
Deal numbers
- Est. cap rate
- 2.7%
- Assumed rent, all units
- $11,320/mo
- Units
- 4
- Price per unit
- $631,250
- 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.
- Effective gross income
- $129,048
- Operating expenses
- $64,524
- Net operating income
- $64,524
- Annual debt service
- $151,190
- Annual cash flow
- -$86,666
- Cash on cash return
- -13.7%
- Down payment
- $631,250
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
- 4,158 sqft
- Lot size
- 7,405 sqft
- Year built
- 1974
- Stories
- 2
- Garage spaces
- 7
- Heating
- Central
- Cooling
- None
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 1
- MLS #
- 244785509
About this property
Exceptional investment opportunity to own a well-maintained 4-unit apartment building in a highly desirable Huntington Beach location. Featuring an excellent unit mix that appeals to a broad range of tenants, this property offers strong rental demand, long-term appreciation potential, and upside in future rents. Three of the four units feature attached two-car garages with direct access and spacious private decks, providing desirable indoor-outdoor living and added tenant convenience. Pride of ownership is evident throughout, making this an attractive asset for both investors and tenants. Ideally located just minutes from Downtown Huntington Beach, the beach, the iconic pier, shopping, dining, and entertainment, this property offers the perfect combination of location, lifestyle, and investment potential.
Location
7322 Garfield
Huntington Beach, Orange, CA, 92648