6,006 Sqft Lot
6,006 Sqft Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID NP26164340
HOA Y/N No
Lot Size 6,006 Sqft
Property Description
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
Location
State CA
County Orange
Area 15 - West Huntington Beach
Interior
Fireplace No
Others
Tax ID 02416530
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Nearby Locations
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