206 Chicago Avenue
Huntington Beach, CA 92648
- – beds
- – baths
- – sqft
- 6,534 sqft lot
- 1956 build
- – on site
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.
Last checked:
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Last updated Nov 12, 2024
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MLS# OC24051859 —
The Building
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Year Built:1956
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Year Built Source:Appraiser
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New Construction:No
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Entry Level:1
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Common Walls:2+ Common Walls
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Building Area Total:2400.00
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Building Area Units:Square Feet
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# of Buildings:2
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Total Number Of Units:5
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Stories Total:1
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# of Separate Gas Meters:5
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# of Separate Water Meters:1
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# of Separate Electric Meters:5
Interior
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Levels:One
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Entry Location:1
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Laundry:Gas & Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
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Laundry:1
Location
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Directions:Off of Chicago and Alabama
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Latitude:33.65916700
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Longitude:-117.99616400
The Property
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Property Type:Residential Income
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Subtype:Apartment
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Lot Features:Level with Street
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Lot Size Area:6534.0000
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Lot Size Acres:0.1500
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Lot Size SqFt:6534.00
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Lot Size Source:Assessor
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Property Attached:1
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Block:202
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Tax Census Tract:993.06
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Tax Tract:813
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Tax Lot:18
The Listing
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Special Listing Conditions:Standard
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Parcel Number:02420320
Heating & Cooling
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Cooling:Yes
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Cooling:See Remarks
Utilities
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Sewer:Sewer Paid
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Water Source:Public
The Community
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Subdivision:Downtown Area (DOWN)
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Subdivision:Downtown Area (DOWN)
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Senior Community:No
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Features:Suburban
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Pool:None
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Private Pool:No
Parking
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Parking Spaces:5.00
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Uncovered Spaces:5.00
Extra Units
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Average 1 Bed Area:480
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
11/12/24
Nov 12, 2024
|
Sold Subject To Contingencies | CRMLS_CA | $2,700,000 | |
|
9/3/24
Sep 3, 2024
|
Price Changed | CRMLS_CA | $2,700,000 | -9.7% |
|
5/1/24
May 1, 2024
|
Price Changed | CRMLS_CA | $2,990,000 | -8.0% |
