NOT LISTED FOR SALE

405 Alabama St Huntington Beach, CA 92648

5 Beds
4 Baths
2,720 Sq Ft
6,098 Sq Ft Lot

Last Sold May 01, 2024

Last sale price $1,775,000 $653 Per Sq Ft

33 Days on Market

Highlights

  • Granite Countertops
  • Private Yard
  • Laundry Room
  • Agnes L. Smith Elementary Rated A-
  • No HOA
  • Tile Flooring

About This Home

As of May 2024

Beach duplex with unlimited possibilities. This double lot property has an older cottage in the front 2 bedroom-den 1 bath with add on room.front patio, living room ,open kitchen with corona counters... small back fenced in patio-yard for kids or small dog. both units have their own laundry areas.The back unit was built in 1984 and consists of a 3 bedroom 3 bath unit with one bedroom /bath on the first level and the kitchen ,living area and 2 other bedrooms 2 baths up stairs.The owner built 2 -2car garages also when the back unit was built..there is a back yard/patio..balcony off the living room upstairs.The roof is composition ..So now look through the drone pictures and you will see that you're only blocks down to Main Street ,Walk to pier,ocean and the pacific city shopping ,entertainment complex.use as a vacation home?
live in one rent the other out? down the road you can build 2 single family homes...rents have not been raised in front unit in years...
both on month to month...

Last Agent to Sell the Property

David Macleod

Coldwell Banker Realty Brokerage Phone: 714-271-5645 License #00934704 Listed on: 03/09/2024

Coldwell Banker Realty

Last Buyer's Agent

Dick Lobin

Century 21 Affiliated License #00704431

Century 21 Affiliated

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1983

Lot Details

  • 6,098 Sq Ft Lot
  • No Common Walls
  • Private Yard

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 2,720 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace

Kitchen

  • Gas Range
  • Granite Countertops
  • Ceramic Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Exterior Lighting

Utilities

  • Forced Air Heating System
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 057
  • Assessor Parcel Number 02420631
  • $527 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units
  • Downtown Area Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,450
  • Pest Control $200
  • Water Sewer Expense $1,640
  • Operating Expense $3,100
  • Net Operating Income $64,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1983

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Downtown Area (DOWN)
  • Water Sewer Expenses: 1640.00
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 02420631
  • Year Built: 1983
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceramic Counters, Granite Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 652.57

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Heating Type: Forced Air
  • Laundry Features: In Garage
  • Pest Control Expense: 200.00
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 6098.00
  • Lot Size Acres: 0.1400

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 1000 Square Feet
  • Average3 Bed Area: 1780 Square Feet
  • Gross Scheduled Income: 72000.00
  • Insurance Expense: 1450.00
  • Lot Size Area: 6098.0000 Square Feet
  • Net Operating Income: 64000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Carpet: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Operating Expense: 8220.00
  • Rent Control: No
  • Total Expenses: 3100.00

Tax Info

  • Tax Census Tract: 993.06
  • Tax Lot: 057
  • Tax Tract Number: 99999
  • TaxOtherAnnualAssessmentAmount: 527.00

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
05/01/2024 05/01/24 Sold $1,775,000 -6.5% $653 / Sq Ft
03/09/2024 03/09/24 For Sale $1,899,000 -- $698 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • David Macleod

    Seller's Agent in 2024

    David Macleod

    Coldwell Banker Realty

    (714) 271-5645

    91 Total Sales

    David Macleod
    Section Image
  • Dick Lobin

    Buyer's Agent in 2024

    Dick Lobin

    Century 21 Affiliated

    (714) 271-7727

    63 Total Sales

    Dick Lobin
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24047920

California Regional Multiple Listing Service (CRMLS)
California Orange County Huntington Beach 92648

405 Alabama St, Huntington Beach, CA

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