Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Ocean View Double Lot Opportunity Title is generated by Realmo AI

    219 1st Street, Huntington Beach, CA 92648

    View on Map
    Claim this Listing
    For Sale
    Under Contract
    $1,400,000

    Land/Lot - Huntington Beach, CA

    Lot size:
    5,663.00 Acres
    Added:
    Apr 11, 2020
    Days on Market:
    2227
    Last Refresh:
    May 16 at 2:06 pm

    Property Features for 219 1st Street

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    C-3
    Exterior features
    Community Features Included: Sidewalks, Street Lights
    Standard status
    Active Under Contract
    APN
    02416208
    Lot size
    5,663.00 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Lance Barker
    Lance Barker

    Listing agent Lance Barker License #01290308

    Listing office RE/MAX Select One 4952 Warner Ave. No. 109, huntington beach, CA

    Listing date Apr 11, 2020

    MLS# OC20072293 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Rare ocean view double lot (5,875 sq. ft.) in a prime location one block from the beach.
    • Opportunity to own 3 lots together (adjacent single lot also available).
    • Zoning allows for both commercial and residential development.
    • Located across the street from Surf City Pier and Beach.
    • Walking distance to the beach, Pacific City shopping, and dining.
    • Excellent walking score and great schools.

    Overview

    This rare double lot, comprising 5,875 square feet with dimensions of 50 feet wide by 117 feet deep, offers an exceptional opportunity in a prime location. Situated just one block from the beach and across the street from the Surf City Pier, the property is ideally located for both commercial and residential development, as permitted by the zoning. The area boasts an excellent walking score and access to reputable schools. Downtown Huntington Beach has experienced significant growth in recent years, marked by the addition of Pacific City, Pasea Resort, and Hyatt & Hilton luxury hotels, along with over 20 new restaurants. This property presents an incredible opportunity to construct dream homes with ocean views in close proximity to the beach.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Law Firm Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Daycare Center Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Huntington Beach
    County
    Orange
    State
    California
    Longitude
    -117.9985064
    Latitude
    33.6569943

    Nearby Similar for Sale

    • $2,700,000
      4,250 SF

      Huntington Beach Commercial Live/Work Space

      Versatile commercial property suitable for live/work or service-based businesses.
      7736 Sugar Drive, Huntington Beach, CA 92647
      View Details
    • $3,488,000
      4,500 SF

      Huntington Beach Commercial Building For Sale

      Versatile commercial building in a high-traffic Huntington Beach location.
      6912 Warner Avenue, Huntington Beach, CA 92647
      View Details
    • $900,000
      3,462 SF

      Huntington Beach Office/Showroom Condominiums

      Versatile multi-unit property in Huntington Beach's industrial corridor.
      7652 Slater Avenue, Huntington Beach, CA 92647
      View Details
    • $849,000
      1,500 SF

      Huntington Beach Industrial Condo

      1500 SF industrial condo in Huntington Beach for sale.
      17722 Metzler Lane, Huntington Beach, CA 92647
      View Details
    • $1,899,999
      3,600 SF

      Huntington Beach Fourplex Investment Opportunity

      Well-maintained fourplex near Bella Terra with income and upside potential.
      7802 Holt Dr, Huntington Beach, CA 92647
      View Details
    • $4,100,000

      Prime Commercial/Industrial Investment Opportunity

      Four contiguous parcels in a strong commercial/industrial district.
      7412 Slater Avenue E, Huntington Beach, CA 92647
      View Details
    • $450,000

      Huntington Beach Business Opportunity

      Business opportunity in high-demand Huntington Beach location.
      17330 Beach Boulevard, Huntington Beach, CA 92647
      View Details
    • $2,100,000
      4,580 SF

      Huntington Beach Fourplex Investment Opportunity

      Well-maintained four-unit property in a prime Huntington Beach neighborhood.
      16722 Goldenwest Street, Huntington Beach, CA 92647
      View Details
    • $1,850,000
      4,580 SF

      Huntington Beach Four-Plex Investment

      Four-unit property in a prime coastal Huntington Beach location.
      16732 Bartlett Lane, Huntington Beach, CA 92647
      View Details
    • $150,000

      Established Tattoo Studio Opportunity

      Thriving Huntington Beach tattoo studio with loyal clientele.
      17845 Beach Blvd, Huntington Beach, CA 92647
      View Details
    • $849,000
      1,500 SF

      Huntington Beach Industrial Condo

      Functional industrial condo in Huntington Beach's industrial corridor.
      17722 Metzler Ln 3, Huntington Beach, CA 92647
      View Details
    • $900,000
      3,462 SF

      Versatile Huntington Beach Investment Opportunity

      Multi-unit property with income potential and industrial zoning upside.
      7652 Slater Ave, Huntington Beach, CA 92647
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Rare double lot near the beach, ideal for development.
    Where is this residential land & home lot located?
    The property is located at 219 1st Street Huntington Beach, CA.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: Rare ocean view double lot (5,875 sq. ft.) in a prime location one block from the beach.; Opportunity to own 3 lots together (adjacent single lot also available).; Zoning allows for both commercial and residential development.
    (714) 932-2411
    We can help!
    Listing Contact
    Lance Barker
    Lance Barker
    Real Estate License ID: 01290308
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    219 1st Street, Huntington Beach, CA 92648
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!