Huntington Beach, CA 92648 201 2nd Street
$5,800,000


Presented By: Wayne Smith with Corona Del Mar Properties Inc; 949-300-2215
Home Details
Rare opportunity to own two side-by-side lots in one of Huntington Beach's most desirable coastal locations. Enjoy ocean views just moments from Pacific City, the iconic Huntington Beach Pier, and only one block from vibrant Main Street with its renowned restaurants, shopping, and entertainment.
The property features two producing oil wells generating approximately 5,000 barrels annually, providing consistent cash flow while offering exceptional long-term land value and future development potential (subject to buyer verification and city approvals). Whether you're seeking a strong income-producing investment, a strategic land hold, or a premier redevelopment opportunity, this unique coastal property delivers the best of both worlds in the heart of Surf City USA.This property has generated $204,969.26 January through June and pumped 2700 barrels in the first 6 months. Based upon the income and expenses through June. The cap rate would be 5.91
Presented By: Wayne Smith with Corona Del Mar Properties Inc; 949-300-2215
Interior Features for 201 2nd Street
Other Interior Features
Laundry FeaturesNone
Total Stories
Other Rooms
Entry Level
General for 201 2nd Street
Additional Parcels Descriptionlots 1 and 3
Additional Parcels Y/NNo
Building Area UnitsSquare Feet
Cap Rate5.91
CityHuntington Beach
CountyOrange
Current UseSee Remarks
DirectionsCoast hwy to second St
Land Lease Y/NNo
Listing TermsCash, Cash to New Loan
Lot Size Square Feet6007
Lot Size UnitsSquare Feet
MLS Area15 - West Huntington Beach
Occupancy TypeVacant
PostalCityHUNTINGTON BEACH
Property Sub Type AdditionalSpecial Purpose
Property SubtypeSpecial Purpose
Property TypeCommercial Sale
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
UtilitiesWater Not Available
Exterior for 201 2nd Street
Building Area Total1000
Lot FeaturesCorner Lot, Rectangular Lot
Lot Size Acres0.1379
Lot Size Area6007
Lot Size SourceAssessor
Number of Buildings0
Water SourceNone
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Josh Russell
Realtor®

SQFT • 1,000