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$2,990,000
5 bed
5 bath
0 Sqft
6,534 Sqft lot

206 Chicago Avenue, Huntington Beach, California 92648

  • Residential Income Property Type
  • 110 Days Time on market
  • 1956 Year Built
Property 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.

Basic Details
Residential Income
Buy
OC24051859
$2,990,000
5
5
0 Sqft
1956
6,534 Sqft
Active
Apartment
Houses
Features
: Seeremarks
: Suburban
5
$0
: Sewertappaid
Address
CA
Orange
Huntington Beach
92648
206 Chicago Avenue
206
Avenue
0
W118° 0' 13.8''
N33° 39' 33''
Additional Information
110
1
1
1
: One
1
: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
0
2,400 Sqft
1
0 Sqft
0 Sqft
0.15 Sqft
6,534 Sqft
1
: 2+ Common Walls
0 Sqft
02420320
$0
$0
$0
$0
$0
$0
0 Sqft
1
0 Sqft
$0
1
14/03/2024 13:27:50
$3,250,000
: Standard
Cash,CashtoNewLoan,Conventional
Off of Chicago and Alabama
Destrahan
Harry Hurst
The L3
Matthew Kanoudi
H03205
SKANOMAT
$0
48
1
: Streetlevel
1
Downtown Area (DOWN)
1
: Square Feet
: Community Apartment
yes
2
5
5
1
5
202
18
160200
US-06059-N-02420320-R-N
Apartment
14/03/2024 20:39:20
Chicago
15 - West Huntington Beach
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