206 Chicago Avenue
206 Chicago Avenue
$3,250,000
5
5
2,400
2,400
$1,354
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,...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.
- Listed by Matthew Kanoudi • DRE #01419924 • Brokerage DRE #01359009 • The L3 • 714-655-6868
Property Details for 206 Chicago Avenue
Parking Spaces Total
5
Private PoolNo
Cooling TypeOther/Remarks
Total Units5.0
Building TypeAttached
Lot Size SourceAssessor
Living Area2400
Assessor Parcel Number024-203-20
Location
LISTING UPDATED: 03/14/2024 06:44 AM
Property Details for 206 Chicago Avenue
Status | Active |
---|---|
MLS # | OC24051859 |
Days on Market | 47 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1956 |
County | Orange County |
Location
Building Information for 206 Chicago Avenue
Building/Complex206 Chicago AveFloor-Stories1Residences-Pet Policy-Year Built1956Building Size-
Payment Calculator
$19,762 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 206 Chicago Avenue
Property History for 206 Chicago Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 206 Chicago Avenue
Taxable ValueLand$1,992,093Additions$98,907Total$2,091,000
Tax Record2023$24,296 ($2,025 / month)
Home Facts
Total Finished SqFt1,426 SqFtAbove Grade Finished SqFt1,426 SqFtStories2Lot Size6,340 SqFtStyleMulti-Family Res (5+ Units)Year Built1956CountyORANGEAPN024-203-20
Schools near 206 Chicago Avenue
This home is within Huntington Beach City Elementary School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | K to 8 |
Rating | School | Distance |
---|---|---|
Agnes L. Smith Elementary School PublicK to 5 | ||
Ethel Dwyer Middle School Public6 to 8 | ||
Huntington Beach High School Public9 to 12 | ||
Kinetic Academy CharterK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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