Fourplex with Five
For Sale
$2,550,000
7782 Newman Avenue, Huntington Beach, CA 92647
Well-maintained fourplex offering one 3-bedroom unit and three 2-bedroom units plus five garages and additional back parking.
Property Size4,796 SF
Days on Market91
Property Features for 7782 Newman Avenue
General Information
Standard status
Active
Size
4,796 SF
Total Parking Spaces
11
Property subtype
Quadruplex
Additional Details
Multifamily Units
4
Building Details
Building Size
4,796 SF
Year Built
1978
Tenancy
Multi
Listing Agency:
CAL BEST REALTY
Listed By:
JOHNNY CHANG · License #00853937
(626) 570-4488
Source:
Velocityrealtysd
Added: Jun 9
Changed: Sep 5
Last Checked: Sep 7 at 7:45AM
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 CAL BEST REALTY
Investment Insights
Based on property information with market context.
This well-maintained fourplex features one large front unit with 3 bedrooms and 2.5 bathrooms, along with three additional units with 2 bedrooms and 2 bathrooms. The property includes five garages and parking for additional vehicles in the back, supporting convenient off-street parking for residents.
Located on an excellent cul-de-sac street in Huntington Beach, the property is positioned for easy day-to-day convenience, with access described as close to the beach and shopping.
The current configuration provides a mix of unit sizes within a single fourplex layout, supported by the on-site garage and rear parking capacity.
Located on an excellent cul-de-sac street in Huntington Beach, the property is positioned for easy day-to-day convenience, with access described as close to the beach and shopping.
The current configuration provides a mix of unit sizes within a single fourplex layout, supported by the on-site garage and rear parking capacity.
Key Highlights
- Fourplex with one 3‑bedroom, 2.5‑bath front unit and three 2‑bedroom, 2‑bath units
- Five garages plus parking for 6 more cars in the back
- Well‑maintained 4‑plex on a cul‑de‑sac street
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
$112,084
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
4.40%
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%
$2,241,680
$2.2M
Cap Rate 7%
$1,601,200
$1.6M
Cap Rate 9%
$1,245,378
$1.2M
Market Conditions
NOI Build-Up for 4,796 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
$164.0K $34.20/SF
− Vacancy
−$3.9K −$0.81/SF
EGI
$160.1K $33.39/SF
− OpEx
−$48.0K −$10.02/SF
NOI
$112.1K $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%
$2,241,680
Cap Rate 7%
$1,601,200
Cap Rate 9%
$1,245,378
Alternative Uses
Best Use
Multifamily LT 5
$1.60M
$1.40M – $1.87M
NOI $112,084 @ 7.0% cap · market cap 4.40%
Second Best
Apartment 5plus
$1.48M
$1.29M – $1.72M
NOI $103,389 @ 7.0% cap · market cap 4.05%
Theoretical Best
Specialty Retail
$1.66M
$1.45M – $1.93M
NOI $116,025 @ 7.0% cap · market cap 4.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,495
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 - Well-maintained fourplex offering one 3-bedroom unit and three 2-bedroom units plus five garages and additional back parking.
Where is this quadplex located?
The property is located at 7782 Newman Avenue Huntington Beach, CA.
What is the asking price?
The asking price for this property is $2,550,000.
What are key features of this property?
This property features: Fourplex with one 3‑bedroom, 2.5‑bath front unit and three 2‑bedroom, 2‑bath units; Five garages plus parking for 6 more cars in the back; Well‑maintained 4‑plex on a cul‑de‑sac street
