Remodeled
For Sale
$2,000,000
17082 Evergreen Circle, Huntington Beach, CA 92647
Four-unit apartment property with a recently updated three-bedroom residence and well-maintained units.
Property Size3,923 SF
Price / SF$509.81
Days on Market51
Property Features for 17082 Evergreen Circle
General Information
Standard status
Active
Size
3,923 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
4
Building Details
Year Built
1967
Listed By:
Anvil Real Estate
(949) 449-2770
Source:
Anvilreinc
Added: Sep 2
Changed: Oct 4
Last Checked: Oct 20 at 8:26PM
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 Anvil Real Estate
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Investment Insights
Based on property information with market context.
This 3,923-square-foot quadplex was built in 1967 and contains four apartment units. One three-bedroom residence has been recently remodeled, while the remaining units are described as being in good condition. The property offers an established multifamily configuration at 17082 Evergreen Circle in Huntington Beach, California.
Current rents support a 5% cap rate. The asset combines a defined four-unit layout with an updated unit and existing rental performance, providing clear operating context for multifamily buyers.
Current rents support a 5% cap rate. The asset combines a defined four-unit layout with an updated unit and existing rental performance, providing clear operating context for multifamily buyers.
Key Highlights
- Four‑unit apartment building at 17082 Evergreen Circle, Huntington Beach, CA 92647
- 3,923 square feet, built in 1967
- Recently remodeled three‑bedroom unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$91,681
Cap Rate
4.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,833,620
$1.8M
Cap Rate 7%
$1,309,729
$1.3M
Cap Rate 9%
$1,018,678
$1.0M
Market Conditions
NOI Build-Up for 3,923 SF
Gross rent
$134.2K $34.20/SF
− Vacancy
−$3.2K −$0.81/SF
EGI
$131.0K $33.39/SF
− OpEx
−$39.3K −$10.02/SF
NOI
$91.7K $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%
$1,833,620
Cap Rate 7%
$1,309,729
Cap Rate 9%
$1,018,678
Alternative Uses
Best Use
Multifamily LT 5
$1.31M
$1.15M – $1.53M
NOI $91,681 @ 7.0% cap · market cap 4.58%
Second Best
Apartment 5plus
$1.21M
$1.06M – $1.41M
NOI $84,569 @ 7.0% cap · market cap 4.23%
Theoretical Best
Specialty Retail
$1.36M
$1.19M – $1.58M
NOI $94,905 @ 7.0% cap · market cap 4.75%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
610
Businesses Nearby
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Business Placement
Demographics for 92647, CA
60,455
Population
22,340
Households
2.7
Avg Household Size
38
Median Age
39%
College-Educated
91%
High-School Grad
7.5 sq mi
ZIP Area
8,061
Density / Sq Mi
$107,877
Median Household Income
$47,882
Median Earnings
$2,400
Median Rent
$963,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit apartment property with a recently updated three-bedroom residence and well-maintained units.
Where is this quadplex located?
The property is located at 17082 Evergreen Circle Huntington Beach, CA.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Four‑unit apartment building at 17082 Evergreen Circle, Huntington Beach, CA 92647; 3,923 square feet, built in 1967; Recently remodeled three‑bedroom unit
