13154 Cedar St Westminster, CA 92683
Estimated payment $24,521/month
Highlights
- New Construction
- No Units Above
- 0.45 Acre Lot
- Westminster High School Rated A
- Gated Community
- Open Floorplan
About This Home
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.
Listing Agent
Real Broker Brokerage Phone: 714-823-1972 License #02178756 Listed on: 06/19/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 2025 | New Construction
Lot Details
- 0.45 Acre Lot
- No Units Above
- 1 Common Wall
Parking
- 14 Open Parking Spaces
- 1 Car Garage
- Parking Available
- Driveway
- Assigned Parking
Home Design
- Apartment
Interior Spaces
- 6,000 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Recessed Lighting
- Living Room
- Vinyl Flooring
- Neighborhood Views
Kitchen
- Gas Range
- Range Hood
- Dishwasher
Bedrooms and Bathrooms
- 16 Bedrooms
- 14 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Utilities
- Ductless Heating Or Cooling System
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot 2
- Tax Tract Number 2417
- Assessor Parcel Number 09641321
- $3,000 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 5 Buildings
- 7 Units
Building Details
- 7 Leased Units
- 7 Separate Electric Meters
- 7 Separate Gas Meters
- 3 Separate Water Meters
- Insurance Expense $9,000
- Maintenance Expense $7,578
- Professional Management Expense $10,104
- New Taxes Expense $43,700
- Operating Expense $80,486
- Gross Income $252,600
- Net Operating Income $172,114
Security
- Gated Community
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/16/2025 07/16/25 | For Rent | $2,650 | 0.0% | -- |
| 06/19/2025 06/19/25 | For Sale | $3,750,000 | 0.0% | $625 / Sq Ft |
| 11/05/2024 11/05/24 | Rented | $2,700 | 0.0% | -- |
| 10/25/2024 10/25/24 | For Rent | $2,700 | 0.0% | -- |
| 10/15/2024 10/15/24 | Rented | $2,700 | 0.0% | -- |
| 09/06/2024 09/06/24 | For Rent | $2,700 | 0.0% | -- |
| 10/21/2021 10/21/21 | Sold | $1,600,000 | -8.6% | $400 / Sq Ft |
| 08/31/2021 08/31/21 | For Sale | $1,750,000 | -- | $438 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC25124460
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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