
Deal numbers
- Est. cap rate
- 1.7%
- Assumed rent, all units
- $8,490/mo
- Units
- 3
- Price per unit
- $998,333
- Est. annual NOI
- $50,940
- 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
- $96,786
- Operating expenses
- $48,393
- Net operating income
- $48,393
- Annual debt service
- $179,332
- Annual cash flow
- -$130,939
- Cash on cash return
- -17.5%
- Down payment
- $748,750
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
- Triplex
- Bedrooms
- 3
- Building size
- 3,099 sqft
- Lot size
- 5,663 sqft
- Year built
- 1972
- Stories
- 2
- Garage spaces
- 3
- Heating
- Ductless
- Cooling
- Ductless
- Pool
- None
- Status
- Active
- Days on market
- 22
- MLS #
- 246826209
About this property
Rare, extensively renovated coastal triplex just four blocks from the beach in one of Huntington Beach's most desirable neighborhoods. 522 17th Street offers an exceptional unit mix consisting of a spacious 3BR/2BA front owner's residence and two 2BR/2BA rear residences, combining immediate rental income with a compelling owner-occupant or long-term investor opportunity. The front residence lives more like a private home, with three bedrooms, two bathrooms, a private fenced front yard, expansive side yard, beautifully remodeled kitchen, open living areas and updated bathrooms. The rear ground-floor 2BR/2BA features its own private patio, while the upper 2BR/2BA is highlighted by an oversized private deck—providing each residence with desirable private indoor/outdoor living space. Private garage parking further distinguishes the property in this highly sought-after beach neighborhood. The property has undergone a comprehensive renovation with permitted improvements and completed final inspections, including new plumbing, electrical, insulation, kitchens, cabinetry, appliances, tiled showers, low-maintenance LVP flooring and individual mini-split heating and air conditioning systems. Exterior improvements include new paint, landscaping, fencing, smooth stucco walls, sprinkler lines, French drain and gutter improvements, plus termite treatment completed in August 2025. The private garage bays have also been refinished and include electrical service. Currently stabilized with quality tenants, the property provides immediate income while retaining future flexibility. Subject to City approval and applicable requirements, the existing attached garage area may also present an opportunity for future ADU conversion. For an owner-occupant, the unique configuration provides the opportunity to enjoy the larger front residence and private yards while generating income from the two rear units. Ideally positioned near Dwyer Middle School, Smith Elementary and Huntington Beach High School and approximately four blocks from the sand, with Downtown Huntington Beach, Main Street, Pacific City, parks, Seacliff, dining, and entertainment nearby. Extensively renovated coastal multifamily properties offering this unit mix, private outdoor space, garage parking and proximity to the beach are exceptionally difficult to replicate.
Location
522 17th
Huntington Beach, Orange, CA, 92648