321 22nd Street in Downtown Huntington Beach was one of the last double (50 foot) lot fourplexes constructed on the Downtown Numbered Streets before custom builders switched to the development of 2 & 3 story SFRs constructed on 25 foot wide lots. Most fourplexes built in the area are in the 3600 to 3900 square foot range; however, this building is 4101 square feet due to an excellent design & rear 2nd floor cantilever. There are 3 fourplexes on the 300 block of 22nd St, the other structures both in front and behind are single lot SFRs (which are valued in the $1.75 to $2.5 million range). This building defines a fourplex which is suitable for an “owner-user” who intends to occupy one of the units (full time or as a "beach close" second home). High income tenants are naturally drawn to the area by nearby attractions including: The soft sands & ridable waves of Surf City, blufftop park/bike path, Beach Playground, Pier, Main Street Village, restaurants, shopping, entertainment, & numerous events (4th of July parade & fireworks, US Open of Surfing, Pacific Airshow, & more). The building next door 317 22nd Street is also available. This is the first time these properties (317 & 321 22nd St) have been offered for sale in 40 years. They are arguably the best owner user quality buildings that have come on the market in several years. The mix of units includes (two) 3 BR – 2.5 BA units, (one) 2 BR – 1 Ba unit, and (one) 1BR – 1BA unit. Each 3 bedroom unit has two garage spaces, and there is one garage space each for the other two units (for a total of 6 garage spaces). There is onsite parking for two additional cars. Built in 1973, and individually metered for gas & electric. The building is only 6 blocks from award winning Elementary & Middle Schools – 10 blocks from Huntington Beach High School (which offers the Academy of Performing Arts and Nationally Ranked athletics programs). Fantastic upside potential - Current rents can be increased significantly to estimated market levels. Contact Listing Agent for rent comparables. Given its proximity to beach, pier, and Main Street Village, this offering represents an attractive opportunity to rehab and substantially increase rental income for the long term income property investor or owner occupant. The location & two large 3 bedroom “front” units makes these buildings “ideal” for partnerships. Note: 317 22nd Street is a “model match” building with same footprint & floorplans on the same size (50’ X 115’) lot.
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
| Date | Details | Change |
|---|---|---|
| Status Changed from Pending to Closed | – | |
| Status Changed from Active Under Contract to Pending | – | |
| Status Changed from Active to Active Under Contract | – |
Based on information from California Regional Multiple Listing Service, Inc. as of May 1st, 2024 at 4:15pm 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.
