Est. cap rate

2.7%

Assumed rent, all units

$11,320/mo

Units

4

Price per unit

$619,975

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

4,761 sqft

Lot size

8,276 sqft

Year built

1973

Stories

2

Garage spaces

8

Style

Contemporary

Heating

Natural Gas,Forced Air,Central

Cooling

None

Pool

None

View

None

Status

Active

Days on market

13

MLS #

247509227

About this property

Prime Huntington Harbor location in Westside Huntington Beach. Extremely rare 4,761 sq ft 4-Plex on large 8,276 sq ft lot with all units having 2-car attached garages with separate upstairs laundry areas. Currently family owned for 40+ years, it's time to retire and enjoy life. They do intend to take half the proceeds into a 1031 Exchange (SFR) and Buyers must agree to cooperate with Sellers at no cost to Buyers. Great configuration with 3 two bedroom, 2.5 bath units (one with a private yard and 2 with private vinyl fenced patios) and 1 three bedroom, 2.5 Bath unit with its own private fenced yard. The property was re-roofed 5 years ago and all units have been updated over time and are in good condition. Community features easy walking to shopping, restaurants, bike to the beach and harbor with great kayaking !!! The neighborhood is tucked away from busy streets and very quiet. Please "Drive By" only, do not disturb existing Tenants.

Location

16692 Dolores

Huntington Beach, Orange, CA, 92649