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Listed by Nhi T Phan • Real Broker
$3,595,000
Est. payment /mo
6,000 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 6,000 sqft
Price per Sqft $599
MLS Listing ID OC-25124460
Year Built 2025
Lot Size 0.447 Acres
Property Sub-Type Apartment
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) o Unit 1: 4 bd / 2 ba -- 1,200 SF, attached 1-car garage, solar, separate water meter. o 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 ~ 5.00 %, 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 59 - Westminster No Of 405, Westminster
Interior
Interior Features Open Floorplan, Recessed Lighting
Heating Ductless, Central
Flooring Vinyl
Fireplaces Type None
Laundry Gas Dryer Hookup, Washer Hookup
Exterior
Parking Features Assigned, Driveway
Garage Spaces 1.0
Pool None
Community Features Sidewalks
View Y/N Yes
Building
Lot Description Lot 10000-19999 Sqft
Sewer Public Sewer
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Naghmeh Keyvani
Broker Associate | License ID: DRE# 02091823
Broker Associate License ID: DRE# 02091823