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4-Unit Renovated Multifamily Property
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8431 Tamaru, Huntington Beach, CA 92647

Huntington Beach, CA

Property Size915 SF
Lot Size0.21 Acres
Price / SF$3.55
Days on Market2

Property Features for 8431 Tamaru

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Laundry Room, Bathroom 1, Bedroom 1, Bedroom 2
Parking 2
Pets allowed Breed Restrictions
Lot features 2-5 Units/ Acre
Elementary school district Huntington Beach Union High
Middle school district Huntington Beach Union High
High school district Huntington Beach Union High
Directions Beach Blvd, Right on Warner, Left on NewLand, Left on Tamaru
Subdivision 699 - Not Defined
Standard status Active
APN 10766505
Size 915 SF
Lot size 0.21 Acres

Utilities

Sewer type Public Sewer
Water source Public

Amenities

patio
washer/dryer

Building Details

Year built 1964
Floors in Building 1
Number of units 4
Listing Agency: RE/MAX TerraSol · RE/MAX International
Listed By: Sam Beshara · License #02094495
Added: Oct 27 Changed: Oct 28 Last Checked: Oct 28 at 7:06AM
MLS# OC26231526

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.

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Investment Insights

Based on property information with market context.

This four-residence multifamily property offers two-bedroom, two-bath layouts, with a patio serving each home. Interior features include porcelain tile floors, wood cabinetry, stone-look countertops with waterfall edges, and glass-enclosed showers. Each residence also has a washer and dryer, and tankless water heater service.

A comprehensive renovation included new plumbing, electrical systems, insulation, walls, closets, doors, windows, and a roof. Public water and sewer serve the property.

Key Highlights

  • Four residences, each with two bedrooms, two bathrooms, and a patio
  • Renovation included new plumbing, electrical, insulation, walls, closets, doors, windows, and roof
  • Each residence includes a washer and dryer and a tankless water heater

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$19,725
Suggested Prices Based on Cap Rates
Cap Rate 5%
$394,500 $394.5K
Cap Rate 7%
$281,786 $281.8K
Cap Rate 9%
$219,167 $219.2K
Market Conditions
NOI Build-Up for 915 SF
Gross rent
$36.8K $40.20/SF
− Vacancy
−$920 −$1.01/SF
EGI
$35.9K $39.20/SF
− OpEx
−$16.1K −$17.64/SF
NOI
$19.7K $21.56/SF
Area
Huntington Beach, CA
Vacancy
2.50%
Lease Rate
$40.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$394,500
Cap Rate 7%
$281,786
Cap Rate 9%
$219,167

Alternative Uses

Best Use
Apartment 5plus
$281.8K
$246.6K – $328.8K (±1% cap)
NOI $19,725 @ 7.0% cap · market cap 606.92%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$316.2K
$276.7K – $368.9K (±1% cap)
NOI $22,136 @ 7.0% cap · market cap 681.11%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,825
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Each residence has a patio, updated kitchen and bathrooms, and its own washer and dryer.
Where is this multifamily property located?
The property is located at 8431 Tamaru Huntington Beach, CA.
What are key features of this property?
This property features: Four residences, each with two bedrooms, two bathrooms, and a patio; Renovation included new plumbing, electrical, insulation, walls, closets, doors, windows, and roof; Each residence includes a washer and dryer and a tankless water heater
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