NOT LISTED FOR SALE

14251 Olive St Westminster, CA 92683

8 Beds
6 Baths
4,056 Sq Ft
7,841 Sq Ft

Last Sold July 07, 2021

Last sale price $1,365,000 $337 Per Sq Ft

36 Days on Market

Highlights

  • Property is near park
  • No HOA
  • Fireplace
  • Helen Stacey Intermediate School Rated A-
  • 2 Car Direct Access Garage
  • 4-minute walk to Sigler Park

About This Home

As of July 2021

OPPORTUNITY KNOCKS!!! DO NOT MISS THE OPPORTUNITY TO OWN A FANTASTIC DUPLEX LOCATED IN THE HEART OF WESTMINSTER CITY!
THE PROPERTY FEATURES 4 BEDS / 3.5 BATHS FOR EACH UNIT. UNIT 14251 - 3 BEDROOMS DOWNSTAIR AND MASTER BED ON THE SECOND FLOOR WITH APPROXIMATELY 1,970 LIVING SQFT WITH GOOD SIZE FRONT AND PRIVATE SIDE BACKYARD, 2 CAR GARAGE ATTACHED. UNIT 14253 - ALL BEDROOMS ON SECOND FLOOR WITH APPROXIMATELY 2.070 LIVING SQFT / OWN BACKYARD FOR OUTDOOR ENTERTAINMENT.

EACH HOME HAS IT OWN SEPARATE GAS, WATER AND ELECTRIC METERS - TENANTS ARE RESPONSIBLE FOR THEIR OWN UTILITY BILL. EACH UNIT HAS ADDITIONAL ASSIGNED PARKING SPOTS FOR FRIENDS AND FAMILY.

WALKING DISTANCE TO WESTMINSTER CHURCH / DIEU NGU TEMPLE / ELEMENTARY AND MIDDLE SCHOOL / WESTMINSTER HIGH. CLOSE TO FREEWAY 405, 22, SUPERMARKET, BELLA TERRA ...ETC. IT'S A RARE OPPORTUNITY WITH REMARKABLE POTENTIAL!

MUST SEE TO APPRECIATE!!!

Last Agent to Sell the Property

Katrina Pham

L.S. Gateway Realtors License #01700367 Listed on: 03/18/2021

Last Buyer's Agent

Katrina Pham

L.S. Gateway Realtors License #01700367 Listed on: 03/18/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2005

Lot Details

  • 7,841 Sq Ft Lot
  • 1 Common Wall
  • Value in Land

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Driveway

Home Design

  • Duplex
  • Concrete Roof

Interior Spaces

  • 4,056 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Concrete Flooring

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Additional Features

  • Exterior Lighting
  • Property is near park
  • Central Heating

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 40
  • Tax Tract Number 846
  • Assessor Parcel Number 09615130

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,200
  • Operating Expense $3,000
  • Gross Income $73,200
  • Net Operating Income $71,400

Property Details

Home Type

Multi-Family

Year Built

Built in 2005

Lot Details

7,841 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: Yes
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 09615130
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Concrete
  • Levels: One
  • Price Per Square Foot: 336.54

Exterior Features

  • Pool Private: No
  • Roof: Concrete

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Electric: Electricity - On Property
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Park Nearby, Value In Land, Walkstreet
  • Lot Size Sq Ft: 7841.00
  • Lot Size Acres: 0.1800

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 73200.00
  • Gross Scheduled Income: 73200.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 7841.0000 Square Feet
  • Net Operating Income: 71400.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 1800.00
  • Rent Control: No
  • Total Expenses: 3000.00

Tax Info

  • Tax Census Tract: 996.01
  • Tax Lot: 40
  • Tax Tract Number: 846
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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 List to Sale Price per Sq Ft
07/07/2021 07/07/21 Sold $1,365,000 -2.4% $337 / Sq Ft
04/23/2021 04/23/21 Pending -- -- --
03/18/2021 03/18/21 For Sale $1,398,999 -- $345 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

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 $17,302 $1,453,376 $921,005 $532,371
2024 $17,302 $1,424,879 $902,946 $521,933
2023 $16,973 $1,420,146 $899,946 $520,200
2022 $16,718 $1,392,300 $882,300 $510,000
2021 $13,721 $1,154,235 $799,370 $354,865
2020 $13,560 $1,142,400 $791,173 $351,227
2019 $13,407 $1,120,000 $775,659 $344,341
2018 $9,220 $726,470 $302,715 $423,755
2017 $8,880 $712,226 $296,779 $415,447
2016 $8,609 $698,261 $290,960 $407,301
2015 $8,466 $687,773 $286,590 $401,183
2014 $8,283 $674,301 $280,976 $393,325
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21050438

California Regional Multiple Listing Service (CRMLS)

APN: 096-151-30

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