Est. cap rate

3.4%

Assumed rent, all units

$10,920/mo

Units

4

Price per unit

$487,500

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

3,601 sqft

Lot size

7,697 sqft

Year built

1964

Stories

1

Garage spaces

4

Style

Mid Century Modern

Cooling

None

Pool

None

View

None

Status

Active

Days on market

0

MLS #

249243954

About this property

8421 Warner Avenue offers stability, livability, and upside potential in one of Orange County’s most desirable coastal rental markets. Set on a 7,697 SF lot, the property features four single-story 2BR/1BA units of approximately 900 SF each, a uniform unit mix that appeals to couples, roommates, and small families alike. Each unit includes in-unit laundry hookups, a private patio, an individual water heater, and double-pane windows, while two two-car garages and three open spaces provide seven total parking spaces with assigned garage parking. Currently 100% occupied by long-term tenants and with a projected 9% rental upside through cosmetic upgrades, the asset presents a compelling opportunity for investors seeking stable income and value-add growth in Huntington Beach.

Location

8421 Warner Avenue

Huntington Beach, Orange, CA, 92647