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206 Chicago Avenue
Huntington Beach CA 92648 US

$3,250,000

Active Listing ID OC24051859
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5 bed
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5.00 Bath (5 Full Bath)
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Lot: 6,534.00 Square Feet
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Apartment

$3,250,000

Active Listing ID OC24051859
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206 Chicago Avenue 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.

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Property Features

  • Facts
  • Lot Size: 6,534.00 Square Feet
  • Property Type: Residential Multi Family
  • Property Sub-type: Apartment
  • Features
  • Full Bathrooms: 5
  • Exterior Finish: Community Features Included: Suburban, Level With Street

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Apartment
  • listprice: 3250000
  • unparsedaddress: 206 Chicago Avenue
  • postalcity: Huntington Beach
  • stateorprovince: CA
  • country: US
  • postalcode: 92648
  • bathroomsfull: 5
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.15
  • lotsizeunits: Square Feet
  • lotsizearea: 6534
  • livingarea: 2400
  • livingareaunits: Square Feet
  • listagentfullname: Matthew Kanoudi
  • listagentemail: mattkanoudi@gmail.com
  • listagentkey: 3yd-MRMLSCA-SKANOMAT
  • listagentmlsid: SKANOMAT
  • listagentpreferredphone: 7146556868
  • listagentofficephone: 7144444663
  • listofficekey: 3yd-MRMLSCA-H03205
  • listagentstatelicense: 01419924
  • listofficemlsid: H03205
  • disclaimer: Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MRMLSCA
  • yearbuilt: 1956
  • listingcontractdate: 2024-03-14
  • listagenturl: http://www.thekanoudigroup.com
  • countyorparish: Orange
  • parcelnumber: 02420320
  • numberofunitstotal: 5
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 5
  • waterfrontyn: False
  • exteriorfeatures: Community Features Included: Suburban, Level With Street
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AlternatePrices":[], "Expenses":[], "Neighborhoods":[], "Taxes":[], "ListPriceCurrencyType":"USD", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/206-Chicago-Ave_Huntington-Beach_CA_92648_M20337-11241?f=listhub&s=MRMLSCA&m=OC24051859&c=rexren", "LeadRoutingEmail":"mattkanoudi@gmail.com", "BrokerName":"Weichman Associates Realtors", "ListingTitle":"Apartment - Huntington Beach, CA", "ListOfficeBrokerMlsId":"SKANOMAT", "ListOfficeEmail":"mattkanoudi@gmail.com", "ListOfficeAddress1":"1503 South Coast Drive No. 130", "ListOfficeAddress2":null, "ListOfficeCity":"Costa Mesa", "ListOfficePostalCode":"92626", "ListOfficeStateOrProvince":"CA", "ListOfficeCountry":"US", "BuilderPhone":null, "BuilderFax":null, "BuilderEmail":null, "UnparsedAddress":null, "UnitNumber":null, "City":null, "StateOrProvince":null, "PostalCode":null, "Country":null, "ListBrokerageName":"Weichman Associates Realtors", "ListBrokeragePhone":"(714) 444-4663", "ListBrokerageEmail":"Larry@weichmanrealtors.com", "ListBrokerageWebsiteUrl":"http://Weichmanrealtors.com", "ListBrokerageLogoUrl":null, "ListBrokerageUnparsedAddress":"1503 south coast drive", "ListBrokerageUnitNumber":"Suite 130", "ListBrokerageCity":"costa mesa", "ListBrokerageStateOrProvince":"CA", "ListBrokeragePostalCode":"92626", "ListBrokerageCountry":"US", "RoomCount":null, "GeocodeOptions":null, "MLSModificationTimestamp":"2024-03-14T13:27:50Z"}
Listing Changed: 3/26/2024 1:45:53 PM GMT
Source Updated Date: 5/3/2024 6:56:11 AM GMT

Courtesy of: Matthew Kanoudi, The L3, mattkanoudi@gmail.com

Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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