402 Indianapolis Avenue, Huntington Beach, California 92648, Huntington Beach, 92648 - bed, bath
ACTIVE UNDER CONTRACT$1,999,000
402 Indianapolis Avenue, Huntington Beach, California 92648
0Bed
0Bath
1,873Sqft
6,534Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Great Schools: Elementary School: Huntington Seacliff Elementary School (9/10). High School: Huntington Beach High School (9/10).
Top Cons:
Property Age: Built in 1956, the underlying structure is nearly 70 years old, which could lead to unforeseen maintenance or infrastructure costs despite recent renovations.
Compared to the nearby listings
Price:$2.00M vs avg $2.30M ($-301,000)27%
Size:1,873 sqft vs avg 3,000 sqft27%
Price/sqft:$1.1K vs avg $89173%
More Insights
Built in 1956 (69 years old).
Condition: Despite being built in 1956, this triplex underwent extensive renovations approximately 10 years ago, including new cabinets, flooring, individual A/C units, tankless water heaters, custom tile, counters, windows, and a replaced roof. The images confirm a modern and well-maintained interior, particularly in the kitchen with its stainless steel appliances, two-tone cabinetry, and farmhouse sink, and the updated bathroom with a contemporary vanity and tile. The property is move-in ready with major systems functional and updated, aligning with the 'Good' condition criteria for properties extensively renovated within the last 5-15 years.
Year Built
1956
Close
-
List price
$2M
Original List price
$2M
Price/Sqft
$1,067
HOA
-
Days on market
-
Sold On
-
MLS number
OC25207139
Home ConditionGood
Features
Patio
View-
About this home
Gorgeous remodeled owner occupied triplex walking distance to the beach.This triplex consists of a 2 bedroom 1 bath owners unit , and two spacious 1 bedroom -1 bath units .All units have been redone approx. 10 years ago with New cabinets ,flooring,individual a/c units -tankless water heaters,custom tile,counters ,windows.There are individual private patios for each unit ,1 car enclosed garages.The roof was replaced . The owners unit has its own washer /dryer and there is a seperate room for the other 2 units with a washer /dryer and storage room area. All appliances were replaced and is ready for a new owner or rent up. oversized walk in closet in one of the 1 bedrooms.The owners unit has a fireplace with vaulted ceilings,center island with direct access to the garage. The property sits on a oversized double lot so down the road someone could build 2 single family homes.Approx 54 x 125. walking distance down the street is all the main st. activities-pier ,restaurants,beach Pacific City shopping and entertainment complex.
Nearby schools
7/10
John R. Peterson Elementary School
Public,•K-5•0.6mi
8/10
Agnes L. Smith Elementary School
Public,•K-5•0.9mi
6/10
Joseph R. Perry Elementary School
Public,•K-5•1.4mi
9/10
Huntington Seacliff Elementary School
Public,•K-5•1.8mi
7/10
Ethel Dwyer Middle School
Public,•6-8•0.7mi
8/10
Isaac L. Sowers Middle School
Public,•6-8•1.6mi
9/10
Huntington Beach High School
Public,•9-12•1.1mi
9/10
Edison High School
Public,•9-12•1.5mi
Condition Rating
Good
Despite being built in 1956, this triplex underwent extensive renovations approximately 10 years ago, including new cabinets, flooring, individual A/C units, tankless water heaters, custom tile, counters, windows, and a replaced roof. The images confirm a modern and well-maintained interior, particularly in the kitchen with its stainless steel appliances, two-tone cabinetry, and farmhouse sink, and the updated bathroom with a contemporary vanity and tile. The property is move-in ready with major systems functional and updated, aligning with the 'Good' condition criteria for properties extensively renovated within the last 5-15 years.
Pros & Cons
Pros
Great Schools: Elementary School: Huntington Seacliff Elementary School (9/10). High School: Huntington Beach High School (9/10).
Exceptional Coastal Location: Prime walking distance to Huntington Beach, the pier, Main Street activities, and Pacific City, offering high desirability for residents and renters.
Income-Generating Triplex: Comprises an owner's unit and two additional rental units, providing immediate rental income potential or owner-occupancy with supplemental income.
Significant Renovation & Upgrades: All units were extensively remodeled approximately 10 years ago with modern amenities including individual A/C, tankless water heaters, new finishes, and a replaced roof, reducing immediate capital expenditures.
Future Development Potential: Sits on an oversized double lot (approx. 6,534 sqft) with the potential to build two single-family homes, offering significant long-term value appreciation and flexibility.
Individual Unit Comforts: Each unit benefits from private patios, individual A/C, tankless water heaters, and dedicated 1-car enclosed garages, enhancing tenant appeal and comfort.
Cons
Property Age: Built in 1956, the underlying structure is nearly 70 years old, which could lead to unforeseen maintenance or infrastructure costs despite recent renovations.
Aging Renovations: While remodeled, the 'approx. 10 years ago' timeframe means some finishes and systems may soon require updating or show signs of wear, impacting future appeal or costs.
Limited Unit Configuration: The presence of two 1-bedroom units may restrict the target tenant demographic, potentially limiting rental income growth compared to properties with larger unit mixes.