311 Alabama St - Apartments FOR SALE


Huntington Beach, CA 92648
$5,800,000 USD
949-584-0503
311 Alabama St, Huntington Beach, CA for Sale
$5,800,000 USD
Apartments - FOR SALE
1/11
null | 4.04% Cap Rate

311 Alabama St
Huntington Beach, CA 92648


HIGHLIGHTS

  • Just Steps to Main Street and Pacific City
  • ½ Mile Walk to the Sand
  • Ideal Mix of (8) 2-Bedrooms and (4) 1-Bedrooms
  • Absolute Pride of Ownership & New Roof (2024)
  • First Time on the Market in Decades
  • WalkScore © of 92 – Walker’s Paradise

OVERVIEW

Offered for sale for the first time in decades, we are pleased to present Arlington Apartments, located at 311 Alabama Street. With twelve (12) units, this is currently the largest multifamily property on the market in and around the downtown area. The property offers a desirable mix of (4) 1-bedroom/1-bathroom units, (2) 2-bedroom/1-bathroom units, and (6) 2-bedroom/1.5-bathroom townhomes. 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. The next owner can take advantage of additional upside in rents as well as the possible conversion of garages and/or carports into Accessory Dwelling Units (ADUs). Additionally, the property had a new roof installed in 2024.

FOR SALE DETAILS

PRICE

$5,800,000 USD

PRICE/SF

$283 USD /SF

# OF UNITS

12

PRICE/UNIT

$483,333

CAP RATE

4.04%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Arlington

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1963

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,502 SF

ZONING

-

APN/PARCEL ID

024-206-33

ASK ABOUT THIS PROPERTY

Damien BreauxMorgan-Skenderian Investment Real Estate GroupMore Info
949-584-0503

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Damien BreauxMorgan-Skenderian Investment Real Estate GroupMore Info
949-584-0503

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.