1111 Olive Avenue A & B, Huntington Beach, California 92648, Huntington Beach, - bed, bath

home-pic
ACTIVE UNDER CONTRACT$1,299,000
1111 Olive Avenue A & B, Huntington Beach, California 92648
1Bed
2Baths
846Sqft
2,614Lot
Year Built
1920
Close
-
List price
$1.3M
Original List price
$1.3M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
OC25234982
Home ConditionTear down
Features
Good View: Neighborhood
ViewNeighborhood

About this home

LOCATION LOCATION!!! PRIME BEACH-CLOSE LOCATION! 1111 OLIVE AVENUE IS A FABULOUS OPPORTUNITY in Downtown Surf City USA! This 1920 DUPLEX Bungalow is on the open market for the first time since it was built. This duplex property consists of 2 studio units, each with an efficiency kitchen, 2 bathrooms, and 2 spacious living rooms with alcove sleeping areas. Services are in the alley.. SEWER LINE WAS REPLACED FROM THE ALLEY TO THE PROPERTY LINE in 2019. **CASH OFFERS ONLY**. It is intended to be sold along with 228 12th Street/1113 Olive Avenue. 2 separate parcels. Excellent walkability / bike-ability with a score of 94!! SUPERIOR location just 2 short blocks to the PACIFIC OCEAN and within an easy distance to every convenience--Downtown, the Pier, Award Winning Schools, Shopping, Restaurants, coffee, parks, houses of worship, AND SO MUCH MORE!, AND--NO underground oil wells here. Confirm: https://maps.conservation.ca.gov/doggr/wellfinder/ Buyer to verify. **PLEASE DO NOT WALK ONTO THE PROPERTY**

Price History

Date
Event
Price
10/07/25
Listing
$1,299,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (14 Listings)
Beds10
0%
Baths20
0%
Square foot8463,071
7%
Lot Size2,6145,663
7%
Price$1.3M$2.23M
7%
Price per square foot$1,535$791
93%
Built year19201972
7%
HOA
Days on market29155
7%
Condition Rating
Tear down

This property, built in 1920, is 104 years old and explicitly stated to be on the market for the first time since it was built, indicating no major renovations. The requirement for 'CASH OFFERS ONLY' and the instruction 'PLEASE DO NOT WALK ONTO THE PROPERTY' are strong indicators of severe structural, safety, or habitability issues. While no interior images are provided, the age and lack of renovation suggest original, severely outdated, and likely non-functional 'efficiency kitchens' and bathrooms. All major systems (electrical, plumbing, roof, foundation) are almost certainly original and beyond their useful life. The property's value is clearly based on its prime beach-close land for redevelopment, rather than the existing structure.
Pros & Cons

Pros

Exceptional Location: Prime beach-close location, just two short blocks from the Pacific Ocean in Downtown Huntington Beach, offering unparalleled access to coastal living.
High Walkability & Bikeability: Boasts an excellent walkability/bikeability score of 94, providing convenient access to local amenities, entertainment, and the beach without reliance on a vehicle.
Income-Generating Duplex: Configured as a duplex with two studio units, offering immediate rental income potential in a highly desirable and sought-after area.
Recent Infrastructure Upgrade: The sewer line from the alley to the property line was replaced in 2019, mitigating a significant potential maintenance concern for an older property.
Proximity to Extensive Amenities: Within easy distance to a wide array of conveniences including the Pier, award-winning schools, shopping, restaurants, coffee shops, and parks.

Cons

Cash Offers Only: The strict requirement for cash offers severely limits the potential buyer pool and excludes those reliant on traditional financing.
Advanced Age & Renovation Needs: Built in 1920, the property is likely in need of substantial modernization and upgrades, with the 'do not walk onto property' instruction implying an as-is sale condition and potential for significant deferred maintenance.
Mandatory Joint Sale: The property is intended to be sold along with an adjacent parcel (228 12th Street/1113 Olive Avenue), increasing the overall investment and complexity for a buyer.

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