Four-Unit Multifamily
17392 Keelson Huntington Beach, CA 92647
For Sale
Contact for pricing
Four-unit wood-and-stucco multifamily asset built in 1964 with four covered parking spaces.
Property Size4,175 SF
Lot Size0.15 Acres
Price / SF$419.16
Days on Market31
Property Features for 17392 Keelson
General Information
- Standard status
- Active
- Size
- 4,175 SF
- Lot size
- 0.15 Acres
- Property subtype
- Multifamily
Listing Agency:
SPERRY
Listed By:
JAMES WARDLAW · License #CA 02061381
Source:
Crexi
Added: Jun 23
Changed: Jul 22
Last Checked: Jul 22 at 7:56PM
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 SPERRY
Investment Insights
Based on property information with market context.
This four-unit multifamily property was built in 1964 and features wood-and-stucco construction with a pitched composition roof. The unit mix includes three 2-bedroom, 1-bath apartments and one 3-bedroom, 2-bath unit. Four covered parking spaces are provided on site.
The property is located in an established Huntington Beach neighborhood with convenient access to the coast and nearby retail and area amenities.
As a value-add opportunity, the current rents are described as below market, offering a new owner the ability to grow rents over time.
The property is located in an established Huntington Beach neighborhood with convenient access to the coast and nearby retail and area amenities.
As a value-add opportunity, the current rents are described as below market, offering a new owner the ability to grow rents over time.
Key Highlights
- Four‑unit wood‑and‑stucco multifamily property built in 1964
- 4,175 SF building area on a 6,537 SF lot
- Unit mix: three 2 bed/1 bath units plus one 3 bed/2 bath unit
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $142.8k | $34.20 |
| − Vacancy | −$3.4k | −$0.81 |
| EGI | $139.4k | $33.39 |
| − OpEx | −$41.8k | −$10.02 |
| NOI | $97.6k | $23.37 |
4,175 SF · lease $34.20/SF/yr · vacancy 2.38% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.39M
$1.22M – $1.63M
NOI $97,571 @ 7.0% cap · market cap 5.58%
Second Best
Apartment 5plus
$1.29M
$1.13M – $1.50M
NOI $90,002 @ 7.0% cap · market cap 5.14%
Theoretical Best
Specialty Retail
$1.44M
$1.26M – $1.68M
NOI $101,002 @ 7.0% cap · market cap 5.77%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Digital Data Systems
(Bike/Boat/Book/etc) Store
FAQs
What type of property is this?
Quadplex - Four-unit wood-and-stucco multifamily asset built in 1964 with four covered parking spaces.
Where is this quadplex located?
The property is located at 17392 Keelson Huntington Beach, CA.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Four‑unit wood‑and‑stucco multifamily property built in 1964; 4,175 SF building area on a 6,537 SF lot; Unit mix: three 2 bed/1 bath units plus one 3 bed/2 bath unit
