NOT LISTED FOR SALE

13761 Cedar St Unit 1-4 Westminster, CA 92683

4 Beds
6 Baths
6,400 Sq Ft
0.33 Acres

Last Sold February 21, 2024

Last sale price $3,150,000 $492 Per Sq Ft

7 Days on Market

Highlights

  • No HOA
  • 16 Car Direct Access Garage
  • Central Heating and Cooling System
  • Schmitt Elementary Rated A-
  • Laundry Room
  • Masonry wall

About This Home

As of February 2024

13761 Cedar St. #1-4 and 13765 Cedar St. #1-4 Westminster, CA 92683 Eight 2BR/2.5BA Townhome Apt. Units Built in 1988. Good rental location within close proximity to commercial centers . Each unit has a 2 car garage with opener and washer and dryer hook ups. Also each unit has Central air and heat, dishwasher, downstairs half bath and 2 bedrooms upstairs that have their own full bathroom and a patio.

Last Agent to Sell the Property

Barry Hildebrandt

WESTCOE REALTORS INC License #00639004 Listed on: 01/15/2024

WESTCOE REALTORS INC

Last Buyer's Agent

Kevin Nguyen

Payless Mortgage License #01234332

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1988

Lot Details

  • 0.33 Acre Lot
  • Two or More Common Walls
  • Masonry wall
  • Wood Fence
  • Sprinklers on Timer
  • Density is 6-10 Units/Acre
  • 0960731,09607333

Parking

  • 16 Car Direct Access Garage
  • Parking Available
  • Driveway Level

Home Design

  • Property Attached
  • Slab Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 6,400 Sq Ft Home
  • 2-Story Property

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 38
  • Tax Tract Number 1036
  • Assessor Parcel Number 09607334
  • $1,142 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 8 Units

Building Details

  • 8 Leased Units
  • 9 Separate Electric Meters
  • 8 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $360
  • Insurance Expense $4,403
  • Maintenance Expense $34,547
  • Professional Management Expense $6,433
  • Trash Expense $3,125
  • Water Sewer Expense $4,230
  • New Taxes Expense $38,720
  • Operating Expense $91,818
  • Gross Income $173,372
  • Net Operating Income $81,554

Property Details

Home Type

Multi-Family

Year Built

Built in 1988

Lot Details

0

Parking

16

Listing Details

  • Assessments: Yes
  • CapRate: 2.55
  • Price Per Unit: 400000
  • Professional Management Expense: 6433.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 4230.00
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 09607334
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Entry Location: ground floor
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 492.19
  • Room Type: All Bedrooms Up, Kitchen

Exterior Features

  • Foundation: Slab
  • Exterior Features: Lighting, Rain Gutters
  • Fence: Yes
  • Fencing: Masonry, Wood
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Drywall Walls, Frame, Stucco

Garage/Parking

  • Garage Spaces: 16.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Paved, Driveway Level, Garage
  • Total Parking Spaces: 16.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Cooktop
  • Electric: Electricity - On Property
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Trash Expense: 3125.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 0960731,09607333
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre, Sprinkler System, Sprinklers Timer
  • Lot Size Sq Ft: 14468.00
  • Lot Size Acres: 0.3321

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average2 Bed Area: 800 Square Feet
  • Electric Expense: 360.00
  • Gross Multiplier: 18.46
  • Gross Operating Income: 173372.00
  • Gross Scheduled Income: 173372.00
  • Insurance Expense: 4403.00
  • Lot Size Area: 14468.0000 Square Feet
  • Maintenance Expense: 34547.00
  • Net Operating Income: 81554.00
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 8
  • Number Of Units Total: 8
  • Number With Dishwasher: 8
  • Number With Disposal: 8
  • Number With Range: 8
  • Operating Expense: 91818.00
  • Operating Expense Percent: 52.90
  • Rent Control: No
  • Total Actual Rent: 173400.00
  • Total Expenses: 91818.00

Tax Info

  • New Taxes Expense: 38720.00
  • Tax Census Tract: 999.04
  • Tax Lot: 38
  • Tax Tract Number: 1036
  • TaxOtherAnnualAssessmentAmount: 1142.00

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2024 02/21/24 Sold $3,150,000 -1.6% $492 / Sq Ft
01/22/2024 01/22/24 Pending -- -- --
01/18/2024 01/18/24 For Sale $3,200,000 +1.6% $500 / Sq Ft
01/17/2024 01/17/24 Off Market $3,150,000 -- --
01/15/2024 01/15/24 For Sale $3,200,000 -- $500 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV24006610

California Regional Multiple Listing Service (CRMLS)