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$5,000,000
Est. payment /mo
6,007 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
Subdivision Downtown Area (Down)
MLS Listing ID NP26203663
Lot Size 6,007 Sqft
Property Sub-Type Lots/Land
Property Description
Rare opportunity to own two side-by-side lots in one of Huntington Beach's most desirable coastal locations. Enjoy ocean views just moments from Pacific City, the iconic Huntington Beach Pier, and only one block from vibrant Main Street with its renowned restaurants, shopping, and entertainment. The property features two producing oil wells generating approximately 5,000 barrels annually, providing consistent cash flow while offering exceptional long-term land value and future development potential (subject to buyer verification and city approvals). Whether you're seeking a strong income-producing investment, a strategic land hold, or a premier redevelopment opportunity, this unique coastal property delivers the best of both worlds in the heart of Surf City USA.This property has generated $204,969.26 January through June and pumped 2700 barrels in the first 6 months. Based upon the income and expenses through June. The cap rate is presently 7%, this property has generated 2700 barrels of oil as of 6/30/2026 and $204,000 in GSI
Location
State CA
County Orange
Direction Coast hwy to second St
Interior
Fireplace No
Exterior
Utilities Available Electric
View Y/N No
Others
Senior Community No
Tax ID 02416530
Acceptable Financing Cash
Listing Terms Cash
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Listed by Wayne Smith, DRE#00922140 Corona Del Mar Properties Inc
NEARBY SCHOOL & BUSINESS
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