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5-Unit Apartment Building

16941 Hoskins, Huntington Beach, CA 92649

For Sale
$2,870,000

A private-entry one-bedroom residence accompanies four two-bedroom units, with assigned parking and shared laundry facilities.

Property Size6,046 SF
Price / SF$474.69
Days on Market12

Property Features for 16941 Hoskins

General Information

Standard status Active
Size 6,046 SF
Total Parking Spaces 9
Property subtype Residential Income

Site & Location

Neighborhood Northwest

Units

Unit Mix 4 x 2BR/2BA, 1 x 1BR
Multifamily Units 5

Additional Details

Tenant in Place Yes

Amenities

community laundry room
Carpet,Laminate
1
true
No Common Walls
2
Common Area,Laundry Closet
Gas,Living Room
Balcony,Ceiling Fan(s)
false
2-5 Units/Acre
Public
8276
9
0.19
Assessor
Assigned,Carport
6046
5

Building Details

Building Size 6,046 SF
Year Built 1973
Stories 2
Listing Agency: The Brand Haus Inc.
Listed By: Brandon Mungai
Source: Maryclark
Added: Oct 29 Changed: Nov 7 Last Checked: Nov 7 at 7:52PM

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 The Brand Haus Inc.

Rey
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Investment Insights

Based on property information with market context.

This 5-unit apartment property contains 6,046 square feet. Four residences have mirrored two-bedroom, two-bathroom layouts; Unit 2 opens to a wraparound patio. Unit 3 is a one-bedroom residence with its own stairway and entrance, in-closet laundry, a half bath, a full bath, and a separate shower. A shared laundry room serves the four two-bedroom units. Units 1, 2, and 4 have new paint, carpet, and shower doors and are under new one-year leases.

Parking totals nine assigned spaces: six covered carports and three uncovered spaces. Recent work includes new furnaces in Units 1, 2, 4, and 5 in January 2026, termite repairs and fumigation in May 2026, and balcony and walkway recoatings described as SB721-compliant. All units received Siemens electrical sub-panels. A new flat roof installed in July 2024 carries a 10-year warranty. The property was built in 1973 and occupies a 0.19-acre parcel in Huntington Beach.

Key Highlights

  • Five units totaling 6,046 square feet on a 0.19‑acre parcel
  • Four two‑bedroom, two‑bathroom units plus a private‑entry one‑bedroom residence
  • Nine assigned parking spaces: six covered carports and three open spaces

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$130,335
Cap Rate
4.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,606,700 $2.6M
Cap Rate 7%
$1,861,929 $1.9M
Cap Rate 9%
$1,448,167 $1.4M
Market Conditions
NOI Build-Up for 6,046 SF
Gross rent
$243.0K $40.20/SF
− Vacancy
−$6.1K −$1.01/SF
EGI
$237.0K $39.20/SF
− OpEx
−$106.6K −$17.64/SF
NOI
$130.3K $21.56/SF
Area
Huntington Beach, CA
Vacancy
2.50%
Lease Rate
$40.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,606,700
Cap Rate 7%
$1,861,929
Cap Rate 9%
$1,448,167

Alternative Uses

Best Use
Apartment 5plus
$1.86M
$1.63M – $2.17M (±1% cap)
NOI $130,335 @ 7.0% cap · market cap 4.54%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.09M
$1.83M – $2.44M (±1% cap)
NOI $146,265 @ 7.0% cap · market cap 5.10%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

1,316
Businesses Nearby

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

Average Price Trend$/SF for Apartment buildings in Orange County, CA

$385 Jul
$471 Aug
$526 Sep
$543 Oct

Properties on Market for Apartment buildings in Orange County

Jul
Aug
Sep
Oct

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?
Apartment building - A private-entry one-bedroom residence accompanies four two-bedroom units, with assigned parking and shared laundry facilities.
Where is this apartment building located?
The property is located at 16941 Hoskins Huntington Beach, CA.
What is the asking price?
The asking price for this property is $2,870,000.
What are key features of this property?
This property features: Five units totaling 6,046 square feet on a 0.19‑acre parcel; Four two‑bedroom, two‑bathroom units plus a private‑entry one‑bedroom residence; Nine assigned parking spaces: six covered carports and three open spaces
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