1502-1506 Pecan Ave 3 Unit Apartment Building $2,395,000 ($798,333/Unit) Huntington Beach, CA 92648
INVESTMENT HIGHLIGHTS
- Prime Downtown Location
- Lot can be divided into single parcels
- Each Unit comes with private parking and outdoor space
- Perfect for development or investment
EXECUTIVE SUMMARY
Prime Corner Lot in Downtown Huntington Beach – Ideal Investment Opportunity
Located just 5 blocks from the iconic Huntington Beach, this exceptional corner lot offers immense potential. Zoned for flexibility, the lot can be divided into single parcels, perfect for development or investment. The property is situated in one of the most sought-after rental markets, with high demand for both short-term and long-term rentals.
The location couldn't be more convenient: only 5 blocks from the beach, 10 blocks from vibrant shopping areas, and surrounded by top-rated schools. Each unit features private garages and fenced-in yards, providing tenants with both privacy and convenience. Some renovations were completed when long-term tenants moved in 6 years ago, ensuring that the units are in good condition.
Key Features:
Prime Downtown Location – Just 5 blocks from Huntington Beach and 10 blocks from shopping and dining
Flexible Zoning – Can be divided into single lots, ideal for development or investment
Popular Rental Area – High demand for rentals in this coastal community
Private Garages & Yards – Each unit comes with private parking and outdoor space
Close to Schools – Conveniently located near top-rated schools for families
Whether you’re an investor looking for a lucrative rental property or a developer seeking your next project, this Huntington Beach corner lot offers the perfect blend of location, convenience, and potential.
Located just 5 blocks from the iconic Huntington Beach, this exceptional corner lot offers immense potential. Zoned for flexibility, the lot can be divided into single parcels, perfect for development or investment. The property is situated in one of the most sought-after rental markets, with high demand for both short-term and long-term rentals.
The location couldn't be more convenient: only 5 blocks from the beach, 10 blocks from vibrant shopping areas, and surrounded by top-rated schools. Each unit features private garages and fenced-in yards, providing tenants with both privacy and convenience. Some renovations were completed when long-term tenants moved in 6 years ago, ensuring that the units are in good condition.
Key Features:
Prime Downtown Location – Just 5 blocks from Huntington Beach and 10 blocks from shopping and dining
Flexible Zoning – Can be divided into single lots, ideal for development or investment
Popular Rental Area – High demand for rentals in this coastal community
Private Garages & Yards – Each unit comes with private parking and outdoor space
Close to Schools – Conveniently located near top-rated schools for families
Whether you’re an investor looking for a lucrative rental property or a developer seeking your next project, this Huntington Beach corner lot offers the perfect blend of location, convenience, and potential.
PROPERTY FACTS
| Price | $2,395,000 |
| Price Per Unit | $798,333 |
| Sale Type | Investment |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 2,700 SF |
| No. Stories | 1 |
| Year Built | 1962 |
UNIT AMENITIES
- Washer/Dryer Hookup
- Yard
SITE AMENITIES
- Fenced Lot
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 3 | $2,325 | - |
1 of 1
Walk Score®
Very Walkable (77)
Bike Score®
Biker's Paradise (95)
PROPERTY TAXES
| Parcel Number | 023-148-12 | Improvements Assessment | $104,682 |
| Land Assessment | $669,593 | Total Assessment | $774,275 |
