$5,000,000
( $10000.00Per Sq Foot )
 $26,841 est/mo Sourced by Back At You

201 2nd Street,Huntington Beach, CA 92648

Huntington Beach, CA 92648

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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 #NP26144129
Listing TypeFor Sale
StyleSpecialpurpose
Sub-TypeResale
StatusActive
Days On Site84
Listing Provided ByCorona Del Mar Properties Inc | Wayne Smith

Features

SQ Feet500
Acreage0.14

Exterior

Lot FeaturesCorner Lot, Rectangular Lot

Utilities

UtilitiesElectricity Connected

Area Information

StateCA
CountyOrange
CityHuntington Beach
Zip Code92648
Area15 West Huntington Beach
Listing VS Median (in 92648)
Price:
$5,000,000
low | high
Med:
$1,262,400
100% of Average
sqft:
500
low | high
Med:
1,422
100% of Average
$ / sqft:
$10,000
low | high
Med:
$921
100% of Average
On site:
84
low | high
Med:
37
100% of Average
Sourced by Back At You

Market Activity 92648

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Learn More About This Property

StateCA
CountyOrange
CityHuntington Beach
Zip Code92648
Area15 West Huntington Beach
Listing VS Median (in 92648)
Price:
$5,000,000
low | high
Med:
$1,262,400
100% of Average
sqft:
500
low | high
Med:
1,422
100% of Average
$ / sqft:
$10,000
low | high
Med:
$921
100% of Average
On site:
84
low | high
Med:
37
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $3.75M - $6.25M
sqft: 375 - 625
Nearby Listings Property ImageNearby Listings Details
214 Walnut Avenue Property Photo 1
$1,050,000
214 Walnut Avenue
Huntington Beach, CA 92648
Listing Updated: August 21, 2026 at 11:58:39 PM PDT