7736 Sugar Dr, Huntington Beach, CA 92647

Property Description

ATTENTION INVESTORS, DEVELOPERS & RESIDENTIAL CARE OPERATORS! COLLECT RENT TODAY. EXPLORE NEW POSSIBILITIES TOMORROW! 7736 SUGAR DRIVE, HUNTINGTON BEACH | APPROX. 22,800 SQ. FT. PARCEL | THREE EXISTING RESIDENCES | UNDERUTILIZED LAND! ONE PROPERTY. MULTIPLE STRATEGIES! This residential investment offers approximately 4,250 square feet of combined living space across three tenant-occupied residences, positioned along one portion of the lot. The remaining area, currently used in part as a tennis/basketball court, invites investigation of additional construction—potentially WITHOUT demolishing the existing income-producing improvements. A COMPELLING HISTORY: According to the seller, the property operated as an elderly residential care facility for approximately 20 years. This may interest investors evaluating specialized residential operations, subject to verification of prior use, current licensing, zoning, building and fire requirements, and approvals. No care-facility license or authorization is represented as currently active or transferable. DEVELOPMENT POTENTIAL: Conceptual materials illustrate a possible approximately 2,300-square-foot, two-story new residence plus an approximately 1,200-square-foot, two-story ADU on the underutilized portion. A potential lot split may also be investigated. Explore creating additional value while retaining existing improvements and rental income! EXISTING RESIDENCES: (1) Single-story 4-bedroom, 3-bath home with two primary suites and two fireplaces; (2) studio with kitchenette and full bath; and (3) 2-bedroom, 1-bath residence with kitchen area and living room. All are tenant-occupied on month-to-month agreements. THE OPPORTUNITY: Hold for rental income, investigate residential development, or evaluate a specialized residential use based on the property’s history and configuration. Review the aerial photographs, conceptual plans and renderings. IMPORTANT: This is a residential property, not represented as commercially zoned. Measurements are approximate. Plans are conceptual; construction, ADU size, subdivision, care operations, and rental continuity during construction are not approved or guaranteed. Buyer to verify legal unit status, zoning, permitted uses, licensing, tenant rights, access, utilities, easements, feasibility, costs and required approvals.