214 Walnut Avenue, Huntington Beach, California 92648, Huntington Beach, - bed, bath

home-pic
ACTIVE$1,050,000
214 Walnut Avenue, Huntington Beach, California 92648
1Bed
1Bath
416Sqft
1,400Lot
Year Built
1917
Close
-
List price
$1.05M
Original List price
$1.1M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
PW23149023
Home ConditionFair
Features
ViewNeighborhood

About this home

Rarely on the market. Sought after property. Own a piece of Huntington Beach. Live by the beach and all of downtown Huntington Beach has to offer. Right off the world famous Huntington Beach Pier and Downtown HB Main street. This is your opportunity to own a property in the heart Surf City Downtown Huntington Beach. ONE BLOCK FROM MAIN ST, ONE BLOCK FROM HUNTINGTON BEACH PIER The house is steps away from the sand, dozens of restaurants, and shopping center at Pacific City and nearly everything the City of Huntington Beach has to offer. Opportunity to purchase one or both 214 and 216 Walnut Ave. Huntington Beach, CA 92648. Properties located on adjoined lots. (Property Address: 214 Walnut Ave and Property Address: 216 Walnut Ave. This property is zoned for Commercial/Mixed-Use. Wonderful potential to remodel this building into three (3) floors; Retail/Office/Residential Living or would be perfect Second Home that could be shared among family members and/or rented out. This area continues to see ongoing development and improvements, and with many annual events including: US Open of Surfing, Air Show, 4th of July Parade, and many other events. Buyer and Buyer Agent are advised to investigate the condition and suitability of all aspects of the property, including but not limited to the forgoing.

Nearby schools

8/10
Agnes L. Smith Elementary School
Public,K-51.0mi
7/10
John R. Peterson Elementary School
Public,K-51.0mi
6/10
Joseph R. Perry Elementary School
Public,K-52.0mi
9/10
Huntington Seacliff Elementary School
Public,K-52.1mi
7/10
Ethel Dwyer Middle School
Public,6-80.9mi
8/10
Isaac L. Sowers Middle School
Public,6-82.1mi
9/10
Huntington Beach High School
Public,9-121.5mi
9/10
Edison High School
Public,9-121.7mi
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (129 Listings)
Beds13
3%
Baths13
6%
Square foot4162,492
1%
Lot Size1,4003,701
3%
Price$1.05M$1.98M
3%
Price per square foot$2,524$834
98%
Built year19179950996
2%
HOA
Days on market818160
98%
Condition Rating
Fair

Built in 1917, this property is over 100 years old. While the kitchen features modern white shaker cabinets, stainless steel appliances, and a mosaic backsplash, and the flooring appears to be updated LVP, these updates are likely cosmetic and do not guarantee the condition of major systems (plumbing, electrical, HVAC) in such an old structure. The description heavily emphasizes the property's commercial/mixed-use zoning and 'potential to remodel this building into three (3) floors,' indicating that the existing structure is not considered a fully updated, long-term asset. The property is aged but has received some updates to make it livable, fitting the 'Fair' criteria where major components may be functional but show signs of being outdated or requiring substantial future investment beyond minor repairs.
Pros & Cons

Pros

Premier Coastal Location: Situated just one block from the world-famous Huntington Beach Pier and Main Street, offering unparalleled walkability to the sand, dozens of restaurants, and shopping at Pacific City.
Flexible Mixed-Use Zoning: The property is zoned for Commercial/Mixed-Use, providing diverse development opportunities for retail, office, or multi-unit residential living.
Significant Redevelopment Potential: Offers the potential to remodel into a three-story building (Retail/Office/Residential) and the option to acquire the adjacent lot for larger-scale development.
High Demand & Rarity: Described as 'rarely on the market' and 'sought after,' indicating a unique and valuable investment opportunity in a prime location.
Vibrant & Growing Area: Located in an area experiencing ongoing development and hosting major annual events (e.g., US Open of Surfing), enhancing rental income potential and long-term appreciation.

Cons

Age and Condition of Existing Structure: Built in 1917, the current 100+ year-old structure is likely in need of extensive renovation or demolition, adding substantial costs to any development plan.
Small Current Footprint: The existing property is very small (416 sqft, 1 bed/1 bath) on a modest 1400 sqft lot, meaning the value is primarily in the land and development potential, not the current dwelling.
High Entry Price for Development Project: The list price of $1,050,000 is high for the existing small structure and lot size, indicating a significant upfront investment before any redevelopment costs are factored in.

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