Versatile Huntington Beach Investment
For Sale
$900,000
7652 Slater Ave, Huntington Beach, CA 92647
Multi-unit property with income potential and industrial zoning upside.
Property Size3,462 SF
Price / SF$259.97
Days on Market188
Property Features for 7652 Slater Ave
General Information
Standard status
Active
Size
3,462 SF
Site & Location
Neighborhood
Beach Boulevard
Listing Agency:
Realty One Group United
Listed By:
Austin Carr · License #01986298
(562) 537-7496
Source:
Myfabuloushome
Added: Apr 24
Changed: Oct 25
Last Checked: Oct 7 at 1:41PM
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
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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
Estimated NOI and Cap Rate
NOI / Yr
$56,438
Cap Rate
6.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,128,760
$1.1M
Cap Rate 7%
$806,257
$806.3K
Cap Rate 9%
$627,089
$627.1K
Market Conditions
NOI Build-Up for 3,462 SF
Gross rent
$91.4K $26.40/SF
− Vacancy
−$4.6K −$1.32/SF
EGI
$86.8K $25.08/SF
− OpEx
−$30.4K −$8.78/SF
NOI
$56.4K $16.30/SF
Area
Huntington Beach, CA
Vacancy
5.00%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,128,760
Cap Rate 7%
$806,257
Cap Rate 9%
$627,089
Alternative Uses
Best Use
Flex RnD
$806.3K
$705.5K – $940.6K
NOI $56,438 @ 7.0% cap · market cap 6.27%
Second Best
Industrial
$639.4K
$559.5K – $746.0K
NOI $44,760 @ 7.0% cap · market cap 4.97%
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.
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Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,072
Businesses Nearby
Balanced
Demand for This Use
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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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- SERRANO’S CATERING — 7711 Talbert Ave, Huntington Beach, CA 92648
- Unique Fettuccine and Sandwiches — 8101-8127 Newman Ave, Huntington Beach, CA 92647
- Casa Blanca Catering — 6881 Via Carona Dr, Huntington Beach, CA 92647
- Madame Paris Catering — 8437 Benjamin Dr, Huntington Beach, CA 92647
- About Town Bartending — 7501 Slater Ave Q, 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.
