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.
Property Type
Residential IncomeCounty
OrangeStyle
Residential IncomeAD ID
50227954
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Interior Features
- Interior Features: Open Floorplan,Recessed Lighting,All Bedrooms Down
- Property Appliances: Dishwasher,Gas Range,Range Hood
- Fireplace: None
- Flooring: Vinyl
Cooling Features
- Central Air,Ductless
- Air Conditioning
Heating Source
- Central,Ductless
- Has Heating
Fireplace
- Fireplace Features: None
- Has Fireplace: 0
-
Exterior Features
Building Information
- Year Built: 2025
- Building Area Total: 6,000
Security Features
- Carbon Monoxide Detector(s),Gated Community,Smoke Detector(s)
Pool Features
- None
Laundry Features
- Washer Hookup,Gas Dryer Hookup
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.4473
- Lot Size Source: Assessor
- Lot Size Square Feet: 19485
-
Listing Information
Listing Price Information
- Original List Price: 3,595,000
- Listing Contract Date: 2025-06-19
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 09641321
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Assigned,Driveway
Homeowners Association
Rental Info
- Lease Term: Negotiable
- Tenant Pays: All Utilities
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 59 - Westminster North of 405 & Westminster
- Directions: Goldenwest St / Trask Ave
- Source Property Type: Residential Income
- Area: 59 - Westminster North of 405 & Westminster
- Property SubType: Apartment
Building and Construction
- Property Age: 0
- Common Walls: 1 Common Wall,No One Above
- Structure Type: Apartment
- Year Built Source: Builder
- Entry Level: 1
- Entry Location: Entry Door
- Property Attached: Yes
- Levels or Stories: One
- Building Total Stories: 1
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BuyOwner last updated this listing 07/26/2025 @ 08:47
- MLS: OC25124460
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is for sale, it has 6,000 sqft, 19,485 sized lot, and 1 parking. are nearby neighborhoods.