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$2,599,900
Est. payment /mo
5,663 Sqft Lot
UPDATED:
12/14/2024 06:58 AM
Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Pending
Purchase Type For Sale
MLS Listing ID OC24230372
HOA Y/N No
Lot Size 5,663 Sqft
Acres 0.13
Property Description
This is an opportunity to buy and hold for future appreciation/redevelopment over the long term or immediate redevelopment in the short term with multiple possibilities: Site is currently two legal lots (25' X 115') and is buildable for two detached 3 story single family homes. No Wells on the site! Recent sales of new and recently constructed homes on similar 25 foot wide lots on the numbered streets range from: $3,325,000 to $3,575,000 (each). Site presently has a Commercial Office Building (with leases ending in December 2024). It is located just two blocks from Pacific Coast Hwy in Downtown Huntington Beach. Rental of the office space offers the purchaser the opportunity to collect cash flow while in the planning phase for the development of two single family homes or possibly the conversion/remodeling of this structure into a custom double lot single family home or... possible small residential income building. The Downtown Huntington Beach lifestyle is fantastic, the climate is wonderful, and all the recreational activities you enjoy are right out the front door: Surfing, kite boarding, beach fun, bike riding, strolls on the sand, golf, parks, and schools are all nearby and just a few miles up PCH is Huntington Harbour which offers paddle boarding, kayaking, and marinas to keep your yacht or rent a Duffy boat for a harbour cruise. Friends and family are eager to visit homeowners in Downtown Huntington Beach to watch the 4th of July Parade/Fireworks, Pacific Air Show, US Open of Surfing, and numerous other events!
This is an opportunity to buy and hold for future appreciation/redevelopment over the long term or immediate redevelopment in the short term with multiple possibilities: Site is currently two legal lots (25' X 115') and is buildable for two detached 3 story single family homes. No Wells on the site! Recent sales of new and recently constructed homes on similar 25 foot wide lots on the numbered streets range from: $3,325,000 to $3,575,000 (each). Site presently has a Commercial Office Building (with leases ending in December 2024). It is located just two blocks from Pacific Coast Hwy in Downtown Huntington Beach. Rental of the office space offers the purchaser the opportunity to collect cash flow while in the planning phase for the development of two single family homes or possibly the conversion/remodeling of this structure into a custom double lot single family home or... possible small residential income building. The Downtown Huntington Beach lifestyle is fantastic, the climate is wonderful, and all the recreational activities you enjoy are right out the front door: Surfing, kite boarding, beach fun, bike riding, strolls on the sand, golf, parks, and schools are all nearby and just a few miles up PCH is Huntington Harbour which offers paddle boarding, kayaking, and marinas to keep your yacht or rent a Duffy boat for a harbour cruise. Friends and family are eager to visit homeowners in Downtown Huntington Beach to watch the 4th of July Parade/Fireworks, Pacific Air Show, US Open of Surfing, and numerous other events!
This is an opportunity to buy and hold for future appreciation/redevelopment over the long term or immediate redevelopment in the short term with multiple possibilities: Site is currently two legal lots (25' X 115') and is buildable for two detached 3 story single family homes. No Wells on the site! Recent sales of new and recently constructed homes on similar 25 foot wide lots on the numbered streets range from: $3,325,000 to $3,575,000 (each). Site presently has a Commercial Office Building (with leases ending in December 2024). It is located just two blocks from Pacific Coast Hwy in Downtown Huntington Beach. Rental of the office space offers the purchaser the opportunity to collect cash flow while in the planning phase for the development of two single family homes or possibly the conversion/remodeling of this structure into a custom double lot single family home or... possible small residential income building. The Downtown Huntington Beach lifestyle is fantastic, the climate is wonderful, and all the recreational activities you enjoy are right out the front door: Surfing, kite boarding, beach fun, bike riding, strolls on the sand, golf, parks, and schools are all nearby and just a few miles up PCH is Huntington Harbour which offers paddle boarding, kayaking, and marinas to keep your yacht or rent a Duffy boat for a harbour cruise. Friends and family are eager to visit homeowners in Downtown Huntington Beach to watch the 4th of July Parade/Fireworks, Pacific Air Show, US Open of Surfing, and numerous other events!
Location
State CA
County Orange
Area Oc - Huntington Beach (92648)
Exterior
Utilities Available Electric
Building
Lot Description Curbs, Sidewalks
Lot Size Range 4000-7499 SF
Others
Monthly Total Fees $37
Miscellaneous Value in Land
Acceptable Financing Cash
Listing Terms Cash
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Listed by Scot Campbell • Coldwell Banker-Campbell Rltrs