Arthur Cervantes
Arthur Cervantes Properties Inc
(657) 239-4578
109 Total Sales
2 in Westminster
$105,000 Price Range
Estimated Value: $756,000 - $6,265,000
$1,000,000 PRICE REDUCTION. A rare opportunity to acquire a medium sized, “permit ready” entitled multi-residential development opportunity. The proposed 24 unit apartment complex will have a unit mix of (7) 2 bedroom/2 bath units, (7) 2 bedroom/2.5 bath units, (6) 3 bedroom/2.5 bath units, and (4) 3 bedroom/3.5 bath units. All units will be townhouse style with attached garages and direct access from the garage into the units. The property is located within minutes of the 405 and 22 Freeways and is within walking distance to both Finely Elementary and Johnson Middle Schools. The development has been approved by the city council of Westminster and includes four affordable units under the California Density Bonus program.
The existing property is comprised of 3 adjacent parcels totaling 44,643 sq.ft. Currently, there is one 3 bedroom home, a 2 bedroom home, a 1 bedroom unit and a studio unit. Monthly income is $7,060 and all tenants are month to month.
Last Agent to Sell the Property
Morgan Skenderian License #01197893 Listed on: 05/05/2021
Arthur Cervantes
Arthur Cervantes Properties Inc
(657) 239-4578
109 Total Sales
2 in Westminster
$105,000 Price Range
Sara Griffin
THE ASSOCIATES REALTY GROUP
(657) 297-5411
69 Total Sales
1 in Westminster
$905,000 Price
Cyrus Mohseni
The Keystone Team
(657) 341-0810
182 Total Sales
4 in Westminster
$1M - $1.1M Price Range
Robert Esparza
Transunited Realty Group
(562) 242-3550
66 Total Sales
1 in Westminster
$765,000 Price
Alan Cirson
The Cirson Team
(949) 569-5527
65 Total Sales
9 in Westminster
$899K - $1.2M Price Range
Connie Lear
Rainbow Ridge Realty
(760) 965-3183
14 Total Sales
1 in Westminster
$960,000 Price
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 |
|---|---|---|---|---|
| 12/17/2021 12/17/21 | Sold | $4,850,000 | 0.0% | $154 / Sq Ft |
| 10/18/2021 10/18/21 | Pending | -- | -- | -- |
| 06/07/2021 06/07/21 | Price Changed | $4,850,000 | -17.1% | $154 / Sq Ft |
| 05/05/2021 05/05/21 | For Sale | $5,850,000 | -- | $186 / Sq Ft |
Seller's Agent in 2021
Grant Hahn
Morgan Skenderian
(949) 251-8800
13 Total Sales
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW21095883
APN: 203-311-13
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