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!
This property is $1.7M more than the Median Sold Price in Huntington Beach, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #OC22259532
Listing Office:
Office Name: Pappas & Hipp Realtors
Office Phone: (714) 931-7904
Listing Agent: Anne Pappas-Hipp
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 4/29/2024, 4:20:26 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Aug 01, 1995
Aug 01, 1995Home Sold
$585,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$11,360
$897,833
2020
$11,233
$888,627
2019
$10,816
$871,203
2018
$10,816
$854,121
2017
$10,648
$837,374
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
High School
5
/10
Ocean View High School
17071 Gothard St
Distance between this listing and this school1.25 miles
Public District Grades 9-12
Nearby Schools
4
/10
Westmont Elementary School
8251 Heil Ave
Distance between this listing and this school0.26 miles
Public District Grades KG-5
8
/10
Star View Elementary School
8411 Worthy Dr
Distance between this listing and this school0.59 miles
Public District Grades KG-5
7
/10
Demille Elementary School
15400 Van Buren St
Distance between this listing and this school0.81 miles
Public District Grades KG-6
Nearby Schools
6
/10
Vista View Middle School
16250 Hickory St
Distance between this listing and this school0.96 miles
Public District Grades 6-8
9
/10
Fulton (Harry C.) Middle School
8778 El Lago Cir
Distance between this listing and this school1.68 miles
Public District Grades 6-8
9
/10
Sarah Mcgarvin Intermediate School
9802 Bishop Pl
Distance between this listing and this school1.82 miles
Public District Grades 7-8
Assigned Schools
5
/10
Ocean View High School
17071 Gothard St
Distance between this listing and this school1.25 miles
Public District Grades 9-12
Nearby Schools
10
/10
Fountain Valley High School
17816 Bushard St
Distance between this listing and this school2.14 miles
Public District Grades 9-12
7
/10
Westminster High School
14325 Goldenwest St
Distance between this listing and this school2.21 miles
The neighbors living near this home have an average income of $70,737. Typical income of Huntington Beach, CA residents is between $35k-100k annually. Most families are single, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 16172 Malaga Ln
What is the listing price of this property?
The listing price of 16172 Malaga Ln property is $3,000,000.
What type of property is this?
The property 16172 Malaga Ln is a condo located in Huntington Beach, California, 92647.
Is this property for sale now?
Active Listing: 16172 Malaga Ln is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 16172 Malaga Ln are: Ocean View High School: GreatSchools Rating 5/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $11,360 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on August 1, 1995 for $585,000. (source: MLS/tax record).
Which year was this property built?
The year of construction for 16172 Malaga Ln is 1967.
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This home is located at 16172 Malaga Ln in Huntington Beach, CA and zip code 92647 in the Washington neighborhood. This home, which was built in 1967, sits on a 0.21 acre lot. It has been listed on Rocket Homes since December 28, 2022 and is currently priced at $3,000,000.
In March 2024 more than 39 listings in Huntington Beach, CA were sold above the asking price. During the same period more than 25 listings were sold at asking price, while more than 56 were sold below. The inventory of homes for sale in Huntington Beach, CA between February 2024 and March 2024 increased by 1.3%. Listings spent 36 days on the market in March 2024, and had a median list price of $1,200,742 during the same period.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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