
Huntington Beach, California 92648
This Coastal Income-Producing Duplex is a Strong Value Opportunity listed at $1,850,000—positioned below the $1,877,136 Fair Market Value by 1%. This valuation gap offers $27,136 in Instant Equity for buyers. Boasting a Top-Tier Condition Rating, the property features two remodeled units generating $6,800 in monthly income on a rare 6,226 sq. ft. divisible lot. Located blocks from the pier near 9/10 rated schools, it offers immediate cash flow and significant development upside. This is a premier acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a coastal house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 303 Alabama Subject | $1,850,000* List Price | 0 | 0 | 2,000 | $939 | - |
A 402 Indianapolis Avenue Sold | $1,915,000 | 0 | 0 | 1,873 | $1,022 | 0.4 mi |
B 319 14th Street B Sold | $2,029,000 | 0 | 0 | 2,334 | $869 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1953, the property has undergone extensive recent renovations to both units, presenting in turnkey condition. The interiors feature modern gourmet kitchens with stainless steel appliances and shaker cabinetry, updated bathrooms, and contemporary wood-styled flooring. Exterior upgrades including solar panels, high-quality pavers, and a large entertainer’s deck with a spa further justify the top-tier condition rating.
Elementary School: Huntington Seacliff Elementary School (9/10). High School: Huntington Beach High School (9/10).
The rare 6,226 sq. ft. divisible lot offers significant upside for developers or builders to create a multiplex or custom luxury homes in a high-demand coastal zone.
Situated just blocks from the sand, Huntington Beach Pier, and Pacific City, the property commands premium interest due to its exceptional walkability and 'Surf City' lifestyle.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2000, other record living area = 1070.
Originally built in 1953, the property may require more frequent maintenance or future updates to core systems compared to newer construction in the area.
While the rear unit features a split AC system, the main residence lacks a specified cooling system, which may be a drawback for some tenants or buyers during warmer months.
303 Alabama Street is a rare coastal duplex on a spacious, divisible lot just blocks from the sand. Perfect opportunity for Developers/Builders or Investors looking to build their future home or multiplex. The highly sought after location yields strong rental income at $6,800/mo. The main home (2BR/1BA, ~1200 SF) features a single story, open-concept layout, wood styled floors, stone fireplace, gourmet kitchen with island, inside laundry, remodeled bathroom, large windows that brings in natural light, and a spacious backyard with an entertainer’s deck and spa. It also has a 2-car garage and Sunrun solar panels that have no maintenance or monthly fees. The detached rear unit (2BR/1BA, ~800 SF) is a remodeled single story with modern kitchen, updated bathrooms, private laundry room, wood styled flooring, split AC system, private yard and large windows that also bring in natural light. Walking distance from the Huntington Beach Pier, Main Street, and the upscale dining and retail at Pacific City, this is a premier opportunity to acquire a well-maintained, income-producing asset on a rare divisible lot in the heart of Surf City.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades K-5 • 0.9 mi
Grades K-5 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,000 | 2,000 | 50% |
| Lot Size | 6,226 | 5,663 | 56% |
| Price | $1.85M | $1.85M | 50% |
| Price per sq ft | $925 | $1.0K | 44% |
| Built year | 1953 | 1956 | 44% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 197 | 11% |
Apr 14, 2026
$1,850,000
Initial Listing
Dec 31, 2020
$1,540,000
Public Record
May 21, 2015
$1,070,000
Public Record