201 2nd Street,Huntington Beach, CA 92648
Huntington Beach, CA 92648
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
Details
| MLS # | NP26203663 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 7 |
| Listing Provided By | Corona Del Mar Properties Inc | Wayne Smith |
Features
| Zoning | Mixed Use |
|---|---|
| Acreage | 0.14 |
| Property View | Yes |
Exterior
| Lot Features | Corner Lot, Rectangular Lot, Street Level |
|---|
Utilities
| Utilities | Electricity Connected |
|---|
Location
| Community Features | Curbs, Sidewalks, Urban |
|---|
Area Information
| State | CA |
|---|---|
| County | Orange |
| City | Huntington Beach |
| Zip Code | 92648 |
| Area | 15 West Huntington Beach |
| Community Name | Downtown Area (DOWN) |
| Listing VS Median (in Downtown Area (DOWN)) | |
Price: $5,000,000 low | high Med: $1,625,000 On site: 7 low | high Med: 23 | |
Market Activity 92648
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Learn More About This Property
| State | CA |
|---|---|
| County | Orange |
| City | Huntington Beach |
| Zip Code | 92648 |
| Area | 15 West Huntington Beach |
| Community Name | Downtown Area (DOWN) |
| Listing VS Median (in Downtown Area (DOWN)) | |
Price: $5,000,000 low | high Med: $1,625,000 On site: 7 low | high Med: 23 | |
