NOT LISTED FOR SALE

1909 Alabama St Huntington Beach, CA 92648

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

Last Sold August 07, 2018

Last sale price $1,850,000 $460 Per Sq Ft

20 Days on Market

Highlights

  • Primary Bedroom Suite
  • Dual Staircase
  • Traditional Architecture
  • Agnes L. Smith Elementary Rated A-
  • Wood Burning Stove
  • Granite Countertops

About This Home

As of August 2018

Extra Large building (4025 sq ft), Beach close (1 mile) investment property, high demand downtown Surf City mulit-family with great parking - two townhouse style 3 bed 2.5 bath units (1735 + 1640 sq. ft. with fireplaces) plus a 1 bedrm unit. Excellent condition, all units remodeled recently, NO deferred maintenance, turnkey. Long term tenants, actual rents in analysis, no rent control. Tenants LOVE inside laundry in both 3 bdrms, separate coin op laundry for 1 br (landlord owned machines) and lots of parking. Private outdoor space for the 3 br's - enclosed patio / yard areas. 3 private garages each with additional parking space in front. Tenants seeking lifestyle find it here! Pride of ownership - suitable for owner occupancy. Kitchens feature quartz and granite countertops, stainless steel appliances, Bosch quiet dishwashers, custom tiled baths, tankless water heaters in two units, one year old paint, dual paned windows - 50 year roof new in 2006, upgraded recessed lighting, attic fans, upgraded floors and window coverings - HAS IT ALL! Compare to ANY other building! Plug and play. Do Not Disturb Tenants - Call Dave with questions.

Last Agent to Sell the Property

Dave Kerlin

HomeSmart PV & Associates License #00835168 Listed on: 06/10/2018

HomeSmart PV & Associates

Last Buyer's Agent

William Shelton

Coldwell Banker Envision License #00627995

Coldwell Banker Envision

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1974 | Remodeled

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50 x 125
  • Two or More Common Walls
  • East Facing Home
  • Masonry wall
  • Redwood Fence
  • Landscaped
  • Rectangular Lot
  • Level Lot
  • Private Yard
  • Lawn
  • Front Yard
  • Density is 2-5 Units/Acre

Parking

  • 3 Car Direct Access Garage
  • 4 Open Parking Spaces
  • Parking Storage or Cabinetry
  • Front Facing Garage
  • Driveway Level
  • On-Street Parking
  • Parking Lot
  • Off-Street Parking
  • Off-Site Parking
  • Assigned Parking

Home Design

  • Triplex
  • Traditional Architecture
  • Slab Foundation
  • Shingle Roof
  • Ridge Vents on the Roof
  • Synthetic Roof
  • Lap Siding
  • Shingle Siding
  • Stone Siding
  • HardiePlank Type
  • Stucco

Interior Spaces

  • 4,025 Sq Ft Home
  • 2-Story Property
  • Dual Staircase
  • Crown Molding
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Custom Window Coverings
  • Blinds
  • Casement Windows
  • Window Screens
  • Entryway
  • Family Room
  • Living Room with Fireplace
  • Den

Kitchen

  • Gas Oven
  • Self-Cleaning Oven
  • Built-In Range
  • Free-Standing Range
  • Range Hood
  • Recirculated Exhaust Fan
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Granite Countertops
  • Disposal
  • Instant Hot Water

Flooring

  • Carpet
  • Laminate
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 7 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Termite Clearance

Accessible Home Design

  • Doors swing in
  • Low Pile Carpeting
  • Accessible Parking

Outdoor Features

  • Living Room Balcony
  • Exterior Lighting

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Vented Exhaust Fan
  • Natural Gas Connected
  • Tankless Water Heater
  • Hot Water Circulator
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • ENERGY STAR Qualified Equipment
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 5
  • Tax Tract Number 813
  • Assessor Parcel Number 02503514

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $395
  • Fuel Expense $157
  • Gardener Expense $1,368
  • Insurance Expense $2,097
  • Maintenance Expense $1,500
  • Trash Expense $1,438
  • Water Sewer Expense $1,167
  • New Taxes Expense $23,400
  • Operating Expense $31,633
  • Gross Income $96,663
  • Net Operating Income $65,030

