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Quadruplex at 7322 Garfield
$2,525,000
7322 Garfield
Huntington Beach, Orange, 92648
Quadruplex · 4 units
Active · 1 days on market

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.

5.0%
50%
25%
7.00%
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

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

7322 Garfield, Huntington Beach CA | Multifamily for Sale