Industrial-Zoned Office/Showroom
For Sale
$900,000
7652 Slater Avenue, Huntington Beach, CA 92647
Commercial Sale, Huntington Beach, CA
Property Size3,462 SF
Price / SF$259.97
Days on Market177
Property Features for 7652 Slater Avenue
General Information
Property type
Residential
Property subtype
Office
Directions
Head West On Slater off of Beach Blvd.
Subdivision
17 - Northwest Huntington Beach
Standard status
Active
APN
93933034
Listing Agency:
Realty One Group United
(310) 356-0940
Listed By:
Austin Carr · License #01986298
(562) 537-7496
Added: Feb 23
Changed: Aug 19
Last Checked: Aug 19 at 3:06PM
MLS# PW26040174
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 two-story, industrial-zoned condominium property is configured as four separately parceled office units, with one prominent showroom space of approximately 550 SF. The building provides six reserved parking spaces for tenant and client access. Recent improvements include a new roof installed in 2024. Mechanical systems consist of three 400-amp HVAC setups with separate controls, supporting zoned climate control for individual units. The building is fully sprinklered.
The property is located at 7652 Slater Avenue in Huntington Beach, California. It is positioned within an industrial and commercial corridor and is presented in a current office/showroom layout while maintaining industrial zoning coverage.
For buyers, the separately parceled structure can support a range of strategies, including owner-user occupancy, multi-tenant leasing, or separating units for individual use or sale. The industrial zoning may also allow consideration of alternative light industrial or other permitted uses consistent with the zoning designation, subject to applicable approvals. Additionally, the seller is offering the first right of refusal to purchase adjacent attached garages when they become available, which may offer options for storage, vehicle bays, or expanded operating space.
The property is located at 7652 Slater Avenue in Huntington Beach, California. It is positioned within an industrial and commercial corridor and is presented in a current office/showroom layout while maintaining industrial zoning coverage.
For buyers, the separately parceled structure can support a range of strategies, including owner-user occupancy, multi-tenant leasing, or separating units for individual use or sale. The industrial zoning may also allow consideration of alternative light industrial or other permitted uses consistent with the zoning designation, subject to applicable approvals. Additionally, the seller is offering the first right of refusal to purchase adjacent attached garages when they become available, which may offer options for storage, vehicle bays, or expanded operating space.
Key Highlights
- About 3,462 SF, 2‑story multi‑unit building at 7652 Slater Avenue A–D
- Configured as four (4) separately parceled office condominium units with a prominent about 550 SF showroom
- Industrial‑zoned property currently set up as office/showroom; 3 units have 400‑amp HVAC with separate controls
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
$69,430
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
7.71%
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%
$1,388,600
$1.4M
Cap Rate 7%
$991,857
$991.9K
Cap Rate 9%
$771,444
$771.4K
Market Conditions
NOI Build-Up for 3,462 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
$103.9K $30.00/SF
− Vacancy
−$4.7K −$1.35/SF
EGI
$99.2K $28.65/SF
− OpEx
−$29.8K −$8.59/SF
NOI
$69.4K $20.05/SF
Area
Huntington Beach, CA
Vacancy
4.50%
Lease Rate
$30.00 /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%
$1,388,600
Cap Rate 7%
$991,857
Cap Rate 9%
$771,444
Alternative Uses
Best Use
Retail
$991.9K
$867.9K – $1.16M
NOI $69,430 @ 7.0% cap · market cap 7.71%
Second Best
Office B
$524.3K
$458.7K – $611.6K
NOI $36,698 @ 7.0% cap · market cap 4.08%
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
Current Use
Lease Details
4
Office units
Multi-tenant
Tenancy
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
3,072
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 Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Two-story, multi-unit office condominium property with showroom space, reserved parking, and recent roof replacement.
Where is this office units located?
The property is located at 7652 Slater Avenue 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: About 3,462 SF, 2‑story multi‑unit building at 7652 Slater Avenue A–D; Configured as four (4) separately parceled office condominium units with a prominent about 550 SF showroom; Industrial‑zoned property currently set up as office/showroom; 3 units have 400‑amp HVAC with separate controls
