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811 Alabama Street

Huntington Beach, CA 92648
  • $3,349,000
  • STATUS: Active Under Contract
  • ON SITE: 89 Days
  • ID#: NP24236219
Under Contract
UPDATED: 46 min ago
$3,349,000
  • 0
    BEDS
  • 0.22
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1978
County:

School Ratings & Info

Listing Agent(s): Nick Gould of Gould Group Inc (949-996-7976)


Description

811 Alabama Street in Huntington Beach presents a rare opportunity in an unbeatable location, just minutes from the vibrant DowntownHuntington Beach area and its iconic beach, pier, and Pacific City shopping. This property sits on a highly coveted triple-wide lot, aa 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 privatepatios, 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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-02-16T00:26:29.17. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Lori Thompson | Coldwell Banker Realty. Licensed in the State of California, USA.
www.housesforsalesocal.com/homes/158003383
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811 Alabama Street Huntington Beach, CA 92648

  • Price: $3,349,000
  • Status: Active Under Contract
  • On Site: 89 Days
  • Updated: 46 min ago
  • ID#: NP24236219
0
Beds
0
Baths
0
½ Baths
0.22
Acres
1978
Built
Neighborhood:
Downtown Area (Down)
County:
Orange
Area:
15 - West Huntington Beach
Property Description
811 Alabama Street in Huntington Beach presents a rare opportunity in an unbeatable location, just minutes from the vibrant DowntownHuntington Beach area and its iconic beach, pier, and Pacific City shopping. This property sits on a highly coveted triple-wide lot, aa 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 privatepatios, 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.
Exterior Features

Entry Level 2 Entry Location 2 Lot Features 6-10 Units/Acre Number Of Separate Electric Meters 8 Parking Features Assigned Parking Total 12 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Paved Spa Features None Spa YN No View None View YN No

Interior Features

Common Walls 2+ Common Walls Cooling None Cooling YN No Fireplace Features ElectricFamily Room Fireplace YN Yes Flooring Vinyl Heating Wall Furnace Heating YN Yes Window Features Double Pane Windows

Property Features

Additional Parcels YN No Cap Rate 3.4 Common Interest Community Apartment Community Features BikingCurbsStorm Drain(s)Street LightsSidewalksWater Sports Contingency PLEASE DO NOT DISTURB THE TENANTS! Only showing interiors with an accepted offer. Contact Listing Agent Nicholas Gould at (949)996-4785 or ng@gouldgroupinc.com for more information. Electric Expense 1976 Fuel Expense 2500 Garage YN Yes Gross Income 187140 Gross Scheduled Income 187140 Insurance Expense 7300 Land Lease YN No Laundry Features Common Area Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New LoanConventional Maintenance Expense 10440 Net Operating Income 112385 New Construction YN No New Taxes Expense 39739 Number Of Separate Gas Meters 8 Number Of Separate Water Meters 1 Operating Expense 69141 Property Sub Type Apartment Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Trash Expense 2000 Vacancy Allowance 5614 Vacancy Allowance Rate 3 Water Sewer Expense 2100 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-02-16T00:26:29.17. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Lori Thompson | Coldwell Banker Realty. Licensed in the State of California, USA.
 
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Lori Thompson | Coldwell Banker Realty
19440 Goldenwest Street
Huntington Beach CA, 92648
Listing Agent(s): Nick Gould of Gould Group Inc (949-996-7976)