Residential Income Property with
For Sale
$2,425,000
5561 Reno, Huntington Beach, CA 92649
Heating is provided by forced air and a wall furnace.
Property Size4,273 SF
Days on Market19
Property Features for 5561 Reno
General Information
Standard status
Active
Size
4,273 SF
Total Parking Spaces
1
Property subtype
Residential Income
Net Operating Income
$86,447
Site & Location
Neighborhood
Northwest
Amenities
Curbs, Street Lights, Suburban, Sidewalks, Park
Forced Air, Wall Furnace
Built-In Range, Gas Cooktop, Disposal, Gas Oven, Gas Range, Gas Water Heater, Water Heater
Living Room
Neighborhood
Wood
Asphalt, Driveway, Garage, Off Street, Garage Faces Rear, On Street
Balcony, Rain Gutters
Building Details
Building Size
4,273 SF
Year Built
1972
Buildings
1
Stories
2
Listing Agency:
Citivest Realty Services, Inc.
Listed By:
Michael Lembeck · License #1019397
(714) 742-3700
Source:
Evrealestate
Added: Oct 6
Changed: Oct 17
Last Checked: Oct 23 at 7:39AM
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 Citivest Realty Services, Inc.
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Investment Insights
Based on property information with market context.
Built in 1972, this residential income property has a balcony and rain gutters. Exterior materials include wood, with asphalt paving at the driveway. A garage faces the rear, and off-street and on-street parking are listed.
Interior features include a living room and a built-in range, gas cooktop, disposal, gas oven, gas range, and gas water heater. The property is located at 5561 Reno in Huntington Beach, Orange County.
Interior features include a living room and a built-in range, gas cooktop, disposal, gas oven, gas range, and gas water heater. The property is located at 5561 Reno in Huntington Beach, Orange County.
Key Highlights
- Built in 1972
- Balcony and rain gutters
- Rear‑facing garage, driveway, and off‑street parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$92,114
Cap Rate
3.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,842,280
$1.8M
Cap Rate 7%
$1,315,914
$1.3M
Cap Rate 9%
$1,023,489
$1.0M
Market Conditions
NOI Build-Up for 4,273 SF
Gross rent
$171.8K $40.20/SF
− Vacancy
−$4.3K −$1.01/SF
EGI
$167.5K $39.20/SF
− OpEx
−$75.4K −$17.64/SF
NOI
$92.1K $21.56/SF
Area
Huntington Beach, CA
Vacancy
2.50%
Lease Rate
$40.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,842,280
Cap Rate 7%
$1,315,914
Cap Rate 9%
$1,023,489
Alternative Uses
Best Use
Apartment 5plus
$1.32M
$1.15M – $1.54M
NOI $92,114 @ 7.0% cap · market cap 3.80%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.48M
$1.29M – $1.72M
NOI $103,372 @ 7.0% cap · market cap 4.26%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
1,368
Businesses Nearby
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Business Placement
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
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Frequently Asked Questions
What type of property is this?
Residential income property - Heating is provided by forced air and a wall furnace.
Where is this residential income property located?
The property is located at 5561 Reno Huntington Beach, CA.
What is the asking price?
The asking price for this property is $2,425,000.
What are key features of this property?
This property features: Built in 1972; Balcony and rain gutters; Rear‑facing garage, driveway, and off‑street parking
