Est. cap rate

2.7%

Assumed rent, all units

$11,320/mo

Units

4

Price per unit

$622,500

Est. annual NOI

$67,920

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Quadruplex

Bedrooms

4

Building size

4,678 sqft

Lot size

9,700 sqft

Year built

1979

Stories

2

Garage spaces

5

Pool

None

Status

Active

Days on market

82

MLS #

242934731

About this property

SEE OFFERING MEMORANDUM IN SUPPLEMENTS. Rare pride-of-ownership 4-unit investment opportunity being offered for sale for the first time in approximately 25 years. Situated on an approximately 9,700 square foot lot within a quiet cul-de-sac comprised of only 13 multifamily properties, this offering presents a unique opportunity to acquire a well-maintained asset in one of Huntington Beach's most desirable rental markets. Built in 1979, the property consists of approximately 4,678 square feet and has benefited from long-term ownership and attentive maintenance. It currently generates approximately $139,740 in gross annual income and features an excellent unit mix of one 3-bedroom, 2.5-bath townhome-style residence and three 2-bedroom, 2-bath units. The 3-bedroom residence offers amenities rarely found in competing rental properties, including a private enclosed yard, side patio, attached two-car garage with direct access, and in-unit washer and dryer hookups. Three 2-bedroom units feature highly desirable dual primary suite floorplans, providing broad appeal to roommates, families, and professional tenants alike. Units #2 and #4 include private balconies, while Unit #3 enjoys a private enclosed rear yard. Interior improvements include granite countertops, updated cabinetry, ceramic tile flooring in kitchens, dining areas, and bathrooms, along with spacious floorplans offering generous storage throughout. Thoughtful design and larger unit layouts have contributed to strong occupancy history and long-term resident appeal. Additional amenities include five enclosed garages with automatic openers, approximately three off-street parking spaces, a community laundry faculty, and attractive tile roofing on both buildings. Combined with private outdoor spaces, ample parking, and well-designed floorplans, these features create a living environment that is increasingly difficult to replicate in today's development landscape. Ideally located near Huntington Harbour, beaches, shopping, dining, and major transportation corridors, the property benefits from strong fundamentals within Orange County's coastal rental market. This offering combines stable in-place income, an attractive unit mix, excellent physical condition, and a highly sought-after location, making it well suited for investors seeking a quality multifamily asset. Operating expenses shown consist primarily of utilities, current property taxes, insurance, landscaping, and property management.

Location

4891 Vista Drive

Huntington Beach, Orange, CA, 92649