4-Unit Apartment Condo in Westminster - Prime Investment Opportunity Discover this 4-unit apartment condo located in the heart of Westminster! Two units are partially remodeled, while two boast complete renovations (one as recent as 5 months ago). Each unit offers a spacious 2-bedroom, 1.5-bath layout, providing comfortable and practical living accommodations. The property features convenient parking in the back alley with 3 single-car garages and 1 outdoor parking spot. Perfect for investors, this property is tenant-occupied with long-term residents currently enrolled in the Section 8 program. Rents are below market value, offering excellent potential for future rent adjustments and income growth. The HOA covers the roof, fire insurance, landscaping, and building exterior for added peace of mind. The property is in close proximity to Chua Dieu Ngu Buddhist Temple, Blessed Sacrament Catholic Church, Sigler Park, and schools. It also offers quick access to freeways and nearby shopping malls for convenience. Don't miss out on this fantastic opportunity!
MLS# | OC25062022 |
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Listing Type | For Sale |
Style | Town House |
Suite Number | 22 |
Sub-Type | Resale |
Status | Active |
Year | 1965 |
Days On Site | 34 |
Listing Provided By | Home Trade Realty & Funding 714-891-6666 | Sheila Kamiyama |
SQ Feet | 4,758 |
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Garage | 3 |
Story(s) | 2 |
Units | 4 |
Building(s) | 1 |
Acreage | 5.81 |
Property View | None |
State | CA |
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County | Orange |
City | Westminster |
Zip Code | 92683 |
Area | 59 Westminster North of 405 & Westminster |
Community Name | Other |
Listing VS Median (in Other) | |
Price: $1,790,000 low | high Med: $799,000 SqFt: 4,758 low | high Med: 2,268 $ / SqFt: $376 low | high Med: $352 On site: 34 low | high Med: 535.000000 |