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Matt O'Brien

matt@homecrave.com +1(619) 302-3010

$ 5,000,000

Est. payment | -/mo

6,006 Sqft Lot

Save

$ 5,000,000

Est. payment | -/mo

Save

6,006 Sqft Lot

Key Details

Property Type Commercial

Sub Type Special Purpose

Listing Status Active

Purchase Type For Sale

MLS Listing ID NP26144129

HOA Y/N No

Lot Size 6,006 Sqft

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 is presently 7%, this property has generated 2700 barrels of oil as of 6/30/2026 and $204,000 in GSI

Location

State CA

County Orange

Area 15 - West Huntington Beach

Interior

Fireplace No

Laundry None

Exterior

Utilities Available Electricity Connected

Present Use See Remarks

Building

Lot Description Corner Lot, Rectangular Lot

Water Public

Others

Tax ID 02416530

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Wayne Smith Corona Del Mar Properties Inc 949-300-2215, DRE #00922140

NEARBY SCHOOL & BUSINESS

+1(619) 302-3010

matt@homecrave.com

San Diego, CA 92124

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201 2nd ST Huntington Beach, CA 92648