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Four-Unit Quadplex with Private Yards
For Sale
$2,490,000

4891 Vista Drive, Huntington Beach, CA 92649

Well-maintained coastal multifamily property with varied layouts, private outdoor areas, garages, and substantial resident storage.

Property Size4,678 SF
Lot Size0.22 Acres
Price / SF$532.28
Days on Market64

Property Features for 4891 Vista Drive

General Information

Standard status Active
Size 4,678 SF
Total Parking Spaces 8
Lot size 0.22 Acres
Property subtype Quadruplex

Additional Details

Gross Income $139,740

Amenities

community laundry facility

Building Details

Building Size 4,678 SF
Year Built 1979
Buildings 2
Tenancy Multi
Listing Agency: Gerard Properties Inc.
Listed By: Scott Gerard · License #01004111
Source: Altamirarealty
Added: Jun 3 Changed: Aug 3 Last Checked: Aug 5 at 4:49AM

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 Gerard Properties Inc.

Investment Insights

Based on property information with market context.

Built in 1979, this four-unit multifamily property contains approximately 4,678 square feet on an approximately 9,700-square-foot lot in Huntington Beach. The unit mix includes one three-bedroom, 2.5-bath townhome-style residence and three two-bedroom, two-bath units. Interior features include granite countertops, updated cabinetry, ceramic tile in kitchens, dining areas, and bathrooms, plus spacious layouts with extensive storage.

Outdoor and parking amenities vary by residence. The three-bedroom unit has a private enclosed yard, side patio, attached two-car garage with direct access, and washer and dryer hookups. Three two-bedroom units include dual primary suite layouts; Units #2 and #4 have private balconies, while Unit #3 includes a private enclosed rear yard. The property also provides five enclosed garages with automatic openers, approximately three off-street parking spaces, and tile roofing on both buildings.

The property is located near Huntington Harbour, beaches, shopping, dining, and major transportation corridors. Its address is 4891 Vista Drive, Huntington Beach, CA 92649.

Key Highlights

  • Four‑unit property built in 1979 with approximately 4,678 square feet
  • Approximately 9,700‑square‑foot lot in a 13‑property multifamily cul‑de‑sac
  • Unit mix includes one 3‑bedroom, 2.5‑bath townhome and three 2‑bedroom, 2‑bath units

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 $160.0k $34.20
− Vacancy −$3.8k −$0.81
EGI $156.2k $33.39
− OpEx −$46.9k −$10.02
NOI $109.3k $23.37
4,678 SF · lease $34.20/SF/yr · vacancy 2.38% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$1.56M
$1.37M – $1.82M (±1% cap)
NOI $109,326 @ 7.0% cap · market cap 4.39%
Second Best
Apartment 5plus
$1.44M
$1.26M – $1.68M (±1% cap)
NOI $100,845 @ 7.0% cap · market cap 4.05%
Theoretical Best
Specialty Retail
$1.62M
$1.41M – $1.89M (±1% cap)
NOI $113,170 @ 7.0% cap · market cap 4.54%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Barber Shop Restaurant HVAC Service Parking Lot & Garage Food Market Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,417
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

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Well-maintained coastal multifamily property with varied layouts, private outdoor areas, garages, and substantial resident storage.
Where is this quadplex located?
The property is located at 4891 Vista Drive Huntington Beach, CA.
What is the asking price?
The asking price for this property is $2,490,000.
What are key features of this property?
This property features: Four‑unit property built in 1979 with approximately 4,678 square feet; Approximately 9,700‑square‑foot lot in a 13‑property multifamily cul‑de‑sac; Unit mix includes one 3‑bedroom, 2.5‑bath townhome and three 2‑bedroom, 2‑bath units
More about this property
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