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.
You are viewing the for at 206 Chicago Avenue with the MLS® OC24051859 on Previewochomes.com. This at 206 Chicago Avenue, . 92648 is located in the Downtown Area (DOWN) subdivision and is currently for featuring a 6534 sq.ft. lot and listed for sale at $2,700,000. This for at 206 Chicago Avenue with the MLS® # OC24051859 has been listed since 2024-03-14.
Please contact us for additional information and assistance.
| Date | Details | Change |
|---|---|---|
| Price Reduced from $2,990,000 to $2,700,000 | $290,000 (9.70%) | |
| Price Reduced from $3,250,000 to $2,990,000 | $260,000 (8.00%) |
Based on information from California Regional Multiple Listing Service, Inc. as of September 15th, 2024 at 1:20pm PDT. 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.
Property Listed By: Matthew Kanoudi of The L3
