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Key Details
Sold Price $2,495,000
Property Type Vacant Land
Sub Type Other Residential Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CROC24230372
Sold Date 01/03/25
Originating Board California Regional MLS
Lot Size 5,663 Sqft
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 marina
Location
State CA
County Orange
Area 15 - West Huntington Beach
Zoning LWS,LSR,TNS,SS,SPKT,LV
Exterior
View None
Building
Lot Description Grade - Level
Water District - Public
Others
Tax ID 02315615
Special Listing Condition Not Applicable
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Bought with Elizabeth Do
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Broker | License ID: 02213637
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