205 19th Street, Huntington Beach, CA 92648

$2,237,500

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Sold Price
$2,237,500
List Price
$2,340,000
Closing Date
Sep 23, 2024
Status
CLOSED
MLS#
NP24068664
Year Built
1980
Lot Size
5,602
Acres
0.13
Lot Location
0-1 Unit/Acre, Near Public Transit, Rectangular Lot, Street Level, Value In Land
Days on Market
76
Property Type
Multifamily
Property Sub Type
Triplex
Stories
Three Or More Levels
Neighborhood
Downtown Area (Down)

Property Description

Exceptional Development/Investment Opportunity in Huntington Beach: Presenting a unique bundle deal, 201 and 205 19th Street offer double the potential with two adjacent 50-foot lot properties ideally situated in downtown Huntington Beach. Just a couple blocks from the beach and a short walk from Main Street, these properties boast a prime location. The triplexes at 201 and 205 19th Street feature well-maintained units with reliable tenants for immediate rental income. Beyond their current income-generating capacity, the combined lot size and development potential of both properties open doors to lucrative opportunities for expansion or modernization in this highly desirable coastal area. Whether exploring redevelopment, renovation, or strategic upgrades, investors can capitalize on Huntington Beach's robust real estate market. Don't miss out on this rare chance to secure a cash-flowing investment and explore development potential in one of Southern California's most coveted locations. Both properties are being sold together for $4,680,000. Contact us today to seize this outstanding investment package.

Additional Information

Pool Description
None
Garage Spaces Total
3
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
3
Gross Scheduled Income
$90,880
Operating Expense
28306

Listing courtesy of Listing Agent: Brennan Harms (brennan@ppprealty.com) from Listing Office: Michael Harms, Broker.

Listing sold by Brennan Harms from Michael Harms, Broker

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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, 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.