Active

218 Indianapolis Avenue

Huntington Beach CA, 92648

$2,695,000


$598.89 per sqft

Active

7 Beds

5 Baths

4,500 sqft

Residential

Built in 1976

Listed by Kamfar Kyle Mirrafati with Matthews Real Estate Investment Services 866-889-0550

HUGE PRICED REDUCTION. Don't miss this opportunity! One-of-a-kind Triplex with a huge private custom home in the front and two detached one-bedroom units in the back above the four single car garages. This rare triplex sits on an oversized lot spanning over 7,800 square feet, boasting an impressive 60 feet of frontage, and is a stone's throw away from the beach and Main Street. The centerpiece of this property is the detached stunning, remodeled Spanish-style home. With five bedrooms and three full bathrooms spread across two spacious levels offering an expansive layout that features coffered ceilings, elegant Spanish arches, and an abundance of natural light. The main level hosts two bedrooms and one full bath, an open living and dining area, a chef's kitchen, and a cozy family room complete with a wet bar and fireplace. Upstairs, you'll find three additional bedrooms and two full bathrooms, including an oversized master suite with a spacious floor plan, fireplace, walk-in closet, and ensuite shower & tub combo. The home has been thoughtfully upgraded with brand-new windows and coverings, luxury vinyl flooring, paint, and stainless-steel appliances. The exterior of the property has been equally enhanced featuring a new concrete driveway for three cars, a private deck with all new fencing, and newly installed sprinkler drip system with beautiful water-efficient landscaping featuring a variety of fruit and vegetable plants. In addition to the main house, this property also includes two oversized units tucked away in the back, each with one bedroom that will be delivered vacant and awaiting your personal touch. These units offer ultimate privacy from the main home, with their own entrance through the alley, private single-car garages, shared laundry & BBQ area, and two balconies each. This is a unique opportunity to create a multigenerational living space for your extended family or obtain monthly passive income north of $2,700 per unit. Whether you're an astute investor seeking a lucrative opportunity or an eager homeowner envisioning your forever home with the benefit of two additional units, this property offers boundless potential. With a gross monthly income exceeding $13,400 if fully rented, this is your chance to secure a generational asset in one of the most sought-after locations in Huntington Beach.

24373801

MLS ID

April 9, 2024

Listed

April 25, 2024

Updated

Map

218 Indianapolis Avenue
Huntington Beach CA, 92648

Interior Features

Total Stories

2


Bedrooms

7 Beds


Bathrooms

5 Baths


Appliances

Dishwasher, Microwave


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.18 Acres


Architectual Style

Spanish

Other Property Details

Area Name

15 - West Huntington Beach


Days on Market

16


Garage

Yes


Garage Spaces

4


Parking

Driveway, Private


Parking Total

7


View

No


County

Orange


Pool

No


Buyer Agency Compensation

2%

Listing History

Date

Event

Price

4/23/2024

Price Change

$2,695,000

-5%

Listing Contact: 866-889-0550 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 4/25/2024. 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.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 4/25/2024 at 9:37 PM UTC

 

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