Detached Triplex with Separate
New
For Sale
$1,799,000
8161 Elmore, Midway City, CA 92655
Midway City, CA
Property Size3,712 SF
Lot Size0.13 Acres
Price / SF$484.64
Days on Market2
Property Features for 8161 Elmore
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Bedrooms
7
Bathrooms
6
Full bathrooms
6
Rooms
Bedroom 6, Bedroom 2, Bathroom 1, Bedroom 4, Bathroom 6, Bedroom 1, Bathroom 2, Bedroom 3, Bathroom 3, Bathroom 5, Bedroom 5, Bedroom 7, Bathroom 4
Parking
1
Subdivision
Other (OTHR)
Lot features
Back Yard
Directions
Beach/Bolsa
Standard status
Active
APN
10718016
Lot size
0.13 Acres
Utilities
Sewer type
Public Sewer
Water source
Public
Amenities
indoor laundry
Building Details
Year built
1964
Floors in Building
2
Number of units
3
Roof type
Flat
Architectural style
Bungalow
Listing Agency:
Advance Estate Realty
(714) 894-4306
Listed By:
Tiffany Nguyen · License #01429636
(714) 936-6969
Added: Oct 13
Last Checked: Oct 14 at 10:06AM
MLS# OC26222424
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.
Built in 1964, this three-unit residential property contains 3,712 square feet on a 0.13-acre lot. The unit mix includes a detached three-bedroom, two-bath home and two townhouse-style residences, each with two bedrooms and one-and-a-half baths. All three homes have separate entrances and individual electric and gas meters; indoor laundry and parking are also provided. Public water and sewer serve the property.
Located at 8161 Elmore in Midway City, the property is in the Little Saigon area. Shopping, dining, schools, parks, major freeways and Huntington Beach are identified as nearby destinations.
Located at 8161 Elmore in Midway City, the property is in the Little Saigon area. Shopping, dining, schools, parks, major freeways and Huntington Beach are identified as nearby destinations.
Key Highlights
- Three units totaling 3,712 square feet on a 0.13‑acre lot
- Unit mix: one 3‑bedroom, 2‑bath home and two 2‑bedroom, 1.5‑bath residences
- Detached homes with separate entrances and no shared walls
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$78,297
Cap Rate
4.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,565,940
$1.6M
Cap Rate 7%
$1,118,529
$1.1M
Cap Rate 9%
$869,967
$870.0K
Market Conditions
NOI Build-Up for 3,712 SF
Gross rent
$115.8K $31.20/SF
− Vacancy
−$4.0K −$1.07/SF
EGI
$111.9K $30.13/SF
− OpEx
−$33.6K −$9.04/SF
NOI
$78.3K $21.09/SF
Area
Orange County, CA
Vacancy
3.42%
Lease Rate
$31.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,565,940
Cap Rate 7%
$1,118,529
Cap Rate 9%
$869,967
Alternative Uses
Best Use
Multifamily LT 5
$1.12M
$978.7K – $1.30M
NOI $78,297 @ 7.0% cap · market cap 4.35%
Second Best
Apartment 5plus
$1.01M
$885.7K – $1.18M
NOI $70,852 @ 7.0% cap · market cap 3.94%
Theoretical Best
Office A
$1.25M
$1.09M – $1.45M
NOI $87,275 @ 7.0% cap · market cap 4.85%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
3
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,061
Businesses Nearby
Explore this area
Business Placement
Demographics for 92655, CA
8,878
Population
2,845
Households
3.1
Avg Household Size
40
Median Age
21%
College-Educated
67%
High-School Grad
0.9 sq mi
ZIP Area
9,864
Density / Sq Mi
$64,602
Median Household Income
$36,588
Median Earnings
$1,443
Median Rent
$723,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Triplex - Three homes offer independent utility meters and indoor laundry facilities.
Where is this triplex located?
The property is located at 8161 Elmore Midway City, CA.
What is the asking price?
The asking price for this property is $1,799,000.
What are key features of this property?
This property features: Three units totaling 3,712 square feet on a 0.13‑acre lot; Unit mix: one 3‑bedroom, 2‑bath home and two 2‑bedroom, 1.5‑bath residences; Detached homes with separate entrances and no shared walls
