The Subject Property is a rectangular shaped flat lot with approx. 160' of Beach Blvd frontage. Average Daily Traffic: 65,000 cars. Within walking distance of Five Points Plaza, a 160,000sf Shopping Center. Well located on Beach Blvd immediately south of the well known Five Points intersection, occupying the halfway point between the beachfront & I-405. Through the City of HB's implementation of the Beach & Edinger Corridors Specific Plan in 2010, new development opportunities are now available. The city is focusing dramatic visual attention to the development of the Five Points crossroads area. Development is vibrant in Huntington Beach. The city has already approved several developments in close proximity to the Subject Property. One of those developments, called Elan Luxury Apartments is located across the street. The Elan development will include a 6-story, 274 unit bldg. with 8,500sf of commercial space. Construction has begun, completion is scheduled for Spring 2014 & marketing to lease the property has already begun. Another multi-family project approved by the city is the Beach Walk Apartments, approx. 1.8 miles south of the Subject Property. The Beach Walk project will consist of 173 units within a 4-story bldg. & is also under construction.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
