16722 Goldenwest Street, Huntington Beach, California 92647, Huntington Beach, 92647 - bed, bath

16722 Goldenwest Street, Huntington Beach, California 92647 home-pic-0
ACTIVE$2,250,000
16722 Goldenwest Street, Huntington Beach, California 92647
0Bed
0Bath
4,580Sqft
7,841Lot
Year Built
1967
Close
-
List price
$2.25M
Original List price
$2.5M
Price/Sqft
$491
HOA
-
Days on market
-
Sold On
-
MLS number
OC25037643
Home ConditionGood
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $2.25M(80th), sqft - 4580(80th), beds - undefined(50th), baths - undefined(50th).

FOUR PLEX IN THE HEART OF HUNTINGTON BEACH! DESIRABLE COVINGTON MODEL: FOUR UPGRADED UNITS; FOUR TENANT OCCUPIED UNITS WITH EXCELLENT TENANTS. GREAT LOCATION! EXCELLENT FOR INVESTORS. UNIT 1) 3/2, SINGLE LEVEL, INCLUDES A CONVENIENT BACK ENTRANCE THROUGH PRIMARY BEDROOM, ENCLOSED SIDE YARD W/GATE ACCESS, FIREPLACE, PLUS ADDITIONAL PARKING SPOT. UNIT 2) 2/2, SINGLE LEVEL, LARGE ENCLOSED PATIO, PLUS ONE ADDITIONAL PARKING SPOT. UNIT 3) 2/1/1.5, TWO STORY, ENCLOSED PATIO W/GATE ACCESS TO PARKING LOT. UNIT 4) UPSTAIRS CARRIAGE UNIT, 2/1, SINGLE LEVEL, FRONT BALCONY. EACH UNIT HAS A SHARED GARAGE, COMMUNITY LAUNDRY ROOM WITH INCOME GENERATING MACHINES, CONVENIENT MAIL DROP IN FRONT DOOR. LANDSCAPED BREEZEWAY, ALL UNITS REMODELED WITH QUARTZ COUNTERS, SHAKER CABINETS, NEW APPLIANCES, LAMINATE FLOORING THROUGHOUT, NEW WINDOWS, RECESSED LIGHTING, CEILING FANS IN ALL UNITS, NEW HEATER IN ALL UNITS INSTALLED 2 YEARS AGO . INTERIOR AND EXTERIOR PAINTED TWO YEARS AGO. TENTED ONE YEAR AGO. GOOD CASH FLOW OPPORTUNITY. LESS THAN 10 MINUTE DRIVE TO BEACH, EASY ACCESS TO FREEWAYS, CONVENIENTLY LOCATED TO RESTAURANTS, SHOPS, SCHOOLS, PARKS, AND TRANSPORTATION.

Nearby schools

6/10
College View Elementary School
Public,K-50.7mi
9/10
Circle View Elementary School
Public,K-51.2mi
7/10
Spring View Middle School
Public,6-80.8mi
5/10
Ocean View High School
Public,9-120.5mi
9/10
Marina High School
Public,9-121.3mi

Price History

Date
Event
Price
09/22/25
Price Change
$2,250,000
03/15/25
Listing
$2,500,000
Condition Rating
Good

The property, built in 1967, has undergone significant recent renovations, including new heaters, windows, and interior/exterior paint within the last two years, which are strong indicators of excellent condition. Many units feature modern updates such as white shaker cabinets, quartz countertops, new appliances, recessed lighting, and laminate flooring, as seen in images of Kitchen 1 and the bathrooms. However, one kitchen (Image 7) clearly shows older honey-oak cabinets, speckled countertops, tile flooring, and an older white range, directly contradicting the listing's claim that 'ALL UNITS REMODELED WITH QUARTZ COUNTERS, SHAKER CABINETS, NEW APPLIANCES, LAMINATE FLOORING THROUGHOUT, NEW WINDOWS, RECESSED LIGHTING'. While the majority of the property appears to be in excellent, move-in ready condition due to recent extensive updates, this inconsistency in renovation quality across units, specifically the dated kitchen in Image 7, prevents an 'Excellent' rating. The property is well-maintained and functional, fitting the 'Good' category.
Pros & Cons

Pros

Strong Investment Opportunity: This fourplex is an excellent investment, featuring four tenant-occupied units with excellent tenants, providing immediate and stable cash flow in a desirable Huntington Beach location.
Extensive Recent Upgrades: All units have been recently remodeled with modern finishes including quartz counters, shaker cabinets, new appliances, laminate flooring, new windows, recessed lighting, ceiling fans, and new heaters (installed 2 years ago). The interior and exterior were also painted 2 years ago, and the property was tented 1 year ago, minimizing immediate capital expenditures.
Prime Coastal Location: Situated in the heart of Huntington Beach, the property is less than a 10-minute drive to the beach and offers easy access to freeways, restaurants, shops, schools, parks, and public transportation, enhancing tenant appeal and property value.
Diverse Unit Mix and Features: The property offers a desirable Covington model with a varied unit mix (3/2, 2/2, 2/1.5, 2/1), each with unique features such as private patios, side yards, additional parking, and a front balcony, catering to a broader range of tenants.
Income-Generating Amenities: Includes a community laundry room with income-generating machines and shared garages, adding to the property's overall revenue potential and tenant convenience.

Cons

Age of Building: Built in 1967, the property is over 50 years old. While units are upgraded, the underlying infrastructure (e.g., plumbing, electrical beyond recent updates) may require more significant maintenance or capital improvements in the future.
Lack of Central Air Conditioning: The description mentions new heaters but does not specify the presence of air conditioning in the units, which could be a drawback for tenants during warmer months in Southern California.
Price Reduction History: The property's list price was recently reduced from $2.5M to $2.25M, which could indicate it was initially overpriced or that market conditions have shifted, potentially affecting perceived value or future appreciation.

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