430 Lake Street, Huntington Beach, California 92648, Huntington Beach, 92648 - 2 bed, 2 bath
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430 Lake Street
Huntington Beach, California 92648
ACTIVE
CONDITION: FAIR
2Beds
2Baths
1,062Sq Ft
204,021Lot Size
Property Price
LIST PRICE$995,000
EST. MARKET VALUE
$838,642
18% AboveMARKET VALUE
SUMMARY
This Fractional Ownership Condominium represents a Strong Value Opportunity, listed at $499,000—positioned well below the $555,371 Fair Market Value by 10%. This valuation gap offers $56,371 in Instant Equity. Featuring a Fair Condition Rating, the unit includes a private balcony, pool, and spa access. Located near Huntington Beach High School (9/10), this property balances coastal lifestyle with financial upside. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a prime beach-adjacent location.
Estimated Market Value
$838,642
Based on Realkey algorithm analyzing recent comparable sales in Huntington Beach.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 430 Lake Street Subject | $995,000* List Price | 2 | 2 | 1,062 | $790 | - |
A 430 Lake Street 304 Sold | $857,000 | 2 | 2 | 1,023 | $838 | 0.0 mi |
B 1516 202 Pacific Coast Sold | $895,000 | 2 | 2 | 1,315 | $681 | 0.9 mi |
C 606 Lake Street 23 Active | $825,000 List Price | 2 | 3 | 1,088 | $758 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1989, the property is over 20 years old. While the listing notes it is well-maintained with fresh paint and upgraded bathroom fixtures and plumbing, the overall age and lack of a full kitchen remodel suggest a dated interior that requires minor updates to meet modern 'Good' or 'Excellent' standards.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: Huntington Beach High School (9/10).
- Prime Coastal Location
Situated just four blocks from the sand and within walking distance to Pacific City and Main Street, this property offers an elite coastal lifestyle in a highly sought-after area.
- Desirable Top-Floor Layout
As a top-floor unit with vaulted ceilings and an open floor plan, the condo maximizes natural light and ocean breezes, providing a sense of volume rarely found in standard units.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1062, other record living area = 1023.
- Fractional Ownership Structure
The listing is for a one-half ownership interest rather than full fee simple ownership, which significantly complicates traditional financing and limits the buyer's total control over the asset.
- Shared Management Responsibility
The mutual ownership model requires shared responsibility for expenses and decision-making, which may lead to potential conflicts or complexities in property management and usage.
About 430 Lake Street
A rare shared ownership opportunity in a light-filled, top-floor fully furnished coastal condo just 4 blocks from the sand! Units rarely available in this community! The sale would be one-half of the list price. Welcome to this lovely 2- bdrm 2-bath condo located in a secure, well-maintained building. This home offers vaulted ceilings, an open floor plan, and a private balcony perfect for enjoying ocean breezes. This is an opportunity to enjoy professional mutual ownership, expenses and responsibility! The spacious living room features a cozy fireplace and flows seamlessly into the dining area and kitchen. The primary suite has a large closet and en-suite bath, while the second bedroom is perfect for guests or a home office. Includes in-unit laundry, fresh paint, upgraded bathroom fixtures and plumbing. Includes 2 assigned parking spaces and ample guest parking in the gated garage. Amenities include a pool, spa, clubhouse and landscaped grounds. Just a few blocks from the beach, Pacific City, and Main Street’s vibrant shops and dining!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1989
- Lot Size
- 204,021 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $500.0 / Month
Neighborhood Insights
Huntington Beach Unified Schools
Agnes L. Smith Elementary School
Grades K-5 • 0.9 mi
8/10
Ethel Dwyer Middle School
Grades 6-8 • 0.8 mi
7/10
Huntington Beach High School
Grades 9-12 • 1.3 mi
9/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,062 | 1,098.828 |
| Lot Size | 204,021 | 43,662.511 |
| Price | $995.0K | $739.4K |
| Price per sq ft | $937 | $673 |
| Built year | 1989 | 1979 |
| HOA | $500.0 | $592 |
| Days on market | 41 | 58 |
Pricing History
Listed for Sale
Aug 5, 2026
$995,000
$499,000
+99% Price Increase
Initial Listing
Price Change
Jul 30, 2026
$499,000
Initial Listing
Sold
Dec 17, 2021
$765,000
Public Record
Sold
Jan 4, 1996
$166,454
Public Record