UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC25124460
Bedrooms 10
HOA Y/N No
Lot Size 0.447 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
7-UNIT investment property in the City of Westminster. Turn-key & fully occupied, this exceptional property combines 2 brand-new construction and 5 renovated units delivering immediate cash flow & long-term upside. 2 BRAND NEW HOMES (2025) Unit 1: 4 bd / 2 ba 1,200 SF, attached 1-car garage, solar, separate water meter. Unit 2: 2 bd / 2 ba 800 SF, solar, separate water meter. 5 REMODELED UNITS Quartz kitchens, Modern cabinetry, New appliances, Vinyl flooring, Recessed lighting, Updated baths, A/C & heat, W/D hookups. SITE FEATURES 14 on-site parking spaces (2 per unit), New vinyl fencing & fresh landscaping, Separate gas & electric meters; tenants pay all utilities. Current CAP rate is 4.50 %, supported by low operating expenses and high tenant demand in this sought-after Westminster neighborhood. With solar on the new builds, modern finishes throughout, and durable upgrades already in place, this property will have low maintenance for the next 10+ years.
Location
State CA
County Orange
Area Oc - Westminster (92683)
Zoning Builder
Interior
Cooling Central Forced Air
Exterior
Parking Features Unit1:Assigned
Building
Lot Description Sidewalks
Story 1
Level or Stories 1 Story
Others
Monthly Total Fees $250
Acceptable Financing Cash, Exchange
Space Rent $4,200
Listing Terms Cash, Exchange
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