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Sold for $1,650,000 on 11/12/24
  • Listing Provided by: 

    Craig Ratowsky DRE #00608046 714-318-5382,

    Compass,

    Justin Ratowsky DRE #02026158 714-336-5682,

    Compass

    Bought with: Compass
    $1,650,000

    7883 16th St, Westminster, CA 92683

    9beds
    4baths
    3,240sqft
    Quadruplex
    Built in 1962
    -- sqft lot
    $-- Zestimate®
    $509/sqft
    $4,215 Estimated rent

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    $4,215/mo

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    $4,215/mo

    Rent Zestimate®

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    $10,180/mo

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    $10,180/mo

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    What's special

    Discover 7883 16th Street, a versatile four-plex in Westminster, California, ideal for investors seeking rental income and zoned for mixed use development potential. This property features a standalone two-bedroom, one-bath house (built in 1927) and a duplex with two units (built in 1962), one offering two bedrooms and one bath and the other offering three bedrooms and one bath. Additionally, there is a two-bedroom, one-bath unit (built in 1962) located above the garage. Roof replacements for the duplex and front house were completed in 2020. The three bedroom owner occupied unit features a garage converted into a third bedroom, formal dining, custom-tiled shower, and a kitchen with in-unit laundry. Central to shopping, schools and entertainment with easy transport access. Three of the units are rented to long-term tenants, ensuring stable occupancy and consistent income. Viewings are drive-by only; please do not disturb tenants or the owner. Offers are to be made subject to interior inspection, presenting a great opportunity for immediate returns and future expansions. The property is located in a Mixed-Use 40 Units/Acre (MU40) district. The MU40 district is intended to provide for a mix of compatible residential and nonresidential uses with densities up to 40 units per acre. Reach out to the City of Westminster Planning and Zoning to verify all information.

    Zillow last checked: 8 hours ago

    Listing updated: December 10, 2024 at 12:10pm

    Listing Provided by:

    Craig Ratowsky DRE #00608046 714-318-5382,

    Compass,

    Justin Ratowsky DRE #02026158 714-336-5682,

    Compass

    Bought with:

    Justin Ratowsky, DRE #02026158

    Compass

    Craig Ratowsky, DRE #00608046

    Compass

    Source: CRMLS,MLS#: OC24199139MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 4
    Heating
    • Wall Furnace
    Appliances
    • Laundry: Inside, In Garage
    Features
    • Flooring: Carpet
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 3,240
    • Total interior livable area: 3,240 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage
    • Garage spaces: 4
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Pool features: None
    • Spa features: None
    Lot
    • Size: 0.25 Acres
    • Features: Sprinkler System
    Details
    • Parcel number: 09633224
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Materials
    • Roof: Composition,Flat
    Condition
    • New construction: No
    • Year built: 1962

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Security
    • Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
    Community
    • Community features: Street Lights, Sidewalks
    Location
    • Region: Westminster
    • Subdivision: Other

    HOA & financial

    Other financial information
    • Total actual rent: 4330

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan