Fourplex Income Property with
For Sale
$2,149,000
16662 Blanton, Huntington Beach, CA 92649
Four-unit residential income property includes six-car garage parking and individual outdoor space across multiple units.
Property Size4,173 SF
Price / SF$514.98
Days on Market48
Property Features for 16662 Blanton
General Information
Standard status
Active
Size
4,173 SF
Total Parking Spaces
6
Property subtype
Quadruplex
Additional Details
Multifamily Units
4
Amenities
common laundry room
Building Details
Building Size
4,173 SF
Year Built
1974
Tenancy
Multi
Listing Agency:
Keller Williams Realty
Listed By:
Vicki Paparella · License #01359503
(714) 742-3955
Source:
Velocityrealtysd
Added: Jul 21
Changed: Sep 4
Last Checked: Sep 6 at 8:59AM
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 Keller Williams Realty
Investment Insights
Based on property information with market context.
This well-maintained fourplex offers four distinct residential units with a total layout comprising eight bedrooms and 7.5 bathrooms. Unit features include private balconies and patios, including one 3-bedroom unit with a private balcony off the primary bedroom and an additional shared balcony, two separate 2-bedroom units with private balconies (one also includes two balconies), and one 1-bedroom unit with a private patio.
Dedicated garage parking is provided, with a six-car garage on-site. The property also includes a separate common laundry room that is currently serviced by a national coin-operated laundry company.
Overall, the building is configured as a low-maintenance, tenant-focused income property with a functional unit mix and on-site parking.
Dedicated garage parking is provided, with a six-car garage on-site. The property also includes a separate common laundry room that is currently serviced by a national coin-operated laundry company.
Overall, the building is configured as a low-maintenance, tenant-focused income property with a functional unit mix and on-site parking.
Key Highlights
- 1974‑built Huntington Beach fourplex with approximately 4,173 SF of living space
- Unit mix totals 8 bedrooms and 7.5 bathrooms across 4 units: 1x 3BD/2.5BA, 2x 2BD/2BA, and 1x 1BD/1BA
- Multiple outdoor spaces: private balconies for several units and a private patio for the 1BD/1BA unit
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
$97,524
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
4.54%
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%
$1,950,480
$2.0M
Cap Rate 7%
$1,393,200
$1.4M
Cap Rate 9%
$1,083,600
$1.1M
Market Conditions
NOI Build-Up for 4,173 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
$142.7K $34.20/SF
− Vacancy
−$3.4K −$0.81/SF
EGI
$139.3K $33.39/SF
− OpEx
−$41.8K −$10.02/SF
NOI
$97.5K $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%
$1,950,480
Cap Rate 7%
$1,393,200
Cap Rate 9%
$1,083,600
Alternative Uses
Best Use
Multifamily LT 5
$1.39M
$1.22M – $1.63M
NOI $97,524 @ 7.0% cap · market cap 4.54%
Second Best
Apartment 5plus
$1.29M
$1.12M – $1.50M
NOI $89,958 @ 7.0% cap · market cap 4.19%
Theoretical Best
Specialty Retail
$1.44M
$1.26M – $1.68M
NOI $100,953 @ 7.0% cap · market cap 4.70%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,407
Businesses Nearby
Explore this area
Business Placement
Demographics for 92649, CA
34,082
Population
15,178
Households
2.2
Avg Household Size
47
Median Age
51%
College-Educated
96%
High-School Grad
5.6 sq mi
ZIP Area
6,086
Density / Sq Mi
$121,604
Median Household Income
$59,242
Median Earnings
$2,554
Median Rent
$1,070,800
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit residential income property includes six-car garage parking and individual outdoor space across multiple units.
Where is this quadplex located?
The property is located at 16662 Blanton Huntington Beach, CA.
What is the asking price?
The asking price for this property is $2,149,000.
What are key features of this property?
This property features: 1974‑built Huntington Beach fourplex with approximately 4,173 SF of living space; Unit mix totals 8 bedrooms and 7.5 bathrooms across 4 units: 1x 3BD/2.5BA, 2x 2BD/2BA, and 1x 1BD/1BA; Multiple outdoor spaces: private balconies for several units and a private patio for the 1BD/1BA unit
