305 17th ST Save Request In-Person Tour Request Virtual Tour
Huntington Beach,CA 92648
Key Details
Property Type Vacant Land
Listing Status Active Under Contract
Purchase Type For Sale
Subdivision Downtown Area (Down)
MLS Listing ID OC24230372
Lot Size 5,662 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 to keep your yacht or rent a Duffy boat for a harbour cruise. Friends and family are eager to visit homeowners in Downtown Huntington Beach to watch the 4th of July Parade/Fireworks, Pacific Air Show, US Open of Surfing, and numerous other events!
Location
State CA
County Orange
Area 15 - West Huntington Beach
Zoning SFR
Exterior
Community Features Biking,Curbs,Dog Park,Golf,Park,Storm Drain(s),Street Lights,Suburban,Sidewalks,Water Sports
Utilities Available Electricity Connected,Sewer Connected,Water Connected
View Y/N No
View None
Building
Lot Description Near Public Transit,Rectangular Lot,Sprinklers Timer,Sprinkler System,Street Level,Value In Land
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash,Cash to Existing Loan
Listing Terms Cash,Cash to Existing Loan
Special Listing Condition Standard