Huntington Beach, CA 92648 218 Indianapolis Avenue
$2,535,000
OPEN HOUSE Sun, May 19 2024 1:00 PM - 4:00 PM
24 more
Presented By: Kamfar Kyle Mirrafati with Matthews Real Estate Investment Services;
Home Details
HUGE PRICE ADJUSTMENT! MOTIVATED SELLERS! They have secured a property to purchase so don't miss this opportunity to acquire one of the lowest cost per sqft properties in Huntington Beach! 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.
Presented By: Kamfar Kyle Mirrafati with Matthews Real Estate Investment Services;
Interior Features for 218 Indianapolis Avenue
Bedrooms
Total Bedrooms7
Bathrooms
1/4 Baths0
3/4 Baths0
Full Baths5
Half Baths
Total Baths5
Other Interior Features
LivingAreaSourceEstimated
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Electric On Property Y/NNo
Fireplace FeaturesGas
Fireplace Y/NYes
Furnished Y/NUnfurnished
Heating Y/NYes
Street SuffixAvenue
Total Stories2
General for 218 Indianapolis Avenue
Additional Parcels Y/NNo
AppliancesDishwasher
Architectural StyleSpanish
Attached Garage No
Carport Y/NNo
CityHuntington Beach
CoolingNone
CountyOrange
Days on Market31
DirectionsSee Google Maps
Garage Spaces4.0
Garage Y/NYes
HOA / Comm AssnNo
HeatingCentral
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet7841.0
MLS Area15 - West Huntington Beach
MobileHomeRemainsYNNo
New ConstructionNo
Open Parking Spaces3.0
Other StructuresGuestHouse
Pool FeaturesNone
Private PoolNo
Property Attached Y/NNo
Property Sub Type AdditionalSingleFamilyResidence
Property SubTypeSingleFamilyResidence
Property TypeResidential
Rent Control Y/NNo
Senior Community Y/NNo
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Street NameIndianapolis
ViewNone
View Y/NNo
Waterfront Y/NNo
Year Built1976
Year Built SourceEstimated
Exterior for 218 Indianapolis Avenue
Building Area Total4500.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions60x128
Lot Size Acres0.18
Lot Size Area7841.0
Lot Size SourceEstimated
Lot Size UnitsSquareFeet
Open Parking Y/NNo
Parking FeaturesDoorSingle, Driveway, Garage
SpaNo
Total Parking7.0
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480