NOT LISTED FOR SALE

2205 Alabama St Huntington Beach, CA 92648

6 Beds
5 Baths
3,292 Sq Ft
6,629 Sq Ft Lot

Last Sold May 31, 2019

Last sale price $1,371,000 $416 Per Sq Ft

30 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • 3 Car Garage
  • John R. Peterson Elementary Rated A-
  • Landscaped

About This Home

As of May 2019

Great Income Property, in highly desired area of Huntington Beach, popular and competitive "renters place to be, 'it' spot"
2205 Alabama Street, Huntington Beach contains 3-units located in a prime rental location in Huntington Beach.
The units are comprised of (1) one bedroom/one bathroom unit, (1) two bedroom/ one a half bathroom unit and (1) three bedroom/two bathroom unit. Units include garage parking, patios and balconies, while being just a short distance from the sand as well as the shopping, dining, and entertaining of downtown HB, Main Street, and Pacific City. Rental demand is high, vacancies rare, and qualified applicants numerous, a sweet trifecta for any potential investment owner.

Note: The listed ProForma rents are the actual rents for a model match triplex a few doors down. The ProForma rents from this listing are even higher at ($1700, $2300, $2950)

Last Agent to Sell the Property

Delight Sittman

ReMax Tiffany Real Estate License #00991161 Listed on: 04/02/2019

Co-Listed By

Nicole Sittman

ReMax Tiffany Real Estate License #01956691

Last Buyer's Agent

Amber Wilhelm

No Firm Affiliation License #01796208

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1976

Lot Details

  • 6,629 Sq Ft Lot
  • Two or More Common Walls
  • Landscaped
  • Density is 2-5 Units/Acre

Parking

  • 3 Car Garage
  • Parking Available

Home Design

  • Triplex

Interior Spaces

  • 3,292 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Legal Lot and Block 3 / 2201
  • Tax Tract Number 813
  • Assessor Parcel Number 02502312

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Electric Expense $353
  • Fuel Expense $581
  • Gardener Expense $495
  • Insurance Expense $3,637
  • Maintenance Expense $9,645
  • Pest Control $178
  • Supplies Expense $708
  • Trash Expense $1,302
  • Water Sewer Expense $812
  • New Taxes Expense $5,234
  • Operating Expense $23,745
  • Gross Income $65,495
  • Net Operating Income $41,355

Property Details

Home Type

Multi-Family

Year Built

Built in 1976

Lot Details

0

Parking

3

Listing Details

  • CapRate: 3.00
  • Property Attached: Yes
  • Subdivision Name Other: Vista Del Mar Homes (VDMH)
  • Supplies Expense: 708.00
  • Water Sewer Expenses: 812.00
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 495.00
  • Parcel Number: 02502312
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 416.46

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Pest Control Expense: 178.00
  • Sewer: Public Sewer
  • Trash Expense: 1302.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Landscaped
  • Lot Size Sq Ft: 6629.00
  • Lot Size Acres: 0.1522

Multi Family

  • Electric Expense: 353.00
  • Fuel Expense: 581.00
  • Gross Income: 65495.00
  • Gross Scheduled Income: 65100.00
  • Insurance Expense: 3637.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 394.00
  • Lot Size Area: 6629.0000 Square Feet
  • Maintenance Expense: 9645.00
  • Net Operating Income: 41355.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Dishwasher: 3
  • Number With Disposal: 3
  • Number With Patio: 3
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Operating Expense: 23745.00
  • Rent Control: No
  • Total Actual Rent: 5425.00
  • Total Expenses: 23745.00

Tax Info

  • New Taxes Expense: 5234.00
  • Tax Block: 2201
  • Tax Census Tract: 993.05
  • Tax Lot: 3
  • 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
05/31/2019 05/31/19 Sold $1,371,000 -2.1% $416 / Sq Ft
04/02/2019 04/02/19 For Sale $1,399,900 -- $425 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Delight Sittman

    Seller's Agent in 2019

    Delight Sittman

    RE/MAX

    (714) 952-4950

    74 Total Sales

    Delight Sittman
    Section Image

  • N

    Seller Co-Listing Agent in 2019

    Nicole Sittman

    RE/MAX

    Section Image

  • A

    Buyer's Agent in 2019

    Amber Wilhelm

    No Firm Affiliation

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19072817

California Regional Multiple Listing Service (CRMLS)

APN: 025-023-12

California Orange County Huntington Beach 92648

2205 Alabama St, Huntington Beach, CA

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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