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Sherry Ramos

sherry.ramos@engelvoelkers.com +1(818) 429-2793

$ 2,700,000

Est. payment -/mo

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Active

206 Chicago AVE Huntington Beach, CA 92648

2,400 SqFt

UPDATED:

10/14/2024 05:57 PM

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 2,400 sqft

Price per Sqft $1,125

Subdivision Downtown Area (Down)

MLS Listing ID OC24051859

HOA Y/N No

Year Built 1956

Lot Size 6,534 Sqft

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.

Location

State CA

County Orange

Area 15 - West Huntington Beach

Rooms

Ensuite Laundry Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup

Interior

Laundry Location Washer Hookup,Electric Dryer Hookup,Gas Dryer Hookup

Cooling See Remarks

Fireplace No

Laundry Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup

Exterior

Pool None

Community Features Suburban

Total Parking Spaces 5

Private Pool No

Building

Lot Description Street Level

Story 1

Entry Level One

Sewer Sewer Tap Paid

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 02420320

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Standard

Listed by Matthew Kanoudi • The L3 • 714-655-6868

Sherry Ramos

Advisor | License ID: 01271018

+1(818) 429-2793

Sherry Ramos

206 Chicago AVE Huntington Beach, CA 92648

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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206 Chicago AVE