Est. cap rate

3.3%

Assumed rent, all units

$10,920/mo

Units

4

Price per unit

$493,750

Est. annual NOI

$65,520

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

3,902 sqft

Lot size

6,534 sqft

Year built

1970

Stories

2

Garage spaces

4

Heating

Central

Cooling

None,Wall/Window Unit(s)

Pool

None

Status

Active

Days on market

24

MLS #

246876492

About this property

This well-maintained COVINGTON STYLE 4-UNIT property offers strong rental appeal in a very desirable area of Huntington Beach. Located on a quiet cul-de-sac to Murdy Park Community Center and only approx. 3 miles to the beach, residents can enjoy the refreshing coastal breezes. The property consists of four units, each with its own single-car garage with opener, plus two additional assigned uncovered parking spaces and a COMMUNITY LAUNDRY ROOM with INCOME-PRODUCING MACHINES. ** All four units are currently rented, providing a stable income stream for the new owner ** The spacious UNIT A features 3 bedrooms and 2 bathrooms, a fireplace and an enclosed side yard with vinyl fencing and covered patio. Interior features include a REMODELED KITCHEN, LVP flooring, crown molding, dual pane windows, plantation shutters, mirrored closet doors, and wall A/C units in the living room and primary bedroom ** UNIT B is a downstairs, 2-bedroom, 2-bath unit with a huge enclosed patio and was COMPLETELY RENOVATED in June 2026 with new appliances, LVP flooring, countertops, blinds, and a ceiling fan ** UNIT C is located on the second floor and features 2 bedrooms, 2 bathrooms, a private balcony and a wall A/C unit in the living room ** UNIT D is an upstairs carriage-style 1-bedroom, 1-bath unit with a private balcony and two walk-in closets. Completely RENOVATED in July 2026, improvements include: LVP flooring, new appliances, countertops, blinds, and a ceiling fan. Its garage space is WIRED for EV CHARGING. **** SIGNIFICANT PROPERTY IMPROVEMENTS include repiping, exterior repairs and repainting in 2025, completion of the State of California SB 721 deck inspection in December 2025, and replacement of the entire roof in 2024. With well-maintained interiors, substantial recent improvements, individual garage parking, and a desirable location near parks, community amenities, and the coast, this four-unit property presents an attractive opportunity for an investor.

Location

7282 La Mancha Cir

Huntington Beach, Orange, CA, 92647