating
Fair
The property was built in 1968, making it 56 years old. While the visible living area features clean, large white ceramic tile flooring and freshly painted walls, suggesting some level of maintenance and updates, these updates appear functional rather than modern or high-end. The light fixture is basic and dated. Crucially, there are no images of the kitchens or bathrooms, which are key indicators of a property's condition. Given the age of the building and the generic nature of the visible updates, it's highly probable that the kitchens and bathrooms are outdated and will require significant renovation to meet current standards. The property is aged but appears maintained and livable, fitting the 'Fair' category where major components are functional but show signs of being outdated and minor updates or repairs are required.
Pros & Cons

Pros

Prime Coastal Location: Situated park-front in the desirable Bolsa Chica-Heil area, just moments from Sunset Beach, Bolsa Chica Beach, Pacific Coast Highway, scenic trails, and local shopping centers.
Strong Income Potential: A fully leased fourplex with separate gas and electrical meters for each unit, ensuring consistent rental income and tenant independence for utility payments (excluding water/trash).
Tenant-Friendly Amenities: Each unit offers a dedicated garage parking space, private outdoor relaxation areas (balconies or yards), and in-unit laundry facilities for the three larger units (A, B, C).
Attractive Lifestyle & Views: The property boasts stunning twilight views and refreshing ocean breezes, enhancing its appeal to tenants and contributing to its overall value.
Diverse & Spacious Unit Mix: Comprises four well-appointed units with varying bedroom counts (1, 2, and 3 bedrooms) and generous square footage (approx. 1,000-1,800 SF), catering to a broad tenant base.

Cons

Restricted Initial Access: The 'drive by only' and 'subject to interior inspection' conditions limit initial buyer due diligence and may deter some potential investors from making an offer.
Age of Property & Unknown Condition: Built in 1968, the property's age, combined with the 'subject to interior inspection' clause, suggests potential for deferred maintenance or outdated systems that may require significant capital investment post-purchase.
Landlord Utility Responsibility: While tenants cover gas and electricity, the landlord is responsible for water and trash services for all four units, representing a notable and ongoing operating expense.

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