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4-Unit Apartment Property
New
For Sale
$2,425,000

5561 Reno, Huntington Beach, CA 92649

Huntington Beach, CA

Property Size4,273 SF
Lot Size0.16 Acres
Price / SF$567.52
Days on Market5

Property Features for 5561 Reno

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Bedrooms 9
Bathrooms 7
Full bathrooms 7
Rooms Kitchen, Bedroom 4, Bedroom 7, Bedroom 9, Bathroom 3, Bathroom 4, Bedroom 8, Bathroom 7, Bedroom 3, Laundry Room, Bedroom 2, Bathroom 6, Bedroom 5, Bathroom 5, Bedroom 6, Bathroom 1, Bathroom 2, Bedroom 1
Parking 10
Parking features Off Street, Garage, Driveway
Interior features Balcony
Fireplace 1
Appliances Gas Cooktop, Water Heater, Disposal, Built-In Range, Gas Water Heater, Gas Range, Gas Oven
Subdivision Other (OTHR)
Lot features Cul-De-Sac, Level with Street, Landscaped, Park Nearby, Sprinkler System, Lawn
Directions 405, Exit Bolsa West, L on Graham, L on Taft, L on Cross, Cross becomes Reno.
Standard status Active
APN 14544107
Lot size 0.16 Acres

Utilities

Utilities Cable Available
Heating system Wall Furnace, Forced Air
Water source Public

Building Details

Year built 1972
Floors in Building 2
Number of units 4
Flooring type Tile, Vinyl, Laminate, Carpet
Building materials Stucco
Roof type Shingle, Asphalt
Listing Agency: Citivest Realty Services, Inc
Listed By: Michael Lembeck · License #01019397
Added: Oct 6 Changed: Oct 8 Last Checked: Oct 10 at 5:06AM
MLS# PW26217784

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 4-unit apartment property contains approximately 4,273 square feet on a 0.16-acre lot and was built in 1972. Its configuration includes one 3-bedroom/2-bath residence, two 2-bedroom/2-bath residences, and one 2-bedroom/1-bath residence. Three units have been remodeled; the 3-bedroom unit has not. Improvements include granite counters and newer cabinetry, and one 2-bedroom/2-bath unit has a City-approved open layout.

Three units are occupied under month-to-month tenancies. The property is on a cul-de-sac near Marina High School in Huntington Beach, with access to shopping, employment centers, transportation routes, Huntington Harbour, Bolsa Chica, and the beach.

Key Highlights

  • Four residences with a mix of one 3‑bedroom/2‑bath, two 2‑bedroom/2‑bath, and one 2‑bedroom/1‑bath unit
  • Approximately 4,273 square feet on a 0.16‑acre lot
  • Built in 1972; three units remodeled, with granite countertops and newer cabinetry

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$99,861
Cap Rate
4.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,997,220 $2.0M
Cap Rate 7%
$1,426,586 $1.4M
Cap Rate 9%
$1,109,567 $1.1M
Market Conditions
NOI Build-Up for 4,273 SF
Gross rent
$146.1K $34.20/SF
− Vacancy
−$3.5K −$0.81/SF
EGI
$142.7K $33.39/SF
− OpEx
−$42.8K −$10.02/SF
NOI
$99.9K $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 Rate 5%
$1,997,220
Cap Rate 7%
$1,426,586
Cap Rate 9%
$1,109,567

Alternative Uses

Best Use
Multifamily LT 5
$1.43M
$1.25M – $1.66M (±1% cap)
NOI $99,861 @ 7.0% cap · market cap 4.12%
Second Best
Apartment 5plus
$1.32M
$1.15M – $1.54M (±1% cap)
NOI $92,114 @ 7.0% cap · market cap 3.80%
Theoretical Best
Specialty Retail
$1.48M
$1.29M – $1.72M (±1% cap)
NOI $103,372 @ 7.0% cap · market cap 4.26%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Parking Lot & Garage Real Estate Agency Barber Shop Grocery & Convenience Store Travel Agency

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

4
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,368
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Quadplex - The building combines a varied bedroom mix with interior updates in three residences.
Where is this quadplex 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: Four residences with a mix of one 3‑bedroom/2‑bath, two 2‑bedroom/2‑bath, and one 2‑bedroom/1‑bath unit; Approximately 4,273 square feet on a 0.16‑acre lot; Built in 1972; three units remodeled, with granite countertops and newer cabinetry
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