Well-Maintained Four-Unit
For Sale
$2,250,000
17882 Baron Circle, Huntington Beach, CA 92647
A maintained four-unit multifamily with remodeled interiors and extra parking on a cul-de-sac lot.
Property Size4,283 SF
Days on Market101
Property Features for 17882 Baron Circle
General Information
Standard status
Active
Size
4,283 SF
Property subtype
Quadruplex
Building Details
Building Size
4,283 SF
Year Built
1973
Listing Agency:
Landmark Realty Group
Listed By:
Wayne Yau · License #01374388
(714) 881-7090
Source:
Velocityrealtysd
Added: May 30
Changed: Sep 3
Last Checked: Sep 6 at 10:26AM
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 Landmark Realty Group
Investment Insights
Based on property information with market context.
This well-maintained four-unit multifamily residence includes multiple two-story layouts and an upstairs-only unit. Most units have been remodeled with updated flooring, paint, kitchen, and bathroom finishes. Common interior features include separated living and dining areas adjacent to the kitchen, with tiled and/or vinyl flooring throughout. Laundry hook-ups are provided in each unit’s garage. Unit #1 is a two-story, 3-bedroom, 2.5-bath configuration with direct access to a two-car garage and a living room featuring a gas or wood-burning fireplace, plus a private back yard connected to the kitchen and dining area. Units #2 and #3 are two-story 2-bedroom, 1.5-bath homes with a one-car garage and small private back yards. Unit #4 is upstairs only with a front porch seating area, 2 bedrooms, 1 bathroom, and a detached garage.
The property is located at the end of a cul-de-sac street, which can support additional parking for tenants. It is described as being near freeways and major shopping and recreation destinations.
The building is positioned to serve long-term tenants, with easy-to-maintain condition noted in the remarks.
The property is located at the end of a cul-de-sac street, which can support additional parking for tenants. It is described as being near freeways and major shopping and recreation destinations.
The building is positioned to serve long-term tenants, with easy-to-maintain condition noted in the remarks.
Key Highlights
- 1973‑built 4‑unit multifamily in Huntington Beach
- 10,454 SF lot at the end of a cul‑de‑sac with extra tenant parking
- Most units remodeled with updated flooring, paint, kitchens, and bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$100,095
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.45%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,001,900
$2.0M
Cap Rate 7%
$1,429,929
$1.4M
Cap Rate 9%
$1,112,167
$1.1M
Market Conditions
NOI Build-Up for 4,283 SF
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.
Gross rent
$146.5K $34.20/SF
− Vacancy
−$3.5K −$0.81/SF
EGI
$143.0K $33.39/SF
− OpEx
−$42.9K −$10.02/SF
NOI
$100.1K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,001,900
Cap Rate 7%
$1,429,929
Cap Rate 9%
$1,112,167
Alternative Uses
Best Use
Multifamily LT 5
$1.43M
$1.25M – $1.67M
NOI $100,095 @ 7.0% cap · market cap 4.45%
Second Best
Apartment 5plus
$1.32M
$1.15M – $1.54M
NOI $92,330 @ 7.0% cap · market cap 4.10%
Theoretical Best
Specialty Retail
$1.48M
$1.30M – $1.73M
NOI $103,614 @ 7.0% cap · market cap 4.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,495
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - A maintained four-unit multifamily with remodeled interiors and extra parking on a cul-de-sac lot.
Where is this quadplex located?
The property is located at 17882 Baron Circle Huntington Beach, CA.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: 1973‑built 4‑unit multifamily in Huntington Beach; 10,454 SF lot at the end of a cul‑de‑sac with extra tenant parking; Most units remodeled with updated flooring, paint, kitchens, and bathrooms
