Four-Unit Residential Income
20123 Haynes Street Winnetka, CA 91306
20123 Haynes Street, Winnetka, CA, 91306
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For Sale
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Fully occupied four-unit property with a 2019 remodeled front home, newly built rear units, and covered parking plus security camera system.
Property Size2,978 SF
Lot Size0.27 Acres
Price / SF$569.17
Days on Market77
Property Features for 20123 Haynes Street
General Information
- Standard status
- Active
- Size
- 2,978 SF
- Lot size
- 0.27 Acres
- Property subtype
- Multifamily
Listing agency
The Agency
Listed by
Daniel Ohana · License #01941646
Source
Crexi
Added: May 6 Updated: Jul 20 at 7:39PM Checked: Jul 20 at 7:39PM
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 Agency
Investment Insights
Based on property information with market context.
This fully permitted four-unit residential income property is set on a large, flat approximately 11,550 square foot lot with dual access from Haynes Street and a rear alley. The front residence was completely remodeled in 2019 and offers a spacious 3-bedroom, 2-bath layout of approximately 1,311 square feet with a large private backyard. Behind the front home are two detached structures containing three additional units, including two 1-bedroom units of approximately 827 square feet and 420 square feet, plus a studio of approximately 420 square feet. The rear units were newly constructed in 2019 and include premium finishes and wood-look tile flooring throughout.
Parking includes two covered spaces under a detached carport and one uncovered space. The property also features an on-site security camera system. It is located near Pierce College in a quiet residential neighborhood, approximately 0.25 miles from the Orange Line.
The property is currently fully occupied. The main residence and rear units are all under a single APN, and the buyer should verify all zoning, development, and SB79 eligibility, as redevelopment potential may exist under SB79 guidelines.
Parking includes two covered spaces under a detached carport and one uncovered space. The property also features an on-site security camera system. It is located near Pierce College in a quiet residential neighborhood, approximately 0.25 miles from the Orange Line.
The property is currently fully occupied. The main residence and rear units are all under a single APN, and the buyer should verify all zoning, development, and SB79 eligibility, as redevelopment potential may exist under SB79 guidelines.
Key Highlights
- Fully occupied 4‑unit property on an approx. 11,550 SF flat lot with dual access from Haynes Street and a rear alley.
- Front residence: fully remodeled in 2019 with a approx. 1,311 SF 3‑bedroom, 2‑bath layout and a large private backyard.
- Rear units newly constructed in 2019: two detached 1‑bedroom units (approx. 827 SF and 420 SF) plus a detached studio (approx. 420 SF).
Local 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 | $80.4k | $27.00 |
| − Vacancy | −$6.1k | −$2.05 |
| EGI | $74.3k | $24.95 |
| − OpEx | −$22.3k | −$7.48 |
| NOI | $52.0k | $17.46 |
2,978 SF · lease $27.00/SF/yr · vacancy 7.60% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$743.0K
$650.1K – $866.8K
NOI $52,007 @ 7.0% cap · market cap 3.07%
Second Best
Apartment 5plus
$684.5K
$599.0K – $798.6K
NOI $47,918 @ 7.0% cap · market cap 2.83%
Theoretical Best
Office A
$1.59M
$1.40M – $1.86M
NOI $111,609 @ 7.0% cap · market cap 6.58%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Fully occupied four-unit property with a 2019 remodeled front home, newly built rear units, and covered parking plus security camera system.
Where is this quadplex located?
The property is located at 20123 Haynes Street Winnetka, CA.
What is the asking price?
The asking price for this property is $1,695,000.
What are key features of this property?
This property features: Fully occupied 4‑unit property on an approx. 11,550 SF flat lot with dual access from Haynes Street and a rear alley.; Front residence: fully remodeled in 2019 with a approx. 1,311 SF 3‑bedroom, 2‑bath layout and a large private backyard.; Rear units newly constructed in 2019: two detached 1‑bedroom units (approx. 827 SF and 420 SF) plus a detached studio (approx. 420 SF).
