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 5,400 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 7%. Presently, this property has generated 2700 barrels of oil as of 6/30/2026 and $204,000 in GSI
| MLS # | NP26164340 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 23 |
| Listing Provided By | Corona Del Mar Properties Inc | Wayne Smith |
| SQ Feet | 1,000 |
|---|---|
| Acreage | 0.14 |
| State | CA |
|---|---|
| County | Orange |
| City | Huntington Beach |
| Zip Code | 92648 |
| Area | 15 West Huntington Beach |
| Listing VS Median (in 92648) | |
Price: $5,000,000 low | high Med: $2,812,500 sqft: 1,000 low | high Med: 4,291 $ / sqft: $5,000 low | high Med: $658 On site: 23 low | high Med: 82 | |
| State | CA |
|---|---|
| County | Orange |
| City | Huntington Beach |
| Zip Code | 92648 |
| Area | 15 West Huntington Beach |
| Listing VS Median (in 92648) | |
Price: $5,000,000 low | high Med: $2,812,500 sqft: 1,000 low | high Med: 4,291 $ / sqft: $5,000 low | high Med: $658 On site: 23 low | high Med: 82 | |