Versatile Huntington Beach Investment
7652 Slater Ave Huntington Beach, CA 92647
For Sale
$900,000
Multi-unit property with income potential and industrial zoning upside.
Property Size3,462 SF
Price / SF$259.97
Days on Market97
Property Features for 7652 Slater Ave
General Information
Standard status
Active
Size
3,462 SF
Property subtype
Commercial
Listing Agency:
Realty ONE Group United
(562) 537-7496
Listed By:
Austin Carr · License #01986298
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 28 at 10:36AM
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 Realty ONE Group United
Investment Insights
Based on property information with market context.
Located in Huntington Beach, this multi-unit property at 7652 Slater Avenue A-D offers a versatile investment opportunity. The property, consisting of approximately 3,462 square feet, is configured as four separately parceled office condominiums, including a 550 square foot showroom space. The property is located in a high-demand area near major thoroughfares. The building is a two-story structure with industrial zoning. The property is suited for owner-user occupancy, multi-tenant leasing, or individual sales. There are six reserved parking spaces. A new roof was installed in 2024. The building features three 400-amp HVAC systems with separate controls and is fully sprinklered. The property's industrial zoning allows for light manufacturing, warehouse/distribution, R&D, custom industry, or expanded commercial services. The seller is offering the first right of refusal to purchase the adjacent attached garages when they become available. The location has a bike score of 75, walk score of 79, and transit score of 35.
Key Highlights
- Prime Industrial Zoning: Offers exceptional flexibility.
- Four Separate Parcels: Allows for owner‑user occupancy, multi‑tenant leasing, or individual sales.
- New Roof (2024): Recent capital improvement provides peace of mind.
Financial Insights For Retail
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 | $103.9k | $30.00 |
| − Vacancy | −$4.7k | −$1.35 |
| EGI | $99.2k | $28.65 |
| − OpEx | −$29.8k | −$8.59 |
| NOI | $69.4k | $20.05 |
3,462 SF · lease $30.00/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$991.9K
$867.9K – $1.16M
NOI $69,430 @ 7.0% cap · market cap 7.71%
Second Best
Flex RnD
$806.3K
$705.5K – $940.6K
NOI $56,438 @ 7.0% cap · market cap 6.27%
Theoretical Best
Specialty Retail
$1.20M
$1.05M – $1.40M
NOI $83,753 @ 7.0% cap · market cap 9.31%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- About Town Bartending — 7501 Slater Ave Q, Huntington Beach, CA 92647
- Madame Paris Catering — 8437 Benjamin Dr, Huntington Beach, CA 92647
- Casa Blanca Catering — 6881 Via Carona Dr, Huntington Beach, CA 92647
- SERRANO’S CATERING — 7711 Talbert Ave, Huntington Beach, CA 92648
- Unique Fettuccine and Sandwiches — 8101-8127 Newman Ave, Huntington Beach, CA 92647
Frequently Asked Questions
What type of property is this?
Flex space - Multi-unit property with income potential and industrial zoning upside.
Where is this flex space located?
The property is located at 7652 Slater Ave Huntington Beach, CA.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Prime Industrial Zoning: Offers exceptional flexibility.; Four Separate Parcels: Allows for owner‑user occupancy, multi‑tenant leasing, or individual sales.; New Roof (2024): Recent capital improvement provides peace of mind.
