714 Pacific Coast Highway, Huntington Beach, CA 92648

$3,950,000
List Price
$3,950,000
Price Change
▼ $417,000 1714800528
MLS#
PW24022548
Status
ACTIVE
Type
Land

Property Description

Located in the vibrant downtown resort area of Huntington Beach, this ocean-view lot offers a prime opportunity for development, few blocks from the Huntington Beach Pier, dining, shopping, and the iconic sands and waves of Surf City. With an approved entitlement permit, the site is ready to construct a three-story mixed-use building, encompassing 12,713 gross square feet on a 5,600 square-foot lot. The design boasts panoramic ocean and city lights views, featuring ground-floor retail space, public open space fronting Pacific Coast Highway (PCH), residential units, and an exclusive penthouse with a rooftop deck. The proposed plan includes a 766-square-foot retail space on the ground floor, alongside a 172-square-foot open area. Residential offerings comprise two 2-bedroom units on the second floor and a luxurious penthouse on the third. The building also integrates an enclosed parking garage with seven spaces and additional onsite parking, accessible from the alley. Zoned under the Downtown Specific Plan of Huntington Beach, the sale includes all plans, surveys, and reports, with visualizations of the envisioned project. Potential buyers are encouraged to conduct their due diligence and verify all information with the City of Huntington Beach and the County of Orange, as the seller and their real estate agents/brokers provide no warranties and will select services.

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Courtesy of T.N.G. Real Estate Consultants, Eddie Norzagaray.