NOT LISTED FOR SALE

1905 Alabama St Huntington Beach, CA 92648

7 Beds
7 Baths
4,025 Sq Ft
6,098 Sq Ft Lot

Last Sold January 27, 2023

Last sale price $1,725,000 $429 Per Sq Ft

161 Days on Market

Highlights

  • Ocean Side of Freeway
  • Traditional Architecture
  • Wood Flooring
  • Agnes L. Smith Elementary Rated A-
  • Cathedral Ceiling
  • No HOA

About This Home

As of January 2023

Huge PRICE REDUCTION. Seller wants this income producing property sold. Terrific and large two story 3 plex in Downtown Huntington Beach. Check the sq footage at over 4,000 sq ft. The two 3 bedroom, 3 bathroom apartments are larger than many condos. Walking distance to Smith, Dryer, and HBHS schools. Three one car garages with automatic openers, one for each apartment. Two uniquely large 3 bedroom, 3 bath apartments (with fireplaces) and the other a one bedroom, one bath apartment. One of the three bedroom apartments was redone in 2021. Each apartment has a electric and gas meter. The property has a full service laundry and the larger apartments have patios. The beach is just over 1 mile. Seacliff Shopping center is a short bike ride. You can easily bike to downtown shops and restaurants, and Pacific City. The Newland Center shopping and restaurants are less than 1/2 mile. Lake Park is 1/4 mile. Think about using one apartment as an owner's residence, and rent out the other two apartments. Opportunities galore.

Last Agent to Sell the Property

Charles Finn

Coldwell Banker-Campbell Rltrs License #00672921 Listed on: 07/06/2022

Coldwell Banker-Campbell Rltrs

Last Buyer's Agent

Doug Merlino

Beach Pointe Properties Inc License #01333796

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1974

Lot Details

  • 6,098 Sq Ft Lot
  • No Common Walls
  • Level Lot

Parking

  • 1 Open Parking Space
  • 3 Car Garage
  • Parking Available
  • Single Garage Door

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 4,025 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Living Room with Fireplace
  • Laundry Room

Kitchen

  • Gas and Electric Range
  • Dishwasher

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Bathrooms

Outdoor Features

  • Ocean Side of Freeway
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Water Heater
  • Sewer Paid
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, snow removal
  • Legal Lot and Block 3 / 1901
  • Tax Tract Number 813
  • Assessor Parcel Number 02503515
  • $749 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Downtown Area Subdivision

Amenities

  • Laundry Facilities

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • Electric Expense $378
  • Fuel Expense $279
  • Gardener Expense $960
  • Insurance Expense $1,331
  • Other Expense $260
  • Pest Control $356
  • Trash Expense $2,271
  • Water Sewer Expense $1,049
  • New Taxes Expense $22,000
  • Operating Expense $34,014
  • Gross Income $91,080
  • Net Operating Income $54,666

Property Details

Home Type

Apartment

Year Built

Built in 1974

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • Subdivision Name Other: Downtown Area (DOWN)
  • View: No
  • Water Sewer Expenses: 1049.00
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Gardener Expense: 960.00
  • Parcel Number: 02503515
  • Year Built: 1974
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Cathedral Ceiling(s)
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Laminate, Wood
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 428.57

Exterior Features

  • Foundation: Slab
  • Fence: No
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage - Single Door
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas & Electric Range, Refrigerator, Water Heater
  • Heating Type: Central, Forced Air, Natural Gas
  • Laundry Features: Community
  • Pest Control Expense: 356.00
  • Sewer: Sewer Paid
  • Trash Expense: 2271.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 6098.00
  • Lot Size Acres: 0.1400
  • Latitude Manual: 33.67420200

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Snow Removal

Multi Family

  • Electric Expense: 378.00
  • Fuel Expense: 279.00
  • Gross Income: 91080.00
  • Gross Scheduled Income: 91080.00
  • Insurance Expense: 1331.00
  • Lot Size Area: 6098.0000 Square Feet
  • Net Operating Income: 54666.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Carpet: 2
  • Number With Dishwasher: 3
  • Number With Disposal: 3
  • Number With Patio: 2
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Operating Expense: 33414.00
  • Other Expense: 260.00
  • Other Expense Description: postage
  • Rent Control: No
  • Total Actual Rent: 7390.00
  • Total Expenses: 34014.00
  • Waterfront Features: Ocean Side of Freeway

Tax Info

  • New Taxes Expense: 22000.00
  • Tax Block: 1901
  • Tax Census Tract: 993.05
  • Tax Lot: 3
  • Tax Tract Number: 813
  • TaxOtherAnnualAssessmentAmount: 749.00

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/27/2023 01/27/23 Sold $1,725,000 -4.2% $429 / Sq Ft
12/14/2022 12/14/22 Pending -- -- --
12/05/2022 12/05/22 Price Changed $1,800,000 -9.5% $447 / Sq Ft
10/07/2022 10/07/22 Price Changed $1,990,000 -9.5% $494 / Sq Ft
09/15/2022 09/15/22 Price Changed $2,199,000 -8.3% $546 / Sq Ft
07/20/2022 07/20/22 Price Changed $2,399,000 -11.1% $596 / Sq Ft
07/06/2022 07/06/22 For Sale $2,700,000 -- $671 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22140966

California Regional Multiple Listing Service (CRMLS)

APN: 025-035-15