206 Chicago Avenue, Huntington Beach, California 92648
  • $2,700,000
  • $2,990,000

Overview

Property ID: OC24051859
  • Apartment, Residential Income
  • Property Type
  • 2400 Sqft
  • Area Size
  • 1956
  • Year Built

Description

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.

  • Address: 206 Chicago Avenue
  • City: Huntington Beach
  • State/county: CA
  • Zip/Postal Code: 92648
  • Area: Downtown Area (DOWN)
  • Country: US

Details

Updated on December 5, 2024 at 5:26 am
  • Property ID OC24051859
  • Price $2,700,000
  • Property Size 2400 Sqft
  • Land Area 0.15 Acres
  • Year Built 1956
  • Property Type Apartment, Residential Income
  • Property Status Closed

Additional details

  • Listing Terms Cash, Cash to New Loan, Conventional
  • Sewer Sewer Tap Paid
  • Cooling See Remarks
  • County Orange
  • Property Type Residential Income
  • Pool None
  • Community Features Suburban

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