
Deal numbers
- Est. cap rate
- 1.6%
- Assumed rent, all units
- $6,440/mo
- Units
- 2
- Price per unit
- $1,218,000
- Est. annual NOI
- $38,640
- 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
- $73,416
- Operating expenses
- $36,708
- Net operating income
- $36,708
- Annual debt service
- $145,861
- Annual cash flow
- -$109,153
- Cash on cash return
- -17.9%
- Down payment
- $609,000
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
- Duplex
- Bedrooms
- 4
- Building size
- 9,470 sqft
- Lot size
- 8,799 sqft
- Year built
- 1961
- Stories
- 1
- Garage spaces
- 4
- Style
- Bungalow
- Cooling
- None
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 0
- MLS #
- 249315851
About this property
Investment Opportunity | Two Duplexes on Separate Parcels in Huntington Beach Exceptional opportunity to acquire two income-producing duplexes located at 7801 and 7811 Ronald Drive in Huntington Beach. A key advantage is that each duplex sits on its own separate parcel, with each parcel potentially eligible for 30-year conventional financing, subject to lender approval and buyer qualifications. 7801 Ronald Drive features two units, each offering 2 bedrooms, 1 bathroom, and a 1-car garage. The property also offers good-sized yard areas, adding outdoor space for residents. The building has been remodeled, making it an attractive addition to an investor’s portfolio. 7811 Ronald Drive also features two units, each with 2 bedrooms, 1 bathroom, and a 1-car garage. The property offers good-sized yard areas and a shared community laundry room for tenants, providing added convenience and value. Both properties feature new windows, new fencing, roofs approximately 8 years old, and long-term tenants, offering investors established rental occupancy and an opportunity to own income-producing multifamily properties in Huntington Beach. Additional Investment Opportunity: The neighboring properties at 7821 and 7831 Ronald Drive are also available for sale, providing an opportunity to expand your portfolio with additional multifamily properties in the same location.
Location
7801 Ronald
Huntington Beach, Orange, CA, 92647