Duplex with Up to 10 Parking
For Sale
$1,650,000
17041 B Ln, Huntington Beach, CA 92647
Two detached residences on one lot with up to 10 parking spaces and a 2023 build near the beach.
Property Size2,134 SF
Days on Market51
Property Features for 17041 B Ln
General Information
Standard status
Active
Size
2,134 SF
Total Parking Spaces
10
Property subtype
Investment
Building Details
Building Size
2,134 SF
Year Built
2023
Buildings
2
Stories
2
Units
2
Listed By:
Becky Handley
Source:
Elliman
Added: Jul 29
Changed: Sep 2
Last Checked: Sep 16 at 6:35PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Becky Handley
Investment Insights
Based on property information with market context.
This duplex consists of two detached homes on one lot, built in 2023. The front residence is described as a updated single-family home with a large private driveway and an attached two-car garage. The rear residence is fully renovated and includes two separate single-car garages, along with additional on-site parking.
The property is offered at 17041 B Ln, Huntington Beach, CA 92647, and is described as near the beach and minutes from shopping, restaurants, grocery stores, and everyday conveniences. BikeScore is listed as 67 (Bikeable) and WalkScore is listed as 70 (Somewhat Walkable), with TransitScore listed as 33 (Some Transit).
With both homes updated and an exceptional parking configuration for up to 10 vehicles, this layout can support a variety of occupancy and use approaches for a buyer seeking detached, residential-style living within a single, shared lot.
The property is offered at 17041 B Ln, Huntington Beach, CA 92647, and is described as near the beach and minutes from shopping, restaurants, grocery stores, and everyday conveniences. BikeScore is listed as 67 (Bikeable) and WalkScore is listed as 70 (Somewhat Walkable), with TransitScore listed as 33 (Some Transit).
With both homes updated and an exceptional parking configuration for up to 10 vehicles, this layout can support a variety of occupancy and use approaches for a buyer seeking detached, residential-style living within a single, shared lot.
Key Highlights
- Two detached homes on one lot built in 2023
- Up to 10 parking spaces with large private driveway
- Front home includes attached two‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$49,872
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.02%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$997,440
$997.4K
Cap Rate 7%
$712,457
$712.5K
Cap Rate 9%
$554,133
$554.1K
Market Conditions
NOI Build-Up for 2,134 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$73.0K $34.20/SF
− Vacancy
−$1.7K −$0.81/SF
EGI
$71.2K $33.39/SF
− OpEx
−$21.4K −$10.02/SF
NOI
$49.9K $23.37/SF
Area
Huntington Beach, CA
Vacancy
2.38%
Lease Rate
$34.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$997,440
Cap Rate 7%
$712,457
Cap Rate 9%
$554,133
Alternative Uses
Best Use
Multifamily LT 5
$712.5K
$623.4K – $831.2K
NOI $49,872 @ 7.0% cap · market cap 3.02%
Second Best
Apartment 5plus
$657.2K
$575.0K – $766.7K
NOI $46,003 @ 7.0% cap · market cap 2.79%
Theoretical Best
Specialty Retail
$737.5K
$645.3K – $860.4K
NOI $51,626 @ 7.0% cap · market cap 3.13%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,090
Businesses Nearby
Explore this area
Business Placement
Demographics for 92647, CA
60,455
Population
22,340
Households
2.7
Avg Household Size
38
Median Age
39%
College-Educated
91%
High-School Grad
7.5 sq mi
ZIP Area
8,061
Density / Sq Mi
$107,877
Median Household Income
$47,882
Median Earnings
$2,400
Median Rent
$963,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two detached residences on one lot with up to 10 parking spaces and a 2023 build near the beach.
Where is this duplex located?
The property is located at 17041 B Ln Huntington Beach, CA.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Two detached homes on one lot built in 2023; Up to 10 parking spaces with large private driveway; Front home includes attached two‑car garage
