Single-Story
8421 Warner Avenue, Huntington Beach, CA 92647
For Sale
New
$1,950,000
Four matching apartments offer private patios, laundry hookups, and assigned garage parking.
Property Size3,601 SF
Lot Size0.18 Acres
Days on Market4
Property Features for 8421 Warner Avenue
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Occupancy
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Additional Details
Tenant in Place
Taxes and HOA fees
Annual Taxes
Amenities
in-unit laundry hookups
private patio
individual water heater
double-pane windows
Building Details
Building Size
Year Built
Stories
Tenancy
Listing Agency:
Morgan Skenderian
Listed By:
Garrett Blair · License #02026908
Source:
Altamirarealty
Added: Nov 4
Changed: Nov 6
Last Checked: Nov 6 at 2:26PM
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 Morgan Skenderian
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Investment Insights
Based on property information with market context.
Built in 1964, this single-story quadplex contains four apartments, each configured with two bedrooms and one bathroom. Units measure approximately 900 SF apiece and include laundry hookups, a private patio, an individual water heater, and double-pane windows. The property occupies a 7,697 SF lot and provides seven parking spaces: two two-car garages and three open spaces. Garage spaces are assigned to residents.
The four units are fully occupied by long-term tenants. The property is located in Huntington Beach, California.
The four units are fully occupied by long-term tenants. The property is located in Huntington Beach, California.
Key Highlights
- Four apartments, each with 2 bedrooms and 1 bathroom
- Approximately 900 SF per unit on a 7,697 SF lot
- Seven parking spaces: two two‑car garages plus three open spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$84,156
Cap Rate
4.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,683,120
$1.7M
Cap Rate 7%
$1,202,229
$1.2M
Cap Rate 9%
$935,067
$935.1K
Market Conditions
NOI Build-Up for 3,601 SF
Gross rent
$123.2K $34.20/SF
− Vacancy
−$2.9K −$0.81/SF
EGI
$120.2K $33.39/SF
− OpEx
−$36.1K −$10.02/SF
NOI
$84.2K $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%
$1,683,120
Cap Rate 7%
$1,202,229
Cap Rate 9%
$935,067
Alternative Uses
Best Use
Multifamily LT 5
$1.20M
$1.05M – $1.40M
NOI $84,156 @ 7.0% cap · market cap 4.32%
Second Best
Apartment 5plus
$1.11M
$970.4K – $1.29M
NOI $77,628 @ 7.0% cap · market cap 3.98%
Theoretical Best
Specialty Retail
$1.24M
$1.09M – $1.45M
NOI $87,115 @ 7.0% cap · market cap 4.47%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,825
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 - Four matching apartments offer private patios, laundry hookups, and assigned garage parking.
Where is this quadplex located?
The property is located at 8421 Warner Avenue Huntington Beach, CA.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Four apartments, each with 2 bedrooms and 1 bathroom; Approximately 900 SF per unit on a 7,697 SF lot; Seven parking spaces: two two‑car garages plus three open spaces
