NOT LISTED FOR SALE

13761 Cedar St Unit 1-4 Westminster, CA 92683

Westminster Area
4 Beds
6 Baths
6,400 Sq Ft
0.33 Acre Lot

Sale Details

Date Sold: February 21, 2024

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

7 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Carpet
  • 16 Car Direct Access Garage
  • 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

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1988

Lot Details

  • 14,468 Sq Ft 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
  • Entry on the 1st floor
  • Slab Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 6,400 Sq Ft Home
  • 2-Story Property
  • Laundry in Garage

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • 6 Bathrooms

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

Amenities

  • Laundry Facilities

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

0.33 Acres

Parking

16

Listing Details

  • Assessments: Yes
  • CapRate: 2.55
  • 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
  • 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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2024
Closed on
Feb 6, 2024
Sold by
Bought by
Seller's Agent
Barry Hildebrandt
WESTCOE REALTORS INC
Buyer's Agent
Kevin Nguyen
Payless Mortgage
List Price
$3,200,000
Sold Price
$3,150,000
Premium/Discount to List
-$50,000
-1.56%
Views
15

Purchase Details

Closed on
Apr 3, 2006
Sold by
Bought by

Purchase Details

Closed on
Dec 30, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
6.03%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 24, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
6.03%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Stewart Title
$1,900,000 First American Title Co
-- First American Title Co
$1,250,000 First American Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $625,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $13,839 $1,428,000 $1,119,596 $308,404
2024 $13,839 $1,138,814 $649,799 $489,015
2023 $13,369 $1,116,485 $637,058 $479,427
2022 $13,167 $1,094,594 $624,567 $470,027
2021 $12,877 $1,073,132 $612,321 $460,811
2020 $12,722 $1,062,129 $606,043 $456,086
2019 $12,579 $1,041,303 $594,159 $447,144
2018 $12,577 $1,020,886 $582,509 $438,377
2017 $12,096 $1,000,869 $571,087 $429,782
2016 $11,711 $981,245 $559,890 $421,355
2015 $11,506 $966,506 $551,480 $415,026
2014 $10,106 $842,392 $434,527 $407,865
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV24006610

California Regional Multiple Listing Service (CRMLS)
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