Quadplex With Six
16672 Algonquin, Huntington Beach, CA 92649
For Sale
$2,249,000
Pending
Four-unit residential income property with updated roof, plumbing, windows, and sliders.
Property Size4,227 SF
Days on Market53
Property Features for 16672 Algonquin
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Building Details
Building Size
Year Built
Units
Listing Agency:
Pat Swanson
Listed By:
Pat Swanson · License CA #01382974
(213) 864-2862
Source:
Elliman
Added: Sep 19
Changed: Nov 8
Last Checked: Nov 10 at 7:00AM
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 Pat Swanson
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Investment Insights
Based on property information with market context.
Located at 16672 Algonquin in Huntington Beach, this 1976-built quadplex contains four residential units with a varied mix: one three-bedroom, two-and-a-half-bath unit; one three-bedroom, two-bath unit; one two-bedroom, two-bath unit; and one one-bedroom, one-bath unit. Property improvements include a newer roof, updated plumbing, replacement windows, and sliders.
Parking includes six single-car garages and one tandem open parking space. The property is approximately 0.50 miles from the water in Huntington Harbour. Walk Score is 72, indicating a Very Walkable setting, while Bike Score is 71, or Very Bikeable. Transit Score is 32, classified as Some Transit.
Parking includes six single-car garages and one tandem open parking space. The property is approximately 0.50 miles from the water in Huntington Harbour. Walk Score is 72, indicating a Very Walkable setting, while Bike Score is 71, or Very Bikeable. Transit Score is 32, classified as Some Transit.
Key Highlights
- Four residential units with a mix of 1-, 2-, and 3‑bedroom layouts
- Unit mix includes 3 bed/2.5 bath, 3 bed/2 bath, 2 bed/2 bath, and 1 bed/1 bath units
- Six single‑car garages plus 1 tandem open parking space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$98,786
Cap Rate
4.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,975,720
$2.0M
Cap Rate 7%
$1,411,229
$1.4M
Cap Rate 9%
$1,097,622
$1.1M
Market Conditions
NOI Build-Up for 4,227 SF
Gross rent
$144.6K $34.20/SF
− Vacancy
−$3.4K −$0.81/SF
EGI
$141.1K $33.39/SF
− OpEx
−$42.3K −$10.02/SF
NOI
$98.8K $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%
$1,975,720
Cap Rate 7%
$1,411,229
Cap Rate 9%
$1,097,622
Alternative Uses
Best Use
Multifamily LT 5
$1.41M
$1.23M – $1.65M
NOI $98,786 @ 7.0% cap · market cap 4.39%
Second Best
Apartment 5plus
$1.30M
$1.14M – $1.52M
NOI $91,122 @ 7.0% cap · market cap 4.05%
Theoretical Best
Specialty Retail
$1.46M
$1.28M – $1.70M
NOI $102,260 @ 7.0% cap · market cap 4.55%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,233
Businesses Nearby
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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
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Market
Properties on Market for Quadplexes in Huntington Beach
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit residential income property with updated roof, plumbing, windows, and sliders.
Where is this quadplex located?
The property is located at 16672 Algonquin Huntington Beach, CA.
What is the asking price?
The asking price for this property is $2,249,000.
What are key features of this property?
This property features: Four residential units with a mix of 1-, 2-, and 3‑bedroom layouts; Unit mix includes 3 bed/2.5 bath, 3 bed/2 bath, 2 bed/2 bath, and 1 bed/1 bath units; Six single‑car garages plus 1 tandem open parking space
