Listed By:
Kamfar Kyle Mirrafati with Matthews Real Estate Investment Services;
Address
218 Indianapolis Avenue, Huntington Beach, CA
Price
$ 2,535,000
Property Attributes
  • MLS#24379941
  • TypeSingle Family
  • CountyORANGE
  • CityHuntington Beach
  • AreaWest Huntington Beach
  • Zip92648
  • StyleSpanish
  • Price$ 2,535,000
  • Bedrooms7
  • Full Bathrooms5
  • Half Bathrooms0
  • Sqr Footage4500
  • Lot Size0.18 Acres
Data Source:
California Regional MLS (CRMLS)
Property Description

HUGE PRICE ADJUSTMENT! MOTIVATED SELLERS! They have secured a property to purchase so don't miss this opportunity to acquire one of the lowest cost per sqft properties in Huntington Beach! 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.

Price History
4/14/2024 Listed $2,835,000
4/23/2024 5% - $2,695,000
5/13/2024 2% - $2,645,000
5/14/2024 5% - $2,535,000

General Features

Heating Central
Cooling None
Appliances Dishwasher
Garage Spaces 4.0
Architectural Style Spanish
Pool Features None
Year Built 1976
View None
Stories 2
Levels Two
Property SubType SingleFamilyResidence
County Orange
New Construction No
Property Type Residential
HOA / Comm Assn No
Attached Garage No
Garage Y/N Yes
Other Structures GuestHouse
Special Listing Conditions Standard
Status Active
Directions See Google Maps
City Huntington Beach
View Y/N No
Senior Community Y/N No
Open Parking Spaces 3.0
MLS Area 15 - West Huntington Beach
Lot Size Square Feet 7841.0
Private Pool No
Waterfront Y/N No
Carport Y/N No
Street Name Indianapolis
Spa Features None
Property Attached Y/N No
Land Lease Y/N No
Home Warranty Y/N No
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Days on Market 40
Standard Status Active
Year Built Source Estimated
Property Sub Type Additional SingleFamilyResidence
MobileHomeRemainsYN No

Interior Features

Furnished Y/N Unfurnished
Fireplace Features Gas
Total Stories 2
Common Walls NoCommonWalls
Basement (Y/N) No
Air Conditioning Y/N No
Heating Y/N Yes
Fireplace Y/N Yes
Full Baths 5
Street Suffix Avenue
Total Bedrooms 7
Electric On Property Y/N No
LivingAreaSource Estimated
Total Baths 5

Exterior Features

Parking Features DoorSingle,Driveway,Garage
Total Parking 7.0
Lot Size Area 7841.0
Spa No
Building Area Total 4500.0
Lot Dimensions 60x128
Lot Size Acres 0.18
Lot Size Units SquareFeet
Lot Size Source Estimated
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 92648

Price
AVG $2.55M
$2.54M
Visits
AVG 393
169
Data Provided by Inside Real Estate®
Year Built
AVG 1989
1976