Active
206 Chicago Avenue
Huntington Beach CA, 92648
$2,990,000
$1,245.83 per sqft
Active
2,400 sqft
Condo
Built in 1956
Listed by Matthew Kanoudi with The L3 714-444-4663
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.
OC24051859
MLSⓇ ID
March 14, 2024
Listed
May 9, 2024
Updated
Map
206 Chicago Avenue
Huntington Beach CA, 92648
Interior Features
Total Stories
1
Laundry Description
Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
Fireplace
No
Cooling
Yes
Cooling Description
See Remarks
Heating
No
Exterior/Building Features
Lot Size
0.15 Acres
Lot Features
Street Level
Sewer
Sewer Tap Paid
Other Property Details
Area Name
15 - West Huntington Beach
Days on Market
48
Garage
No
Parking Total
5
View
No
County
Orange
Water Source
Public
Pool
No
Pool Features
None
Buyer Agency Compensation
2%
Listing History
Date | Event | Price |
---|---|---|
5/1/2024 | Price Change | $2,990,000 -8% |
Listing Contact: 714-444-4663
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 5/9/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 5/9/2024 at 3:40 PM UTC