811 Alabama ST Huntington Beach, CA 92648
Active
$3,450,000
7 Units
13 Beds
11 Baths
6,106 Area(sq.ft.)
9,583 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 3 | 2 | No | $ 2,325 | $ 2,325 | $ 3,895 |
| Unit 2 | 1 | 1 | 1 | No | $ 1,375 | $ 1,375 | $ 2,695 |
| Unit 3 | 1 | 3 | 2 | No | $ 2,700 | $ 2,700 | $ 3,895 |
| Unit 4 | 1 | 1 | 1 | No | $ 1,400 | $ 1,400 | $ 2,695 |
| Unit 5 | 1 | 2 | 2 | No | $ 2,600 | $ 2,600 | $ 3,195 |
| Unit 6 | 1 | 1 | 1 | No | $ 1,600 | $ 1,600 | $ 2,695 |
| Unit 7 | 1 | 2 | 2 | No | $ 2,400 | $ 2,400 | $ 3,195 |
| 7 | 7 | 13 | 11 | $ 14,400 | $ 14,400 | $ 22,265 |
| MLS #: | NP24236219MR |
| Days On Market: | 0 |
| County: | Orange County |
| Property Type: | Residential Income |
| Price per ft2: | $ 565 |
| Price per unit: | $ 492,857 |
| Year Built: | 1978 |
Property Details
811 Alabama Street in Huntington Beach presents a rare opportunity in an unbeatable location, just minutes from the vibrant Downtown Huntington Beach area and its iconic beach, pier, and Pacific City shopping. This property sits on a highly coveted triple-wide lot, a a rarity in the neighborhood, providing ample space and privacy for residents. The property features a superb unit mix, including (2) 3-bedroom, 2.5-bath units, (2) 2-bedroom, 2-bath units, and (3) 1-bedroom, 1-bath units, offering diverse appeal for renters. Many of the units have been renovated, featuring modern upgrades while still leaving room for a new investor to capitalize on significant upside potential in the current rental market. Each unit is designed with outdoor living in mind, boasting private patios, yards, or balconies perfect for enjoying the coastal breeze. With 12 single-car garages, parking is abundant, a valuable amenity in this high-demand area.Interested in this Listing?
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Income Details
| Rent Control: | Yes |
| Gross Operating Income: | $ 168,780 |
| Total Annual Expense: | $ 71,335 |
| Net Operating Income: | $ 97,445 |
Structure
| Community Features: | Biking, Curbs, Watersports, Sidewalks, Storm Drains, Street Lights |
| Sewer: | Public Sewer |
| View Description: | None |
| Water: | Public |
Land & Parking
| Land Lease Type: | Fee |
| Parking Garage: | Assigned |
| Total Parking: | 12 |
Interior
| AC/Cooling: | None |
| Heating: | Wall |
| Fireplace Rooms: | Electric, Family Room |
| Laundry: | Laundry Area |
Exterior
| Pool: | No |
| Spa: | No |
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