4-Unit Multifamily
New
For Sale
$2,300,000
16672 Dolores Lane, Huntington Beach, CA 92649
Three residences have updated interiors, alongside electrical, plumbing, heating, exterior, and roof improvements.
Property Size4,377 SF
Lot Size0.19 Acres
Days on Market4
Property Features for 16672 Dolores Lane
General Information
Standard status
Active
Size
4,377 SF
Net Rentable
4,377 SF
Lot size
0.19 Acres
Property subtype
Apartment
Units
Unit Mix
4 x 2BR/2BA
Multifamily Units
4
Building Details
Building Size
4,377 SF
Year Built
1973
Listing Agency:
Marcus & Millichap RE Invest
Listed By:
Tyler Leeson · License #01451551
(949) 419-3200
Source:
Velocityrealtysd
Added: Oct 7
Changed: Oct 10
Last Checked: Oct 9 at 11:13PM
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 Marcus & Millichap RE Invest
Investment Insights
Based on property information with market context.
Built in 1973, this four-residence multifamily property offers a consistent two-bedroom, two-bathroom layout across approximately 4,377 net rentable square feet. The homes average about 1,094 square feet each. One is on the ground level, two are on the second level, and the remaining residence spans two stories and has two private balconies. Interior work in three units includes quartz counters, wood-vinyl flooring, remodeled bathrooms, refreshed cabinetry, and new light fixtures.
The property occupies a 0.19-acre parcel in Huntington Beach, near Huntington Harbour. Building work also includes electrical sub-panel, outlet, and switch upgrades; plumbing improvements; replacement wall heaters; repaired and resurfaced decks; exterior repainting with stucco and trim repairs; and roof resealing and certification.
The property occupies a 0.19-acre parcel in Huntington Beach, near Huntington Harbour. Building work also includes electrical sub-panel, outlet, and switch upgrades; plumbing improvements; replacement wall heaters; repaired and resurfaced decks; exterior repainting with stucco and trim repairs; and roof resealing and certification.
Key Highlights
- Four residences with an exclusively 2‑bed/2‑bath unit mix
- Approximately 4,377 net rentable square feet on a 0.19‑acre parcel
- Three units renovated with quartz countertops, wood‑vinyl flooring, remodeled bathrooms, updated cabinetry, and new light fixtures
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$102,291
Cap Rate
4.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,045,820
$2.0M
Cap Rate 7%
$1,461,300
$1.5M
Cap Rate 9%
$1,136,567
$1.1M
Market Conditions
NOI Build-Up for 4,377 SF
Gross rent
$149.7K $34.20/SF
− Vacancy
−$3.6K −$0.81/SF
EGI
$146.1K $33.39/SF
− OpEx
−$43.8K −$10.02/SF
NOI
$102.3K $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%
$2,045,820
Cap Rate 7%
$1,461,300
Cap Rate 9%
$1,136,567
Alternative Uses
Best Use
Multifamily LT 5
$1.46M
$1.28M – $1.70M
NOI $102,291 @ 7.0% cap · market cap 4.45%
Second Best
Apartment 5plus
$1.35M
$1.18M – $1.57M
NOI $94,356 @ 7.0% cap · market cap 4.10%
Theoretical Best
Specialty Retail
$1.51M
$1.32M – $1.76M
NOI $105,888 @ 7.0% cap · market cap 4.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
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
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Quadplex - Three residences have updated interiors, alongside electrical, plumbing, heating, exterior, and roof improvements.
Where is this quadplex located?
The property is located at 16672 Dolores Lane Huntington Beach, CA.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: Four residences with an exclusively 2‑bed/2‑bath unit mix; Approximately 4,377 net rentable square feet on a 0.19‑acre parcel; Three units renovated with quartz countertops, wood‑vinyl flooring, remodeled bathrooms, updated cabinetry, and new light fixtures
