201 2nd Street, Huntington Beach, CA 92648

$5,800,000

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List Price
$5,800,000
Status
ACTIVE
MLS#
NP26144129
Lot Size
6,007
Acres
0.14
Lot Location
Corner Lot, Rectangular Lot
Days on Market
25
Property Type
Commercial
Property Sub Type
Special Purpose

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 would be 5.91 Presently, this property has generated 2700 barrels of oil as of 6/30/2026 and $204,000 in GSI

Additional Information

Water
None
Attached Structure
Detached
Gross Scheduled Income
$408,000

Listing courtesy of Listing Agent: Wayne Smith (wayne@coronadelmarproperties.com) from Listing Office: Corona Del Mar Properties Inc.

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.