
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.
- 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