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
See this Listing
Mortgage Calculator
Schools
Interior
Cooling
See Remarks
Exterior
Community Features
Suburban
Garage Spaces
0.00
Lot Features
Level with Street
Parking Spots
5.00
Pool Features
None
Sewer
Sewer Paid
Stories Total
1
Water Source
Public
Financial
Tenant Pays
Electricity, Gas
Map
Community
- Address206 Chicago Avenue Huntington Beach CA
- Area15 – West Huntington Beach
- SubdivisionDowntown Area (DOWN)
- CityHuntington Beach
- CountyOrange
- Zip Code92648
Similar Listings Nearby
- 811 Alabama Street
Huntington Beach, CA$3,450,000
0.37 miles away
- 2501 Florida Street
Huntington Beach, CA$3,300,000
1.44 miles away
- 16972 Lynn Lane
Huntington Beach, CA$3,295,000
4.82 miles away
- 5306 Neptune Avenue
Newport Beach, CA$3,250,000
3.87 miles away
- 122 44th Street
Newport Beach, CA$3,250,000
4.28 miles away
- 16861 Green Lane
Huntington Beach, CA$3,000,000
4.84 miles away
- 526 17th Street
Huntington Beach, CA$3,000,000
0.95 miles away
- 5204 Neptune Ave
Newport Beach, CA$3,000,000
3.91 miles away
- 120 14th Street
Huntington Beach, CA$2,950,000
0.80 miles away
- 517 35th Street
Newport Beach, CA$2,895,000
4.67 miles away
Courtesy of The L3. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
206 Chicago Avenue
Huntington Beach, CA
LIGHTBOX-IMAGES