316 2nd, Huntington Beach, CA 92648

Description

Rare opportunity in the heart of Downtown Huntington Beach. 316–318 2nd Street offers an approximately 1,848 square foot duplex situated on an approximately 5,752 square foot lot just blocks from the beach, Pacific City, Main Street, Dining, Shopping and the Huntington Beach Pier.
The property offers flexibility for an investor, owner-user, or buyer looking for a long term coastal real estate opportunity. With two existing units and a sizable Downtown lot, the property provides immediate utility along with potential for future improvements or redevelopment, subject to City of Huntington Beach requirements, zoning, Coastal Commission approval and other applicable regulations. For buyers seeking an even larger opportunity, the adjacent single family residence at 320 2nd Street is also currently offered for sale separately at its current listing price. 320 2nd Street is not included in the purchase price or sale of 316–318 2nd Street. A buyer may have the opportunity to purchase both properties separately, subject to the terms, availability, and separate purchase agreement for 320 2nd Street. Located within the Downtown Specific Plan area, 316–318 2nd Street represents a compelling opportunity to own a substantial piece of property in an increasingly difficult to replicate Downtown Huntington Beach location. Whether held as an income producing property, improved over time or evaluated for future development potential, the property offers exceptional optionality in the center of Surf City USA. Buyer to independently verify square footage, lot size, zoning, development potential, permitted uses, parking, easements, utilities, Coastal requirements and all other property information with the appropriate professionals and governmental agencies.