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Sherry Ramos

sherry.ramos@engelvoelkers.com +1(818) 429-2793

$ 1,999,000

Est. payment -/mo

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Active

14260 Village WAY #23 Westminster, CA 92683

4,758 SqFt

UPDATED:

09/30/2024 05:50 PM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,758 sqft

Price per Sqft $420

Subdivision ,Other

MLS Listing ID PW24198214

Condo Fees $900

HOA Fees $900/mo

HOA Y/N Yes

Year Built 1962

Lot Size 2.500 Acres

Property 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!

Location

State CA

County Orange

Area 59 - Westminster North Of 405 & Westminster

Rooms

Ensuite Laundry Common Area, Inside, See Remarks

Interior

Interior Features All Bedrooms Up

Laundry Location Common Area,Inside,See Remarks

Heating Central

Fireplace No

Laundry Common Area, Inside, See Remarks

Exterior

Garage Assigned

Pool None

Community Features Street Lights, Sidewalks

Amenities Available Maintenance Grounds, Other, Security, Trash

Parking Type Assigned

Private Pool No

Building

Lot Description Lawn

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 93910029

Acceptable Financing Submit

Listing Terms Submit

Special Listing Condition Standard

Listed by Joseph Lee • RE/MAX Diamond • 714-886-7571

Sherry Ramos

Advisor | License ID: 01271018

+1(818) 429-2793

Sherry Ramos

14260 Village WAY #23 Westminster, CA 92683

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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14260 Village WAY #23