16642 Algonquin St, Huntington Beach, California 92649, Huntington Beach, - bed, bath
CLOSED$2,200,000
16642 Algonquin St, Huntington Beach, California 92649
0Bed
0Bath
4,720Sqft
7,405Lot
Year Built
1977
Close
$2.2M
List price
$2.5M
Original List price
$2.52M
Price/Sqft
-
HOA
-
Days on market
304 Days
Sold On
2025-11-03
MLS number
LG25000672
Home ConditionFair
Features
Good View:
Patio
View-
About this home
Welcome to 16642 Algonquin. Excellent investment opportunity just minutes from the beautiful shoreline of Sunset Beach. Two 3 bedroom units rest above their own 2 car garages. The spacious, West facing 4 bedroom unit features a completely renovated kitchen, fireplace, open floor plan, attached 2 car garage with a white picket fenced yard. The excellent location offers walkable proximity to many amenities, including Harbour View Elementary School, Trader Joe’s, Meadowlark Golf Course, several biking and walking trailheads, and quick beach access.
Price History
Date
Event
Price
10/03/25
Price Change
$2,499,000
01/03/25
Listing
$2,525,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (4 Listings) | |
|---|---|---|---|
| Beds | 0 | 0 | |
| Baths | 0 | 0 | |
| Square foot | 4,720 | 4,720 | 50% |
| Lot Size | 7,405 | 7,405 | 50% |
| Price | $2.2M | $2.2M | 50% |
| Price per square foot | $466 | $466 | 50% |
| Built year | 1977 | 1977 | 50% |
| HOA | |||
| Days on market | 305 | 229 | 60% |
Condition Rating
Fair
The property was built in 1977, making it over 40 years old. While the description mentions a 'completely renovated kitchen' in one of the units, the images of the kitchens and bathrooms reveal dated styles, including laminate countertops, older white cabinetry, basic light fixtures, and wood-grain laminate vanities. These elements suggest that any renovations were likely done 15-30 years ago, rather than recently, and do not meet current quality standards for a 'good' or 'excellent' rating. The property appears well-maintained overall, with clean flooring (mix of LVP, tile, and carpet) and exteriors, but the key areas of kitchen and bathrooms require minor updates to align with modern aesthetics and functionality.
Pros & Cons
Pros
Strong Investment Potential: Explicitly marketed as an 'Excellent investment opportunity' with a triplex configuration (two 3-bedroom units, one 4-bedroom unit) providing multiple income streams.
Prime Coastal Location: Situated just minutes from Sunset Beach, offering walkable proximity to Harbour View Elementary School, Trader Joe’s, Meadowlark Golf Course, various biking/walking trailheads, and quick beach access.
Desirable Unit Features: The spacious 4-bedroom unit boasts a completely renovated kitchen, a fireplace, and an open floor plan, enhancing its appeal to tenants or an owner-occupant.
Ample Private Parking: Each unit benefits from its own 2-car garage (attached for the 4-bedroom unit), a significant and highly desirable feature for multi-unit properties in this area.
Private Outdoor Space: The 4-bedroom unit includes a private white picket fenced yard, adding valuable outdoor living space and increasing its attractiveness.
Cons
Extended Market Time & Price Adjustment: The property was on the market for 304 days and sold for a notable reduction from its original list price ($2.525M to $2.2M), suggesting potential challenges with initial pricing or market perception.
Age of Property & Potential for Updates: Built in 1977, the property is over 45 years old. While the 4-bedroom unit's kitchen is renovated, the description is silent on the condition of the two 3-bedroom units, implying they may require significant updates or deferred maintenance.
Limited Information on Other Units: The detailed description primarily focuses on the 4-bedroom unit, leaving the condition, features, and recent updates of the two 3-bedroom units largely unspecified, which could be a concern for potential investors.