16611 S Pacific Ave, Sunset Beach, CA 90742

This prime waterfront parcel is the perfect prospect for an owner or investor. Currently there exists a rented duplex. The opportunity is to build a magnificent new dream home on the sand. After over 2 years of engineering, design and permitting process, the plans and permits are all approved through the California Coastal Commission and the City of Huntington Beach to build a 5,000 sq.ft. smart home right on the sand/ocean. Note: Zillow estimate is for non ocean front property. A developer or builder should be able to earn up to a 30% return on capital (depending on cost and sell price), plus profit over the 1-year build period. A home buyer, that hires their own builder, can save $600,000 to $1,400,000 by purchasing now for the land, approved plans and building permits.