FOR SALE
Listed by Matthew Kanoudi, The L3, (714) 444-4663
206 Chicago Ave
Huntington Beach, CA 92648
Downtown
5 Beds
5 Baths
2,400 sqft
- 5 Beds
- 5 Baths
- 2,400 sqft
5 Beds
5 Baths
2,400 sqft
Local Information
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Commute Destination
Description
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.
Home Highlights
Parking
5 Parking Spaces
Outdoor
No Info
A/C
Cooling only
HOA
None
Price/Sqft
$1,354
Listed
33 days ago
Home Details for 206 Chicago Ave
Interior Features |
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Interior Details Number of Rooms: 1Types of Rooms: Bedroom 1 |
Beds & Baths Number of Bedrooms: 5Number of Bathrooms: 5 |
Appliances & Utilities Laundry: Gas & Electric Dryer Hookup,Gas Dryer Hookup,Washer Hookup |
Heating & Cooling Has CoolingAir Conditioning: See Remarks |
Windows, Doors, Floors & Walls Common Walls: 2+ Common Walls |
Levels, Entrance, & Accessibility Stories: 1Number of Stories: 1Levels: OneEntry Location: 1 |
Exterior Features |
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Exterior Home Features No Private Pool |
Parking & Garage Open Parking Spaces: 5No GarageParking Spaces: 5 |
Pool Pool: None |
Frontage Not on Waterfront |
Water & Sewer Sewer: Sewer Paid |
Surface & Elevation Elevation Units: Feet |
Days on Market |
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Days on Market: 33 |
Property Information |
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Year Built Year Built: 1956 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Not a New ConstructionAttached To Another StructureNo Additional Parcels |
Property Information Parcel Number: 02420320 |
Price & Status |
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Price List Price: $3,250,000Price Per Sqft: $1,354 |
Active Status |
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MLS Status: Active |
Location |
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Direction & Address City: Huntington BeachCommunity: Downtown Area (DOWN) |
Agent Information |
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Listing Agent Listing ID: OC24051859 |
Building |
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Building Area Building Area: 2400 Square Feet |
Community |
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Community Features: SuburbanNot Senior Community |
HOA |
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Association for this Listing: California Regional MLS |
Lot Information |
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Lot Area: 6534 sqft |
Listing Info |
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Special Conditions: Standard |
Compensation |
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Buyer Agency Commission: 2Buyer Agency Commission Type: % |
Notes The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed |
Business |
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Expense Tenant Pays: Electricity, Gas |
Rental |
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No Rent Control |
Miscellaneous |
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Mls Number: OC24051859Attribution Contact: 714-655-6868 |
Additional Information |
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Suburban |
Last check for updates: 1 day ago
Listing Provided by: Matthew Kanoudi DRE #01419924, (714) 655-6868
The L3
Originating MLS: California Regional MLS
Source: CRMLS, MLS#OC24051859
Price History for 206 Chicago Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 03/14/2024 | $3,250,000 | Listed For Sale | CRMLS #OC24051859 |
| 05/03/2022 | $2,050,000 | Sold | CRMLS #OC22021824 |
| 04/21/2022 | $2,250,000 | Pending | CRMLS #OC22021824 |
| 03/10/2022 | $2,250,000 | Contingent | CRMLS #OC22021824 |
| 03/07/2022 | $2,250,000 | PendingToActive | CRMLS #OC22021824 |
| 02/25/2022 | $2,250,000 | Contingent | CRMLS #OC22021824 |
| 02/18/2022 | $2,250,000 | PendingToActive | CRMLS #OC22021824 |
| 02/11/2022 | $2,250,000 | Contingent | CRMLS #OC22021824 |
| 02/10/2022 | $2,250,000 | Listed For Sale | CRMLS #OC22021824 |
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Comparable Sales for 206 Chicago Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.48 | Multi-Family Home | $1,650,000 | 10/06/23 | 5 | 5 | 2,908 | |
0.32 | Multi-Family Home | $2,700,000 | 12/13/23 | 7 | 6 | 4,442 | |
0.65 | Multi-Family Home | $1,810,000 | 09/12/23 | 7 | 6 | 3,400 | |
0.67 | Multi-Family Home | $1,500,000 | 11/28/23 | 6 | 3 | 2,322 | |
1.08 | Multi-Family Home | $1,687,000 | 07/07/23 | 6 | 4 | 2,644 | |
1.07 | Multi-Family Home | $1,651,138 | 04/11/24 | 6 | 4 | 2,633 | |
1.16 | Multi-Family Home | $1,600,000 | 11/06/23 | 6 | 5 | 3,057 | |
1.16 | Multi-Family Home | $1,600,000 | 11/06/23 | 6 | 5 | 3,057 | |
0.94 | Multi-Family Home | $2,200,000 | 03/21/24 | 10 | 8 | 4,300 | |
0.40 | Multi-Family Home | $5,000,000 | 04/04/24 | 3 | 15 | 7,672 |
What Locals Say about Downtown
- Erick.paulson
- Resident
- 3y ago
"Dog beach where you can take your dog for a walk and hang out at the beach with other dogs and dog owners "
- Angelia S.
- Resident
- 3y ago
"This neighborhood is close to the beach and has plenty of near-by entertainment. There is a local liquor store and plenty of restaurants. "
- Kkonstruction
- Resident
- 3y ago
"Me neighborhood is great with public transportation. There is a local bus right through the neighborhood on Seventeenth. "
- Tori L.
- Resident
- 3y ago
"The city community really feels united. The citizens seem polite anywhere you go and the beach is always a great place to spend the day. "
- Nancy K.
- Resident
- 3y ago
"We just moved here a couple months ago and feel very welcome. Love the neighborhood downtown HB. We can walk to restaurants, shops and the ocean. "
- Davidjbarnett
- Resident
- 4y ago
"Weekly street fair on Tuesday’s that is very walkable. They have live music or performances which are entertaining."
- Reneekillelea
- Resident
- 4y ago
"you can walk to the beach and on a clear day you can turnaround and see the mountains. perfect weather "
- Davidjbarnett
- Resident
- 4y ago
"It’s a particularly special place in the winter, when there are no tourist and you get to know the locals in the community. Summer holidays are quite unique here too."
- Davidjbarnett
- Resident
- 4y ago
"Public transportation is only by bus and very slow from what I hear. If you live in this area, you definitely need a car to get around. "
- Charlena D. L.
- Resident
- 4y ago
"we have to beat right across the street we have dog beach right three streets down Main Street which has farmers market and all of our restaurants and the running trail is at the beach for biking or running or walking and the beach being walking distance can't beat it"
- KL
- Resident
- 5y ago
"Fireworks year round can be fun, or not. Street lights constantly go out for entire blocks. HB is great community of people."
- Eric G
- Resident
- 5y ago
"Walk the area and the beach I just a short walk downtown Great restaurants and surf city USA is clean and family oriented "
- Chris M.
- Resident
- 5y ago
"Lived and worked in the area since 2015. Nice area and great beach community. Locals are awesome and makes it feel like a small town. "
- Nikosusanto
- Visitor
- 6y ago
"Party all the time. Specially on summer it was crazy. Can not even park my car. But over all is a good place "
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Matthew Kanoudi, The L3
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2024-01-24 10:53:37 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Based on information from California Regional Multiple Listing Service, Inc. as of 2024-01-24 10:53:37 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.