Renovated 4-Unit
For Sale
$2,300,000
7571 Amazon Dr, Huntington Beach, CA 92647
Renovated multifamily property with private outdoor areas, individual gas and electric meters, and assigned garage parking.
Property Size4,405 SF
Price / SF$522.13
Days on Market30
Property Features for 7571 Amazon Dr
General Information
Standard status
Active
Size
4,405 SF
Total Parking Spaces
6
Property subtype
Residential Income
Units
Unit Mix
1 x 3BR/2BA, 1 x 2BR/2BA, 1 x 2BR/1.5BA, 1 x 2BR/1BA
Multifamily Units
4
Additional Details
Utilities to Site
Yes
Amenities
on-site laundry room
Building Details
Year Built
1966
Listing Agency:
CB Richard Ellis, Inc.
(714) 493-0614
Listed By:
Sean Riley · License #01920511
(714) 493-0614
Source:
Exprealty
Added: Jul 16
Changed: Aug 14
Last Checked: Aug 14 at 5:24AM
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 CB Richard Ellis, Inc.
Investment Insights
Based on property information with market context.
This four-unit multifamily property was built in 1966 and has been renovated inside and out. The unit mix includes one 3-bedroom/2-bathroom residence, one 2-bedroom/2-bathroom residence, one 2-bedroom/1.5-bathroom residence, and one 2-bedroom/1-bathroom residence. Each unit has a private patio or balcony and its own water heater. Gas and electricity are individually metered, while water is master metered.
The roof received a comprehensive tune-up approximately one year ago and includes a new limited warranty. Parking provides one assigned garage space for each residence, along with two shared uncovered spaces and nearby street parking. An on-site laundry room is available for tenant use with tenant-owned appliances. The property is located on Amazon Drive in Huntington Beach, minutes from Bella Terra.
The roof received a comprehensive tune-up approximately one year ago and includes a new limited warranty. Parking provides one assigned garage space for each residence, along with two shared uncovered spaces and nearby street parking. An on-site laundry room is available for tenant use with tenant-owned appliances. The property is located on Amazon Drive in Huntington Beach, minutes from Bella Terra.
Key Highlights
- Four‑unit property with one 3‑bedroom and three 2‑bedroom residences
- Unit mix includes 3‑bedroom/2‑bathroom, 2‑bedroom/2‑bathroom, 2‑bedroom/1.5‑bathroom, and 2‑bedroom/1‑bathroom units
- Renovated interior and exterior; built in 1966
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
$102,946
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
4.48%
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%
$2,058,920
$2.1M
Cap Rate 7%
$1,470,657
$1.5M
Cap Rate 9%
$1,143,844
$1.1M
Market Conditions
NOI Build-Up for 4,405 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
$150.7K $34.20/SF
− Vacancy
−$3.6K −$0.81/SF
EGI
$147.1K $33.39/SF
− OpEx
−$44.1K −$10.02/SF
NOI
$102.9K $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 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%
$2,058,920
Cap Rate 7%
$1,470,657
Cap Rate 9%
$1,143,844
Alternative Uses
Best Use
Multifamily LT 5
$1.47M
$1.29M – $1.72M
NOI $102,946 @ 7.0% cap · market cap 4.48%
Second Best
Apartment 5plus
$1.36M
$1.19M – $1.58M
NOI $94,960 @ 7.0% cap · market cap 4.13%
Theoretical Best
Specialty Retail
$1.52M
$1.33M – $1.78M
NOI $106,566 @ 7.0% cap · market cap 4.63%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,765
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 - Renovated multifamily property with private outdoor areas, individual gas and electric meters, and assigned garage parking.
Where is this quadplex located?
The property is located at 7571 Amazon Dr Huntington Beach, CA.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: Four‑unit property with one 3‑bedroom and three 2‑bedroom residences; Unit mix includes 3‑bedroom/2‑bathroom, 2‑bedroom/2‑bathroom, 2‑bedroom/1.5‑bathroom, and 2‑bedroom/1‑bathroom units; Renovated interior and exterior; built in 1966
