|
|
9/25/20
|
The city of Huntington Beach purchased a 0.78-acre multifamily development property in Huntington Beach for $2.97 mil. The undeveloped site, located at 17631 Cameron Lane, sits within a residential community near the 405 Fwy and Huntington Beach Hospital, and has frontage on Beach Blvd, one of the area’s main arteries.
The city of Huntington Beach plans to develop low-income housing on the site. Currently, the land is being used as a temporary homeless shelter.
CBRE’s Dan Blackwell and George Felix represented the buyer and the seller, a private investor. “Due to the shortage of undeveloped land on the Beach Boulevard corridor, we were able to generate multiple competitive offers for the seller,” said Felix.
|
|
 Return to the Archive page
|
|
|
|
|
Printer-friendly Version
Email an Associate
