Huntington Beach, CA 92648,421 9th Street

$2,216,900

$2,390,000

7.2%
Est.Price: ?

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Est. payment /mo

2,545 SqFt


SOLD DATE : 08/12/2022

Key Details

Sold Price $2,216,900

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,545 sqft

Price per Sqft $871

Subdivision Downtown Area (Down)

MLS Listing ID NP22125065

Sold Date 08/12/22

HOA Y/N No

Year Built 1953

Lot Size 5,863 Sqft

Acres 0.1346

Property Description

Opportunity abounds in this charming, viable, three-unit (triplex), double lot, investor’s dream property in downtown Huntington Beach. Each front unit is two bedrooms and one bathroom; the third unit above the garage is one bedroom and one bathroom. There is a two car garage, parking pad for two additional cars, and shared laundry within the garage. Located mere steps from the ocean and from all of Main Street’s offerings, this property is ideal for years of passive income. Eventual remodeling or complete reconstruction opportunities are endless - anything from simple TLC (some TLC is warranted in the near future), to grand upgrades, to outright razing and conversion into two or more residences via lot splitting, ADUs and/or new SB9 (check with city on full construction potential), creating countless opportunities to rebuild and maximize this prime parcel. Don’t want to spend money on new construction, prefer passive income from day one - not a problem - these beach homes are light and bright with two great month-to-month tenants in-place in the front units and the third unit above the garage will soon be vacant. Reminiscent of classic beach bungalows, with ample front yards and an enormous courtyard space, these properties are a tenants’ dream (and therefore an investors’ opportunity). The street is among the best in all of Huntington Beach, with a true neighborhood feel, complete with friendly neighbors and the occasional lemonade stands. No oil well on this prime parcel! Do not, do not, disturb the wonderful tenants!

Location

State CA

County Orange

Area 15 - West Huntington Beach

Rooms

Ensuite Laundry In Garage

Interior

Laundry Location In Garage

Heating Wall Furnace

Cooling None

Fireplaces Type None

Fireplace No

Laundry In Garage

Exterior

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Biking, Curbs, Gutter(s), Suburban, Sidewalks

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Accessibility None

Total Parking Spaces 2

Private Pool No

Building

Lot Description Front Yard, Lawn, Value In Land

Story Multi/Split

Entry Level Multi/Split

Sewer Public Sewer

Water Public

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 02410610

Acceptable Financing Submit

Listing Terms Submit

Financing Other

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Devin Lucas • Villa Real Estate
Bought with NONE NONE • None MRML
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4040 Barranca Pkwy Suite 150, Irvine, CA, 92604

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