Property Details

Home Type

Multi-Family

Year Built

Built in 1974 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • CapRate: 3.50
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Smoke Detector(s)
  • Subdivision Name Other: Downtown Area (DOWN)
  • View: No
  • Water Sewer Expenses: 1167.00
  • Zoning: R3
  • Architectural Style: Traditional
  • Property Condition: Termite Clearance, Updated/Remodeled
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 1368.00
  • Parcel Number: 02503514
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: 2 Staircases, Balcony, Ceiling Fan(s), Crown Molding, Granite Counters, Living Room Balcony, Pantry, Recessed Lighting, Stone Counters
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Laminate, Stone, Tile
  • Accessibility Features: Doors - Swing In, Low Pile Carpeting, Parking
  • Appliances: Yes
  • Fireplace Features: Living Room, Wood Burning
  • Levels: Two
  • Price Per Square Foot: 459.63
  • Room Type: All Bedrooms Up, Den, Entry, Family Room, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Master Suite, Walk-In Closet
  • Window Features: Blinds, Casement Windows, Custom Covering, Double Pane Windows, ENERGY STAR Qualified Windows, Screens, Skylight(s)

Exterior Features

  • Direction Faces: East
  • Foundation: Slab
  • Exterior Features: Lighting
  • Fence: Yes
  • Fencing: Masonry, Redwood
  • Pool Private: No
  • Roof: Ridge Vents, Shingle, Synthetic
  • Spa: No
  • Construction Materials: Hardiplank Type, Lap Siding, Shingle Siding, Stone, Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Parking Features: Assigned, Built-In Storage, Direct Garage Access, Driveway, Concrete, Driveway Level, Garage, Garage Faces Front, Off Site, Off Street, Parking Space, Street
  • Total Parking Spaces: 7.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, ENERGY STAR Qualified Appliances, Free-Standing Range, Disposal, Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater, High Efficiency Water Heater, Hot Water Circulator, Ice Maker, Instant Hot Water, Range Hood, Recirculated Exhaust Fan, Refrigerator, Self Cleaning Oven, Tankless Water Heater, Vented Exhaust Fan, Water Line to Refrigerator
  • Electric: Electricity - On Property
  • Heating Type: Forced Air, Fireplace(s), Wood Stove
  • Laundry Features: Gas Dryer Hookup, Individual Room, Outside, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 1438.00
  • Water Source: Public
  • Cooling: Energy Star Qualified Equipment
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Front Yard, Landscaped, Lawn, Level with Street, Rectangular Lot, Walkstreet, Yard
  • Lot Size: 50 x 125
  • Lot Size Sq Ft: 6098.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average1 Bed Area: 640 Square Feet
  • Average3 Bed Area: 1650 Square Feet
  • Electric Expense: 395.00
  • Fuel Expense: 157.00
  • Gross Income: 96663.00
  • Gross Multiplier: 19.20
  • Gross Scheduled Income: 96663.00
  • Insurance Expense: 2097.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 153.00
  • Maintenance Expense: 1500.00
  • Net Operating Income: 65030.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Dishwasher: 3
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Operating Expense: 31633.00
  • Rent Control: No
  • Total Actual Rent: 8050.00
  • Total Expenses: 31633.00

Tax Info

  • New Taxes Expense: 23400.00
  • Tax Area: 4-001
  • Tax Census Tract: 993.05
  • Tax Lot: 5
  • Tax Tract: 813
  • Tax Tract Number: 813

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
08/07/2018 08/07/18 Sold $1,850,000 0.0% $460 / Sq Ft
06/28/2018 06/28/18 Price Changed $1,850,000 -5.1% $460 / Sq Ft
06/10/2018 06/10/18 For Sale $1,950,000 0.0% $484 / Sq Ft
05/25/2018 05/25/18 Rented $1,840 0.0% --
05/01/2018 05/01/18 Price Changed $1,840 -2.4% $3 / Sq Ft
04/04/2018 04/04/18 For Rent $1,885 -39.2% --
05/31/2017 05/31/17 Rented $3,100 +3.5% --
05/28/2017 05/28/17 Price Changed $2,995 -3.4% $2 / Sq Ft
05/13/2017 05/13/17 Price Changed $3,100 -1.6% $2 / Sq Ft
05/05/2017 05/05/17 For Rent $3,150 -- --
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: RS18139179

California Regional Multiple Listing Service (CRMLS)

APN: 025-035-14