Property Detail

201 2nd

Huntington Beach CA 92648

$5,000,000

Status: Active

Property Details

Description

Rare opportunity to own two side-by-side lots in one of Huntington Beach's most desirable coastal locations. Enjoy ocean views just moments from Pacific City, the iconic Huntington Beach Pier, and only one block from vibrant Main Street with its renowned restaurants, shopping, and entertainment. The property features two producing oil wells generating approximately 5,000 barrels annually, providing consistent cash flow while offering exceptional long-term land value and future development potential (subject to buyer verification and city approvals). Whether you're seeking a strong income-producing investment, a strategic land hold, or a premier redevelopment opportunity, this unique coastal property delivers the best of both worlds in the heart of Surf City USA.This property has generated $204,969.26 January through June and pumped 2700 barrels in the first 6 months. Based upon the income and expenses through June. The cap rate is presently 7%, this property has generated 2700 barrels of oil as of 6/30/2026 and $204,000 in GSI

Map Location

Listing provided courtesy of Wayne Smith of Corona Del Mar Properties Inc. Last updated 2026-08-13 08:27:02.000000. Listing information © 2026 CRMLS.

John Collins

John Collins

DRE# 01948188
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