Industrial Land with Two Oil
For Sale
$5,000,000
201 2nd St, Huntington Beach, CA 92648
Two side-by-side lots with producing oil wells and coastal views near retail and entertainment corridors.
Property Size500 SF
Days on Market50
Property Features for 201 2nd St
General Information
Standard status
Active
Size
500 SF
Property subtype
Commercial
Financials
Cap Rate
5.91%
Business Included
Yes
Building Details
Building Size
500 SF
Listing Agency:
(949) 300-2215
Listed By:
Wayne Smith · License #00922140
Source:
Elliman
Added: Jul 4
Changed: Aug 13
Last Checked: Aug 21 at 1:28PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Wayne Smith
Investment Insights
Based on property information with market context.
The offering consists of two side-by-side lots presented as industrial land and commercial real estate. The property includes two producing oil wells. Reported production is approximately 5,000 barrels annually, with 2,700 barrels pumped in the first six months. Public remarks also cite income of $204,969.26 from January through June, based on income and expenses through June, and a referenced cap rate of 5.91, subject to buyer verification.
The site is positioned in Huntington Beach in a coastal location, with ocean views described as moments from Pacific City and the Huntington Beach Pier. The remarks further state the property is about one block from Main Street, where restaurants, shopping, and entertainment are located.
For buyers and operators evaluating mixed-use land strategies, the asset combines land ownership with active oil production. For redevelopment scenarios, the remarks note that any future development potential is subject to buyer verification and city approvals. Given its producing wells and described coastal setting, the property may appeal to investors seeking ongoing income from existing operations as well as parties interested in long-term land value and permitted redevelopment paths.
The site is positioned in Huntington Beach in a coastal location, with ocean views described as moments from Pacific City and the Huntington Beach Pier. The remarks further state the property is about one block from Main Street, where restaurants, shopping, and entertainment are located.
For buyers and operators evaluating mixed-use land strategies, the asset combines land ownership with active oil production. For redevelopment scenarios, the remarks note that any future development potential is subject to buyer verification and city approvals. Given its producing wells and described coastal setting, the property may appeal to investors seeking ongoing income from existing operations as well as parties interested in long-term land value and permitted redevelopment paths.
Key Highlights
- Two side‑by‑side lots with producing oil wells and coastal/ocean views near Pacific City, the Huntington Beach Pier, and Main Street.
- Includes 2 producing oil wells generating approximately 5,000 barrels annually.
- Reported income of $204,969.26 from January through June (based on income and expenses through June).
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,639
Businesses Nearby
Explore this area
Business Placement
Demographics for 92648, CA
46,691
Population
21,609
Households
2.2
Avg Household Size
44
Median Age
51%
College-Educated
95%
High-School Grad
8.0 sq mi
ZIP Area
5,836
Density / Sq Mi
$118,993
Median Household Income
$73,049
Median Earnings
$2,324
Median Rent
$1,176,000
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mining land & claim - Two side-by-side lots with producing oil wells and coastal views near retail and entertainment corridors.
Where is this mining land & claim located?
The property is located at 201 2nd St Huntington Beach, CA.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: Two side‑by‑side lots with producing oil wells and coastal/ocean views near Pacific City, the Huntington Beach Pier, and Main Street.; Includes 2 producing oil wells generating approximately 5,000 barrels annually.; Reported income of $204,969.26 from January through June (based on income and expenses through June).
