$5,800,000
SOLD JUN 16, 2025

311 Alabama St Huntington Beach, CA 92648

5 Beds
4 Baths
10,553 Sq Ft
0.29 Acres

Recently Sold

$550 Per Sq Ft

25 Days on Market

About This Home

As of June 2025

Pleased to present the Arlington Apartments, located at 311 Alabama Street. At twelve (12) units, this is currently the largest multifamily property on the market in and around the downtown area. Ideally situated just steps from Pacific City and Main Street, and half a mile from the sand, residents are in the heart of the very best that Huntington Beach has to offer. With ±10,553 rentable square feet, Arlington Apartments is comprised of large 1- and 2-bedroom units. The next owner can take advantage of additional upside in the rents as well as the possible conversion of garages and/or carports into Accessory Dwelling Units (ADUs).

Last Agent to Sell the Property

Damien Breaux

Morgan Skenderian Brokerage Email: db@morganskenderian.com License #01460301 Listed on: 03/14/2025

Co-Listed By

Jay Skenderian

Morgan Skenderian Brokerage Email: db@morganskenderian.com License #01220368

Last Buyer's Agent

Rick Applebaum

Morgan Skenderian License #01273871

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $63,948

Year Built

  • Built in 1963

Lot Details

  • 0.29 Acre Lot
  • 1 Common Wall

Parking

  • 8 Car Garage
  • 4 Carport Spaces
  • Parking Available
  • Assigned Parking

Home Design

  • Apartment

Interior Spaces

  • 10,553 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Outdoor Features

  • Rain Gutters

Listing and Financial Details

  • Legal Lot and Block 4 / 301
  • Tax Tract Number 813
  • Assessor Parcel Number 02420633
  • $3,188 per year additional tax assessments

Community Details

Building Details

  • Rent Control
  • 13 Separate Electric Meters
  • 13 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $4,080
  • Fuel Expense $4,080
  • Gardener Expense $3,600
  • Insurance Expense $5,838
  • Maintenance Expense $19,638
  • Other Expense $1,250
  • Trash Expense $4,080
  • Water Sewer Expense $4,080
  • New Taxes Expense $67,136
  • Operating Expense $113,782
  • Gross Income $2,220
  • Net Operating Income $234,486

Additional Features

  • 12 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$63,948

Year Built

Built in 1963

Lot Details

0

Parking

8

Listing Details

  • Assessments: Yes
  • CapRate: 4.00
  • Price Per Unit: 483333
  • Property Attached: Yes
  • Water Sewer Expenses: 4080.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 3600.00
  • Parcel Number: 02420633
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 549.61

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 4.00
  • Garage Spaces: 8.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 12.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 4080.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 12632.00
  • Lot Size Acres: 0.2900

Multi Family

  • Electric Expense: 4080.00
  • Fuel Expense: 4080.00
  • Gross Income: 2220.00
  • Gross Multiplier: 16.15
  • Gross Operating Income: 348268.00
  • Gross Scheduled Income: 359040.00
  • Insurance Expense: 5838.00
  • Laundry Equipment Own Lease: Lease
  • Laundry Income: 2220.00
  • Lot Size Area: 12632.0000 Square Feet
  • Maintenance Expense: 19638.00
  • Net Operating Income: 234486.00
  • Number Of Separate Electric Meters: 13
  • Number Of Separate Gas Meters: 13
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 12
  • Operating Expense: 113782.00
  • Other Expense: 1250.00
  • Other Expense Description: misc
  • Rent Control: Yes
  • Total Actual Rent: 29735.00
  • Total Expenses: 113782.00
  • Vacancy Allowance: 10771

Tax Info

  • New Taxes Expense: 67136.00
  • Tax Block: 301
  • Tax Census Tract: 993.06
  • Tax Lot: 4
  • Tax Tract Number: 813
  • Tax Annual Amount: 63948.00
  • TaxOtherAnnualAssessmentAmount: 3188.00

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 Change Sq Ft Price
06/16/2025 06/16/25 Sold $5,800,000 0.0% $550 / Sq Ft
03/14/2025 03/14/25 For Sale $5,800,000 0.0% $550 / Sq Ft
02/10/2025 02/10/25 Price Changed $2,195 +4.5% --
12/11/2024 12/11/24 Price Changed $2,100 -2.3% --
10/01/2024 10/01/24 For Rent $2,150 -- --
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: PW25056711

California Regional Multiple Listing Service (CRMLS)

APN: 024-206-33