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Fourplex with Private Garages
For Sale
$2,394,900

1501 Huntington Street, Huntington Beach, CA 92648

Four residential units offer fireplaces, private patios, and shared laundry access alongside individual garage parking.

Property Size3,861 SF
Days on Market69

Property Features for 1501 Huntington Street

General Information

Standard status Active
Size 3,861 SF
Property subtype Quadruplex

Site & Location

Neighborhood Old Town
Road Access Yes

Units

Unit Mix 1 x 3BR/2BA, 2 x 2BR/2BA, 1 x 1BR/1BA
Multifamily Units 4

Amenities

fireplaces
private patios
laundry room
Techwood gates

Building Details

Building Size 3,861 SF
Year Built 1974
Buildings 1
Tenancy Multi
Listing Agency: Landmark Realtors
Listed By: Silvana Raiola · License #00411102
Source: Altamirarealty
Added: Aug 21 Changed: Oct 27 Last Checked: Oct 27 at 1:10AM

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 Landmark Realtors

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Investment Insights

Based on property information with market context.

Built in 1974, this quadplex contains four residential units: one three-bedroom, two-bath residence and two two-bedroom, two-bath residences, plus a one-bedroom, one-bath unit. Every unit includes a fireplace and private patio. Techwood gates were recently installed, and the property provides a dedicated laundry room for three units. The three-bedroom unit also has an interior-accessible garage washer and dryer hookup.

Each residence is served by a single-car garage with an automatic roll-up door. The area in front of the garages accommodates two additional vehicles per door, with further street parking available along both sides of the corner parcel. The property sits at Oswego and Huntington in Huntington Beach. Three tenants have maintained long-term occupancy, while the one-bedroom unit is leased for one year; the remaining tenancies are month to month.

Key Highlights

  • Four‑unit mix: one 3‑bedroom/2‑bath, two 2‑bedroom/2‑bath, and one 1‑bedroom/1‑bath residences
  • Built in 1974 with fireplaces and private patios for every unit
  • Four single‑car garages with automatic roll‑up doors

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$90,232
Cap Rate
3.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,804,640 $1.8M
Cap Rate 7%
$1,289,029 $1.3M
Cap Rate 9%
$1,002,578 $1.0M
Market Conditions
NOI Build-Up for 3,861 SF
Gross rent
$132.0K $34.20/SF
− Vacancy
−$3.1K −$0.81/SF
EGI
$128.9K $33.39/SF
− OpEx
−$38.7K −$10.02/SF
NOI
$90.2K $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 Rate 5%
$1,804,640
Cap Rate 7%
$1,289,029
Cap Rate 9%
$1,002,578

Alternative Uses

Best Use
Multifamily LT 5
$1.29M
$1.13M – $1.50M (±1% cap)
NOI $90,232 @ 7.0% cap · market cap 3.77%
Second Best
Apartment 5plus
$1.19M
$1.04M – $1.39M (±1% cap)
NOI $83,233 @ 7.0% cap · market cap 3.48%
Theoretical Best
Specialty Retail
$1.33M
$1.17M – $1.56M (±1% cap)
NOI $93,405 @ 7.0% cap · market cap 3.90%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

4
Residential units
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,297
Businesses Nearby

Demographics for 92648, CA

46,691
Population
21,609
Households
2.2
Avg Household Size
44
Median Age
51%
College-Educated
95%
High-School Grad
8.0 sq mi
ZIP Area
5,836
Density / Sq Mi
$118,993
Median Household Income
$73,049
Median Earnings
$2,324
Median Rent
$1,176,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Four residential units offer fireplaces, private patios, and shared laundry access alongside individual garage parking.
Where is this quadplex located?
The property is located at 1501 Huntington Street Huntington Beach, CA.
What is the asking price?
The asking price for this property is $2,394,900.
What are key features of this property?
This property features: Four‑unit mix: one 3‑bedroom/2‑bath, two 2‑bedroom/2‑bath, and one 1‑bedroom/1‑bath residences; Built in 1974 with fireplaces and private patios for every unit; Four single‑car garages with automatic roll‑up doors
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