This developable site consists of two side-by-side 25 X 105 foot oceanfront lots facing Pacific Coast Hwy with excellent ocean views. The property has a General Plan land use designation of MV-F8-d-sp and a zoning designation SP5-O-CZ. Permitted uses include three stories + rooftop deck configured into: Multi-Family up to 4 units, boutique hotel, or two “Live Work” SFRs. A Live Work SFR was completed recently on a single 25 X 105 lot at 716 PCH (approx. 2,520 SF of living area, 400 SF of retail, 655 SF garage, 594 SF of balconies/roof deck) and serves as an example of this development option. This property is located in the Downtown Huntington Beach resort area within a few blocks of 30+ restaurants, hotels, stores, shops, entertainment, and the Huntington Beach Pier. The soft sands and rideable waves of Surf City are directly across the street. The oil wells on the site have been capped to facilitate development without delay. This is a unique opportunity to construct a highly desirable oceanfront development with substantial future upside thanks to the on-going improvements taking place in Downtown Huntington Beach.
Cable Available, Natural Gas Available, Sewer Connected, Telephone - On Property, Water Connected
|Price Reduced||$2,699,900||$100,100 (3.58%)|
|Price Increased||$2,800,000||$50,000 (1.82%)|
|Price Increased||$2,850,000||$100,000 (3.64%)|
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|Active Under Contract||–||–|
|Back Up Offer||–||–|
|Price Reduced||$2,750,000||$250,000 (8.33%)|
|Back Up Offer (from Active)||–||–|
|Price Reduced (from $3,300,000)||$3,000,000||$300,000 (9.09%)|
Based on information from California Regional Multiple Listing Service, Inc. as of September 23rd, 2017 at 12:20am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.