NOT LISTED FOR SALE

14312 Locust St Westminster, CA 92683

2 Beds
1 Bath
3,156 Sq Ft
10,019 Sq Ft Lot

Last Sold November 25, 2014

Last sale price $785,000 $249 Per Sq Ft

52 Days on Market

Highlights

  • No HOA
  • Helen Stacey Intermediate School Rated A-
  • Wall Furnace

About This Home

As of November 2014

INVESTORS DREAM!!!! RARE OPPORTUNITY !!!! In the heart of Little Saigon, 4 flex with long term tenants, no vacancy, near Freeway, supermarket, Church, Buddhist Temple and Schools.
Offers 2 bedrooms, one bathroom each unit with assign parking space. Low maintenance. Check this one out WILL NOT LAST.!!!!

Last Agent to Sell the Property

Natalie Le

HPT Realty License #01491552 Listed on: 09/05/2014

HPT Realty

Last Buyer's Agent

Natalie Le

HPT Realty License #01491552 Listed on: 09/05/2014

HPT Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 10,019 Sq Ft Lot
  • 1 Common Wall

Home Design

  • 3,156 Sq Ft Home
  • Property Attached
  • Slab Foundation

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Parking

  • 6 Parking Spaces
  • Parking Available
  • Assigned Parking

Outdoor Features

  • Exterior Lighting

Utilities

  • Wall Furnace
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, HVAC maintenance, water
  • Tax Lot 7
  • Tax Tract Number 5153
  • Assessor Parcel Number 09616207

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Insurance Expense $1,800
  • Trash Expense $600
  • New Taxes Expense $8,800
  • Gross Income $4,500
  • Net Operating Income $4,500

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Property Type: Residential Income
  • Parcel Number: 09616207
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 248.73

Exterior Features

  • Foundation: Slab
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 6.00

Utilities

  • Heating: Yes
  • Heating Type: Wall Furnace
  • Sewer: Sewer Paid
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 10019.00
  • Lot Size Acres: 0.2300

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, HVAC Maintenance, Water

Multi Family

  • Gross Income: 4500.00
  • Gross Scheduled Income: 5000.00
  • Insurance Expense: 1800.00
  • Lot Size Area: 10019.0000 Square Feet
  • Net Operating Income: 4500.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Carpet: 4
  • Number With Disposal: 4
  • Number With Range: 4
  • Operating Expense: 500.00
  • Rent Control: No
  • Total Actual Rent: 5000.00

Tax Info

  • New Taxes Expense: 8800.00
  • Tax Lot: 7
  • Tax Tract Number: 5153
  • Tax Year: 2013

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Sold Price
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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
11/25/2014 11/25/14 Sold $785,000 -6.4% $249 / Sq Ft
10/27/2014 10/27/14 Pending -- -- --
09/05/2014 09/05/14 For Sale $839,000 -- $266 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $11,702 $937,439 $823,271 $114,168
2024 $11,702 $919,058 $807,128 $111,930
2023 $11,306 $901,038 $791,302 $109,736
2022 $11,128 $883,371 $775,786 $107,585
2021 $10,858 $866,050 $760,574 $105,476
2020 $10,731 $857,170 $752,775 $104,395
2019 $10,616 $840,363 $738,014 $102,349
2018 $10,612 $823,886 $723,543 $100,343
2017 $10,221 $807,732 $709,356 $98,376
2016 $9,908 $791,895 $695,447 $96,448
2015 $10,826 $880,000 $787,296 $92,704
2014 $7,006 $531,664 $421,078 $110,586
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC14194011

California Regional Multiple Listing Service (CRMLS)

APN: 096-162-07