Description
Exceptional investment opportunity in westminster! welcome to this remarkable 4-unit property nestled in the highly sought-after city of westminster! with its great curb appeal and prime location, this investment offers tremendous rental potential. each unit features assigned parking, ensuring convenience for your tenants. spanning approximately 1,267 square feet per unit, each two-story unit includes 2 bedrooms and 1.5 baths. enjoy your own private garden patio, perfect for relaxation and outdoor activities. the main level boasts an open floor plan with a spacious living room that provides access to the patio, a cozy breakfast nook, a functional kitchen, half bath and convenient indoor laundry hookups. upstairs, you’ll find two generously sized bedrooms, including a primary room with a walk-in closet and direct access to a full bath. this property represents a true gem with substantial upside rental potential, as current rents are below market value. you have the opportunity to live in one unit while renting out the others, enhancing your financial benefits. the condition of the units varies, with one fully remodeled, one semi-remodeled, and two in standard condition, ready for your personal touch. the hoa provides significant benefits, covering trash, common area water, maintenance, and insurance, while also maintaining the exterior, including the roof. each unit has separate water, electric, and gas meters, and the current landlord pays for the gas and electricity for the water heaters. centrally located near shopping, great schools, parks, grocery stores, dining, and entertainment, this property offers easy access to the 405 and 22 freeways. it has a strong history of long-term tenants, enrolled in the section 8 program, who are eager to extend their leases. don’t miss this once-in-a-lifetime opportunity! this property won’t last long, act now to secure your investment in westminster today!
Property Type
Residential IncomeCounty
OrangeStyle
Residential IncomeAD ID
47003675
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Interior Features
- Interior Features: All Bedrooms Up
Heating Source
- Central
- Has Heating
-
Exterior Features
Building Information
- Year Built: 1962
- Building Area Total: 4,758
Pool Features
- None
Laundry Features
- Common Area,Inside,See Remarks
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 2.5
- Lot Size Source: Public Records
- Lot Size Square Feet: 108900
-
Listing Information
Listing Price Information
- Original List Price: 1,999,000
- Listing Contract Date: 2024-09-24
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 93910029
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Assigned
Homeowners Association
- Association: Yes
- Association Amenities: Maintenance Grounds,Other,Security,Trash
- Association Fee: 900
- AssociationFee Frequency: Monthly
- Calculated Total Monthly Association Fees: 900
Rental Info
- Lease Term: Negotiable
- Tenant Pays: Electricity,Gas
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 59 - Westminster North of 405 & Westminster
- Postal Code Plus 4: 1509
- Directions: Goldenwest / Westminster
- Source Property Type: Residential Income
- Area: 59 - Westminster North of 405 & Westminster
- Property SubType: Quadruplex
Building and Construction
- Property Age: 62
- Common Walls: 2+ Common Walls
- Structure Type: Quadruplex
- Year Built Source: Public Records
- Entry Level: 1
- Entry Location: 1
- Property Attached: Yes
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BuyOwner last updated this listing 11/16/2024 @ 22:48
- MLS: PW24198214
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 8 bedrooms which is for sale, it has 4,758 sqft, 108,900 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Westminster , in zip code 92683, this Orange County Home , it is in the ,Other Subdivision, are nearby neighborhoods.