1701 Lake Street, Huntington Beach, California 92648, Huntington Beach, 92648 - 0 bed, 0 bath
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Huntington Beach, California 92648
This Versatile Coastal Multi-Family Property is listed at $1,850,000, representing a premium lifestyle asset in the Downtown Area. While the Fair Market Value is $1,659,652, the price reflects the property's rare R2 Zoning and Extensive Capital Improvements, including a New Roof and New Plumbing. Boasting a Condition Score of 3, these detached homes offer move-in ready stability near 9/10 rated Huntington Beach High School and Huntington Seacliff Elementary. Featuring a private Patio, this is an ideal sanctuary for Owner-Occupants or Multi-generational Families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1701 Lake Street Subject | $1,850,000* List Price | 0 | 0 | 2,864 | $579 | - |
A 720 Owen Sold | $1,610,000 | 0 | 0 | 3,303 | $487 | 0.8 mi |
B 2006 California Pending | $1,850,000 List Price | 0 | 0 | 3,071 | $602 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition with significant recent capital improvements, including a new roof, new plumbing, new insulation, and a new heating system. The main home features polished hardwood floors, crown molding, and a kitchen with newer stainless steel appliances and stone countertops. The detached guest house is also well-maintained with vaulted ceilings and granite bathroom counters. While the structures are older (1954 and 1990), the extensive mechanical updates and aesthetic refreshes meet the criteria for a high-quality, well-maintained 'good' rating.
Elementary School: Huntington Seacliff Elementary School (9/10). High School: Huntington Beach High School (9/10).
The R-2 zoned lot features two detached residences, providing a rare opportunity for multi-generational living or significant rental income in a high-demand coastal market.
The property has been significantly updated with a new roof, new plumbing, new insulation, and a new heating system, greatly reducing the need for immediate capital expenditures.
The guest house includes a non-conforming third bedroom, which may affect official appraisal valuations and limit its legal use as a bedroom.
The main residence was built in 1954, and despite recent upgrades, older homes often require more frequent ongoing maintenance compared to modern builds.
TWO HOMES ON ONE LOT! Zoned R-2 - Incredible Opportunity in Huntington Beach! Nestled behind classic white picket fences on a spacious corner lot, this charming single level 4 bed, 2 bath Main Home (1,505 sqft, built in 1954) and detached two-level 3 bed, (3rd bedroom non conforming) 2 bath Guest House (1359 sqft, built in 1990) offer versatile living in a prime location. Step inside the beautifully landscaped Main Residence and be welcomed by gleaming hardwood floors, a large bay window in the light-filled living room, and elegant French doors in the dining area that open to a private courtyard - perfect for entertaining or enjoying the sunshine and ocean breezes. The kitchen is a cook's delight with newer appliances, ample countertop space, generous cabinetry with extra-large pantry, and easy access to the convenient indoor laundry room. The spacious step-down primary suite features a faux fireplace, a generous walk-in closet, and sliding doors that open to the sunny patio.Two of the three additional bedrooms include ceiling fans for year round comfort, and the home is enhanced with smooth ceilings and crown molding throughout. A 2-car garage plus a carport provides plenty of parking. The detached Guest House offers flexible living for multi-generational families, guests, or rental income. On the lower level, you'll find a bedroom and full bath, while upstairs features two additional bedrooms, a bright, open-concept living room and a kitchen with dining area that opens to a breezy balcony - ideal for morning coffee or sunset views. The upstairs primary suite features soaring ceilings and an en-suite bath with granite countertops. All of this is located in a highly desirable Huntington Beach neighborhood - close to shopping, parks, top rated schools, and just minutes from the beach. Additional features include new roof, new plumbing, retrofitting, new insulation, new rain gutters, new heater (conveniently re-located into the attic), newer appliances, and so much more! Don't miss this rare and versatile property - two homes, one lot, endless possibilities!!
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 1.0 mi
Grades K-5 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,864 | 2,334 | 56% |
| Lot Size | 5,876 | 5,663 | 56% |
| Price | $1.85M | $1.85M | 50% |
| Price per sq ft | $646 | $1.0K | 22% |
| Built year | 1954 | 1956 | 44% |
| HOA | $0 | $0 | 50% |
| Days on market | 250 | 197 | 89% |
Jan 16, 2026
$1,850,000
$1,999,999
-7% Price Drop
Initial Listing
Aug 29, 2025
$1,999,999
$2,100,000
-5% Price Drop
Initial Listing
Aug 15, 2025
$2,100,000
Initial Listing