212 15th Street Huntington Beach, CA 92648
Listing Courtesy of: CRMLS / Coldwell Banker Campbell Realtors / Scot Campbell - Contact:  714-336-0394

  212 15th Street Huntington Beach, CA 92648

Active (42 Days)
$4,000,000

Description

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.

MLS #:
OC24051075
Lot Size
7,841 SQFT
Type
Multifamily
Year Built
1970
Style
Traditional
County
Orange County
Community
Downtown Area (Down)

Listed By

Scot Campbell, Coldwell Banker Campbell Realtors, Contact: 714-336-0394
Source
CRMLS
Last checked Apr 24 2024 at 7:01 AM GMT+0000
Bathroom Details
Interior Features
  • Laundry: Common Area
Subdivision
  • Downtown Area (down)
Lot Information
  • Rectangular Lot
Heating and Cooling
  • Natural Gas
Exterior Features
  • Roof: Flat
Utility Information
  • Utilities: Water Source: Public, Natural Gas Connected, Electricity Connected, Water Connected, Cable Connected, Sewer Connected
  • Sewer: Sewer Tap Paid
Parking
  • Driveway
  • Garage
Stories
  • 2
Additional Listing Info
  • Buyer Brokerage Commission: 2.000
Location
   
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Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of 2/22/23 10:28 and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.