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Triplex at 526 17th Street
$2,800,000
526 17th Street
Huntington Beach, Orange, 92648
Triplex · 3 units
Active · 8 days on market

Deal numbers

Est. cap rate
1.8%
Assumed rent, all units
$8,490/mo
Units
3
Price per unit
$933,333
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.

5.0%
50%
25%
7.00%
Effective gross income
$96,786
Operating expenses
$48,393
Net operating income
$48,393
Annual debt service
$167,656
Annual cash flow
-$119,263
Cash on cash return
-17.0%
Down payment
$700,000

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
1
Garage spaces
3
Cooling
None
Pool
None
Status
Active
Days on market
8
MLS #
247975386

About this property

This stunning triplex sits on a double-corner lot, just a stone's throw from the magnificent Surf City USA beaches and within walking distance of all the excitement downtown Huntington Beach offers, including Main Street and Pacific City with ample shopping, eateries, and entertainment. The front unit is a spacious haven, featuring 3 bedrooms and 2 full baths, covering approximately 1,600 sq ft, and showcasing a generous front yard to soak in the refreshing ocean breeze, as well as a large private garden back patio. The other two units, each around 1,000 sq ft, provide cozy retreats with 2 bedrooms and 2 full baths in each, and their separate private entries. The property offers 3 single-car garage spaces and a common laundry area. This property provides ample space and privacy, making it an ideal place to call home for both an owner and tenants.

Location

526 17th Street

Huntington Beach, Orange, CA, 92648

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

526 17th St, Huntington Beach CA | Multifamily for Sale