218 Indianapolis Avenue, Huntington Beach

$2,535,000

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7

Beds

5

Baths

4,500

Square feet

0.18

Acres

Listing Agent
Kamfar Kyle Mirrafati - Matthews Real Estate Investment Services

About 218 Indianapolis Avenue

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.

Features of 218 Indianapolis Avenue

MLS® # 24379941
Price $2,535,000
Bedrooms 7
Bathrooms 5.00
Full Baths 5
Square Footage 4,500
Acres 0.18
Year Built 1976
Type Residential
Sub-Type Single Family Residence
Style Spanish
Status Active

Community Information

Address 218 Indianapolis Avenue
Area 15 - West Huntington Beach
City Huntington Beach
County Orange
Zip Code 92648

Amenities

Parking Spaces 7
Parking Driveway, Garage, Door-Single
# of Garages 4
Garages Driveway, Garage, Door-Single
View None
Is Waterfront No
Has Pool No
Pool None

Interior

Appliances Dishwasher
Heating Central
Cooling None
Has Basement No
Fireplace Yes
Fireplaces Gas
# of Stories 2
Stories Two

Additional Information

Date Listed April 13th, 2024
Days on Market 42
Foreclosure No
Short Sale No
RE / Bank Owned No
Leased Land Fee
Senior Community No

Listing Details

AgentKamfar Kyle Mirrafati
OfficeMatthews Real Estate Investment Services

Listing Map

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