Sold
321 22nd Street
Huntington Beach CA, 92648
$2,712,500
$661.42 per sqft
Sold
4,101 sqft
Multi-family
Built in 1973
Listed by Scot Campbell with Coldwell Banker-Campbell Rltrs 714-960-6384
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.
OC24051425
MLSⓇ ID
March 13, 2024
Listed
May 2, 2024
Updated
Map
321 22nd Street
Huntington Beach CA, 92648
Interior Features
Total Stories
2
Laundry Description
Common Area
Floor Description
Carpet
Fireplace
Yes
Fireplace Description
Living Room
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Natural Gas
Exterior/Building Features
Lot Size
0.13 Acres
Lot Features
Sprinklers In Front
Architectual Style
Traditional
Roof
Flat
Sewer
Public Sewer, Sewer Tap Paid
Other Property Details
Area Name
15 - West Huntington Beach
Days on Market
15
Garage
Yes
Garage Spaces
6
Parking
Garage
Parking Total
8
View
No
View Description
None
County
Orange
Water Source
Public
Pool
No
Pool Features
None
Buyer Agency Compensation
2%
Listing History
Date | Event | Price |
---|---|---|
5/1/2024 | Sold | $2,712,500 |
4/24/2024 | Pending | — |
3/29/2024 | Under Contract | — |
Listing Contact: 714-960-6384
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 5/2/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 5/2/2024 at 12:16 AM UTC