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Listed by Scot Campbell • Coldwell Banker-Campbell Rltrs
$ 2,599,900
Est. payment | /mo
5,663 SqFt
$ 2,599,900
Est. payment | /mo
5,663 SqFt
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Pending
Purchase Type For Sale
Square Footage 5,663 sqft
Price per Sqft $459
MLS Listing ID CROC24230372
HOA Y/N No
Originating Board Datashare California Regional
Lot Size 5,663 Sqft
Property Description
This is an opportunity to buy and hold for future appreciation/redevelopment over the long term or immediate redevelopment in the short term with multiple possibilities: Site is currently two legal lots (25' X 115') and is buildable for two detached 3 story single family homes. No Wells on the site! Recent sales of new and recently constructed homes on similar 25 foot wide lots on the numbered streets range from: $3,325,000 to $3,575,000 (each). Site presently has a Commercial Office Building (with leases ending in December 2024). It is located just two blocks from Pacific Coast Hwy in Downtown Huntington Beach. Rental of the office space offers the purchaser the opportunity to collect cash flow while in the planning phase for the development of two single family homes or possibly the conversion/remodeling of this structure into a custom double lot single family home or... possible small residential income building. The Downtown Huntington Beach lifestyle is fantastic, the climate is wonderful, and all the recreational activities you enjoy are right out the front door: Surfing, kite boarding, beach fun, bike riding, strolls on the sand, golf, parks, and schools are all nearby… and just a few miles up PCH is Huntington Harbour which offers paddle boarding, kayaking, and marinas
Location
State CA
County Orange
Interior
Fireplace No
Exterior
View None
Building
Water Public
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Melanie Peterson-Katz
Partner | Lic# 00890767