Two Quadplexes with Detached Rear
7821 Ronald, Huntington Beach, CA 92647
For Sale
New
$3,528,000
Each building offers four two-bedroom residences, garages, and yard space.
Property Size9,193 SF
Days on Market5
Property Features for 7821 Ronald
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Additional Details
Tenant in Place
Building Details
Building Size
Year Built
Listing Agency:
ehomes
Listed By:
Sally Roldan · License #02095511
Source:
Velocityrealtysd
Added: Nov 5
Changed: Nov 8
Last Checked: Nov 8 at 10:55AM
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 ehomes
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Investment Insights
Based on property information with market context.
Two four-unit residential buildings at 7821 and 7831 Ronald Drive are offered together in Huntington Beach. Each residence has two bedrooms, one bathroom, and a one-car garage. Both properties include a detached rear unit without shared walls, along with yard space. The buildings have been remodeled; improvements also include new windows and fencing. Their roofs are approximately 8 years old, and both properties have long-term tenants.
The properties occupy separate parcels. Neighboring multifamily properties at 7801 and 7811 Ronald Drive are also available for sale.
The properties occupy separate parcels. Neighboring multifamily properties at 7801 and 7811 Ronald Drive are also available for sale.
Key Highlights
- Two four‑unit properties on separate parcels
- Each unit has 2 bedrooms, 1 bathroom, and a 1‑car garage
- Detached rear unit at each property has no common walls
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$214,843
Cap Rate
6.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,296,860
$4.3M
Cap Rate 7%
$3,069,186
$3.1M
Cap Rate 9%
$2,387,144
$2.4M
Market Conditions
NOI Build-Up for 9,193 SF
Gross rent
$314.4K $34.20/SF
− Vacancy
−$7.5K −$0.81/SF
EGI
$306.9K $33.39/SF
− OpEx
−$92.1K −$10.02/SF
NOI
$214.8K $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 Rate 5%
$4,296,860
Cap Rate 7%
$3,069,186
Cap Rate 9%
$2,387,144
Alternative Uses
Best Use
Multifamily LT 5
$3.07M
$2.69M – $3.58M
NOI $214,843 @ 7.0% cap · market cap 6.09%
Second Best
Apartment 5plus
$2.83M
$2.48M – $3.30M
NOI $198,176 @ 7.0% cap · market cap 5.62%
Theoretical Best
Specialty Retail
$3.18M
$2.78M – $3.71M
NOI $222,397 @ 7.0% cap · market cap 6.30%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
8
Residential units
Location Intelligence
Trade Area within ½ mile
2,495
Businesses Nearby
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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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Market
Properties on Market for Quadplexes in Huntington Beach
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Each building offers four two-bedroom residences, garages, and yard space.
Where is this quadplex located?
The property is located at 7821 Ronald Huntington Beach, CA.
What is the asking price?
The asking price for this property is $3,528,000.
What are key features of this property?
This property features: Two four‑unit properties on separate parcels; Each unit has 2 bedrooms, 1 bathroom, and a 1‑car garage; Detached rear unit at each property has no common walls
