206 Chicago Avenue
Huntington Beach, CA, 92648
$2,700,000
Beds
0 Baths
SqFt
0.15 Acres
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UNBELIEVABLE INVESTMENT OPPORTUNITY to become the next owner of an amazing, newly-remodeled 5 unit complex located on a DOUBLE LOT in the heart of Downtown Huntington Beach! There are two buildings on-site, one with 3 units in the front and one with 2 units in the back. Each unit is a 1 bed/1 bath with 480 sq of living space and their own respective patio/yard areas in front. When I say remodeled, I mean it was a COMPLETE renovation. Some of the upgrades include: brand new roof, new sewer lines, new PEX plumbing, new gas lines, new electrical (panels, meters, wires, outlets, switches, lights), new cabinets, New appliances (microwave, range (gas), dishwasher, W/D hookups (gas), new flooring, new paint, new hardscape/landscape, irrigation, new stucco and stacked stone, new doors and windows, New shower tile/glass (each unit has different color), and more! Each unit has its own parking spot at the rear of the property. After the remodel, the owner signed all new tenants with one year leases that initiated in August of 2023 at fair market rent for that time. Not easy finding a double lot investment property let alone one that is remodeled top to bottom and located within 3 blocks of the ocean and Pacific City. As of the moment writing this, there is nothing like it on the market in the area so do not wait to act as opportunities like these are fleeting.

Property Details

Price:
$2,700,000
MLS #:
OC24051859
Status:
Active Under Contract
Baths:
0
Address:
206 Chicago Avenue
Type:
Residential Income
Subtype:
Apartment
Subdivision:
Downtown Area DOWN
Neighborhood:
15westhuntingtonbeach
City:
Huntington Beach
Listed Date:
Mar 14, 2024
State:
CA
ZIP:
92648
Lot Size:
6,534 sqft / 0.15 acres (approx)
Year Built:
1956
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Suburban
Garage Spaces
0.00
Lot Features
Level with Street
Parking Spots
5.00
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None
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Stories Total
1
Water Source
Public

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206 Chicago Avenue
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