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714 Pacific Coast Highway, Huntington Beach, CA 92648

$2,250,000

  • Sold
  • Closed
  • Lots/Land
  • Updated 12 days ago
714 Pacific Coast Highway, Huntington Beach, CA 92648View this property at 714 Pacific Coast Highway, Huntington Beach, CA 92648
714 Pacific Coast HighwayHuntington BeachCA92648
Property Description
This developable site consists of two side-by-side 25 X 110 foot oceanfront lots facing Pacific Coast Hwy with excellent ocean views. The property has a General Plan land use designation of MV-F8-d-sp and a zoning designation SP5-O-CZ. Permitted uses include three stories + rooftop deck configured into: Multi-Family up to 4 units, boutique hotel, or two "Live Work" SFRs. A Live Work SFR was completed recently on a single 25 X 110 lot at 716 PCH (approx. 2,520 SF of living area, 400 SF of retail, 655 SF garage, 594 SF of balconies/roof deck) and serves as an example of this development option. The boutique hotel zoning may allow the rental of the 4 multi-family units as weekly rentals... this option is worth investigating and could
result an a substantial enhancement of cash flow! This property is located in the Downtown Huntington Beach resort area within a few blocks of 30+ restaurants, hotels, stores, shops, entertainment, and the Huntington Beach Pier. The soft sands and rideable waves of Surf City are directly across the street. The oil wells on the site have been capped to facilitate development without delay. This is a unique opportunity to construct a highly desirable oceanfront development with substantial future upside thanks to the on-going improvements taking place in Downtown Huntington Beach.

Full Property Details for 714 Pacific Coast Highway

General

  • Sold For: $2,250,000
  • Status: Closed
  • Type: Lots/Land
  • MLS ID: OC16059008
  • Added: 882 day(s) ago

Location

  • Area: 15 - West Huntington Beach
  • County: Orange
  • Development Name: 15 - West Huntington Beach
  • Subdivision: Downtown Area (DOWN)
  • Driving Directions: Going north on PCH, property is on right side just past 7th Street Cross Streets: 7th and Pacific Coast Hwy
  • Dist. to Beach: on property (Miles)

Utilities

  • Dist. to Water: on property
  • Utility Description: Cable Available, Natural Gas Available, Sewer Connected, Phone Connected, Water Connected

Lot Features

  • Property View: Catalina, Coastline
  • Lot Size (Sq. Ft.): 5,500
  • Lot Size Source: Assessor
  • Zoning: SP5-O-CZ
  • Lot Description: Curbs, Street Lighting, Storm Drains

Financial Considerations

  • Price Per Sq. Ft.: $409.09

Listed by Coldwell Banker-Campbell Rltrs, Scot Campbell

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Schools

Schools serving 714 Pacific Coast Highway

Score
Name
Grades
Distance
8
770 17th Street, Huntington Beach, CA 92648
K-5
0 mi
10
1905 Main St, Huntington Beach, CA 92648
9-12
0 mi
Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History

Price & Sales History for 714 Pacific Coast Highway

Date
Details
Price
Change
Source
8/09/2018
Sold
$2,250,000
-11.94%
MLS
4/12/2018
Price Reduced
$2,555,000
-1.73%
MLS
9/24/2017
Price Reduced
$2,599,900
-3.7%
MLS
8/17/2017
Price Reduced
$2,699,900
-3.58%
MLS
6/30/2017
Price Reduced
$2,800,000
-1.75%
MLS
5/13/2017
Price Increased
$2,850,000
3.64%
MLS
9/27/2016
Price Reduced
$2,750,000
-8.33%
MLS
4/27/2016
Price Reduced
$3,000,000
-9.09%
MLS
3/22/2016
Listed
$3,300,000
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Community Info

Community Info for 714 Pacific Coast Highway

Listed by Coldwell Banker-Campbell Rltrs, Scot Campbell

714 Pacific Coast Highway, Huntington Beach, CA 92648 (MLS# OC16059008) is a Lots/Land property that was sold at $2,250,000 on August 09, 2018. Want to learn more about 714 Pacific Coast Highway? Do you have questions about finding other Lots/Land real estate for sale in West Huntington Beach? You can browse all West Huntington Beach real estate or contact a Coldwell Banker agent to request more information.