411 15th Street 1, Huntington Beach, California 92648, Huntington Beach, - bed, bath
ACTIVE$5,500,000
411 15th Street 1, Huntington Beach, California 92648
0Bed
0Bath
2,914Sqft
5,663Lot
Year Built
1973
Close
-
List price
$5.5M
Original List price
$5.5M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
OC24126923
Home ConditionFair
Features
View-
About this home
4 Unit on a 5663 LOT Please do not disturb tenants Drive by only
Nearby schools
8/10
Agnes L. Smith Elementary School
Public,•K-5•0.3mi
9/10
Huntington Seacliff Elementary School
Public,•K-5•1.4mi
7/10
John R. Peterson Elementary School
Public,•K-5•1.4mi
6/10
Joseph R. Perry Elementary School
Public,•K-5•1.9mi
7/10
Ethel Dwyer Middle School
Public,•6-8•0.2mi
8/10
Isaac L. Sowers Middle School
Public,•6-8•2.5mi
9/10
Huntington Beach High School
Public,•9-12•0.9mi
9/10
Edison High School
Public,•9-12•2.3mi
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (14 Listings) | |
|---|---|---|---|
| Beds | 0 | 0 | |
| Baths | 0 | 0 | |
| Square foot | 2,914 | 3,071 | 40% |
| Lot Size | 5,663 | 5,663 | 50% |
| Price | $5.5M | $2.3M | 93% |
| Price per square foot | $1,887 | $791 | 93% |
| Built year | 1973 | 1972 | 60% |
| HOA | |||
| Days on market | 503 | 213 | 93% |
Condition Rating
Fair
The property was built in 1973. The listing description mentions 'drive by only' and 'do not disturb tenants', suggesting the property may need updates. Without interior images, it's difficult to assess the kitchen and bathroom conditions, but given the age, a 'fair' rating is appropriate, indicating it's aged but maintained with occasional updates.
Pros & Cons
Pros
Income Potential: Property is a quadruplex, providing immediate rental income streams.
Desirable Location: Located in Huntington Beach, a highly sought-after coastal city in Southern California.
Substantial Lot Size: The 5,663 sqft lot offers potential for future development or expansion opportunities (subject to local regulations).
Established Property: Built in 1973, the property has an established rental history and infrastructure.
Proximity to Amenities: Likely benefits from proximity to beaches, shopping, dining, and other Huntington Beach amenities.
Cons
Tenant Occupancy: Tenants currently occupy the property, potentially limiting immediate renovation or redevelopment options.
Drive-By Only: Limited access for thorough inspection due to 'drive-by only' restriction, increasing due diligence requirements.
High Price Point: List price of $5.5 million requires significant capital investment and may limit the pool of potential buyers.