218 Indianapolis Avenue, Huntington Beach, CA 92648 (MLS # 24379941)

Price $2,695,000
Status Active
Beds 7
Baths 5 Baths
Home size 4,500 sqft
Lot Size 7,841 sqft
Days on Market 17
HUGE PRICED REDUCTION. Don't miss this opportunity! One-of-a-kind Triplex with a huge private custom home in the front and two detached one-bedroom units in the back above the four single car garages. This rare triplex sits on an oversized lot spanning over 7,800 square feet, boasting an impressive 60 feet of frontage, and is a stone's throw away from the beach and Main Street. The centerpiece of this property is the detached stunning, remodeled Spanish-style home. With five bedrooms and three full bathrooms spread across two spacious levels offering an expansive layout that features coffered ceilings, elegant Spanish arches, and an abundance of natural light. The main level hosts two bedrooms and one full bath, an open living and dining area, a chef's kitchen, and a cozy family room complete with a wet bar and fireplace. Upstairs, you'll find three additional bedrooms and two full bathrooms, including an oversized master suite with a spacious floor plan, fireplace, walk-in closet, and ensuite shower & tub combo. The home has been thoughtfully upgraded with brand-new windows and coverings, luxury vinyl flooring, paint, and stainless-steel appliances. The exterior of the property has been equally enhanced featuring a new concrete driveway for three cars, a private deck with all new fencing, and newly installed sprinkler drip system with beautiful water-efficient landscaping featuring a variety of fruit and vegetable plants. In addition to the main house, this property also includes two oversized units tucked away in the back, each with one bedroom that will be delivered vacant and awaiting your personal touch. These units offer ultimate privacy from the main home, with their own entrance through the alley, private single-car garages, shared laundry & BBQ area, and two balconies each. This is a unique opportunity to create a multigenerational living space for your extended family or obtain monthly passive income north of $2,700 per unit. Whether you're an astute investor seeking a lucrative opportunity or an eager homeowner envisioning your forever home with the benefit of two additional units, this property offers boundless potential. With a gross monthly income exceeding $13,400 if fully rented, this is your chance to secure a generational asset in one of the most sought-after locations in Huntington Beach.
Property Type(s): Single Family
Last Updated 4/23/2024 Year Built 1976
Community West Huntington Beach Garage Spaces 4.0
County Orange

Price History

Prior to Apr 23, '24 $2,835,000
Apr 23, '24 - Today $2,695,000

Additional Details

AIR None
APPLIANCES Dishwasher
AREA West Huntington Beach
BUYER'S BROKERAGE COMPENSATION 2.000 %
FIREPLACE Yes
GARAGE Door-Single, Driveway, Garage, Yes
HEAT Central
LOT 7841 sq ft
LOT DIMENSIONS 60x128
PARKING Door-Single,Driveway,Garage
POOL DESCRIPTION None
STORIES 2
STYLE Spanish
VIEW DESCRIPTION None

Location

 

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Listed with Matthews Real Estate Investment Services

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