517 Walnut Ave - Apartments FOR SALE


Huntington Beach, CA 92648- Downtown Huntington Beach
$5,995,000 USD
951-756-0448
517 Walnut Ave, Huntington Beach, CA for Sale
$5,995,000 USD
Apartments - FOR SALE
1/2
null | 5.02% Cap Rate

517 Walnut Ave
Huntington Beach, CA 92648
Downtown Huntington Beach


HIGHLIGHTS

  • (7) Units, (1) SFR & (2) Retail Spaces
  • First Time Property Has Been Offered for Sale
  • Partially Historical - 2 of the 4 Lots Contain Historical Buildings Listed in the California and National Registries, Built 1940, 1904 & 1880
  • Redevelopment/Restoration Opportunity
  • Desirable Coastal Location (Walk Score: 90)

OVERVIEW

Rare mixed-use investment opportunity in the heart of Downtown Huntington Beach. Spanning four contiguous lots totaling approximately 12,500 SF, the property features (7) apartment units, (1) single-family home, and (2) retail spaces across three buildings. Two parcels include historically designated structures. Just steps from the beach and the Huntington Beach Pier, 517 Walnut Avenue offers exceptional long-term value and repositioning potential in a premier coastal market.

FOR SALE DETAILS

PRICE

$5,995,000 USD

PRICE/SF

$683 USD /SF

# OF UNITS

10

PRICE/UNIT

$599,500

CAP RATE

5.02%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1880

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,500 SF

ZONING

SP

APN/PARCEL ID

024-153-25

ASK ABOUT THIS PROPERTY

951-756-0448

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

951-756-0448

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.