Sold
Closed
212 15th Street
Huntington Beach CA, 92648
$3,850,000
$588.87 per sqft
Sold
Closed
6,538 sqft
Multi-family
Built in 1970
Listed by Scot Campbell with Coldwell Banker-Campbell Rltrs 714-336-0394
212 15th Street in Downtown Huntington Beach is a rare offering being just 1.5 blocks from the beach. It is located in the 200 block (two 25 foot lots + 15 foot portion of adjacent lot). This is an owner-user area with the majority of nearby dwellings being condominiums from $1,000,000 to $1,500,000 and SFRs in the $1,750,000,000 to $6,000,000 range. High income tenants are naturally drawn to the area by nearby attractions including: The soft sands & ridable waves of Surf City, blufftop park/bike path, Beach Playground, Pier, Main Street Village, restaurants, shopping, entertainment, and numerous events (4th of July parade & fireworks, US Open of Surfing, Pacific Airshow, & more). This is the first time the property has been offered for sale in 40 years and is arguably the best (small residential income) investment opportunity for upside rental potential in coastal Orange County. The mix of units includes (five) 2 BR - 1BA units, (three) 1BR - 1BA units. 8 Garage Spaces + 4 Open Spaces. Built in 1970, and individually metered for gas & electric. The building is only 6 blocks from award winning Elementary & Middle Schools - 10 blocks from Huntington Beach High School (which offers the Academy of Performing Arts and Nationally Ranked athletics programs). Fantastic upside potential - Current rents can be increased significantly to estimated market levels. Contact Listing Agent for rental projections. Given its proximity to beach and Main Street Village, this offering represents an attractive opportunity to rehab and substantially increase rental income for the long term income property investor.
OC24051075
MLSⓇ ID
March 13, 2024
Listed
October 6, 2024
Updated
Map
212 15th Street
Huntington Beach CA, 92648
Interior Features
Total Stories
2
Laundry Description
Common Area
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Natural Gas
Exterior/Building Features
Lot Size
0.18 Acres
Lot Features
Rectangular Lot
Architectual Style
Traditional
Roof
Flat
Sewer
Sewer Tap Paid
Other Property Details
Area Name
15 - West Huntington Beach
Days on Market
50
Garage
Yes
Garage Spaces
8
Parking
Driveway, Garage
Parking Total
12
View
No
View Description
None
County
Orange
Water Source
Public
Pool
No
Pool Features
None
Listing History
Date | Event | Price |
---|---|---|
7/17/2024 | Sold | $3,850,000 |
6/4/2024 | Pending | — |
5/2/2024 | Under contract | — |
4/17/2024 | Active | — |
4/10/2024 | Under contract | — |
Listing Contact: 714-960-6384
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/6/2024. 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.
©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.
Data last updated on 10/6/2024 at 12:52 PM UTC