Cyrus Mohseni
Responds Quickly
The Keystone Team
(657) 341-0810
179 Total Sales
3 in Westminster
$1M - $1.1M Price Range
7221 Trask Ave West Minster, CA 92683
Westminster Area
3
Beds
2
Baths
17,685
Sq Ft
15
Acre Lot
Highlights
- 15 Acre Lot
- Wood Siding
- No Heating
- Westminster High School Rated A
About This Home
As of April 2012PRIDE OF OWNERSHIP -- SINGLE STORY GATED COMPLEX LOCATED IN A RESIDENTIAL NEIGHBORHOOD. VIRTUALLY NO DEFERRED MAINTENANCE. The property sits on over an acre of land with lush landscaping and has a great unit mix of both 1 & 2 bedroom units. The property is 100% occupied (with a waiting list) and was just painted in Nov 2011. The (2) gates are operated electronically with each tenant having their own remote control to enter / exit the premises. The property has COPPER PLUMBING. Ample parking in the rear of the complex. Seller is motivated. The Cap Rate on actuals is 6.64%. This is a great, low maintenance turnkey investment giving an investor a healthy cash on cash return of about 8% (+/-$100,000/year). The property is very stable with virtually no vacancy over the last few years. BUYER ONLY NEEDS 29% DOWN PAYMENT!
Last Agent to Sell the Property
Alliance Investment RE Group License #01085411 Listed on: 12/05/2011
Last Buyer's Agent
Alliance Investment RE Group License #01085411 Listed on: 12/05/2011
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1963
Lot Details
- 15 Acre Lot
- Lot Dimensions are 116x454
Parking
- 43 Parking Spaces
Home Design
- 17,685 Sq Ft Home
- Wood Siding
- Stucco
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Utilities
- No Heating
Listing and Financial Details
- Tax Lot 15
- Tax Tract Number 1
- Assessor Parcel Number 09603129
Community Details
Overview
- 2 Buildings
- 26 Units
Building Details
- 26 Leased Units
- 26 Separate Electric Meters
- 26 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $4,200
- Gardener Expense $1,800
- Insurance Expense $4,279
- Trash Expense $3,178
- Water Sewer Expense $5,133
- New Taxes Expense $41,429
- Gross Income $28,950
- Net Operating Income $245,719
Home Values in the Area
Average Home Value in this Area
Agents Specializing in West Minster, CA
-
Cyrus Mohseni
-
Robert Esparza
Robert Esparza
Transunited Realty Group
(562) 242-3550
65 Total Sales
1 in Westminster
$765,000 Price
-
Henry Tran
Henry Tran
RE/MAX TIME REALTY
(909) 671-1671
74 Total Sales
1 in Westminster
$133,000 Price
-
Alan Cirson
Alan Cirson
The Cirson Team
(949) 569-5527
65 Total Sales
6 in Westminster
$899K - $1.2M Price Range
-
Connie Lear
Connie Lear
Rainbow Ridge Realty
(760) 965-3183
13 Total Sales
1 in Westminster
$960,000 Price
-
Genelle Rich-Easterby
Genelle Rich-Easterby
Responds QuicklyKELLER WILLIAMS BIG BEAR
(951) 800-3477
46 Total Sales
1 in Westminster
$917,000 Price
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 |
|---|---|---|---|
| -- | Fidelity National Title | ||
| Top Advanced Llc | $1,108,500 | Lawyers Title Company | |
| Ho Bill Dac | -- | Fidelity National Title Co | |
| Ho Bill Dac | $3,650,000 | Ticor Title Fullerton | |
| 7221 Trask Lp | -- | -- | |
| 7221 Trask Lp | -- | -- | |
| Wang Peter K | -- | Commonwealth Land Title Co | |
| Haidl Donald | -- | Commonwealth Land Title | |
| Cavallo Joseph G | $3,090,000 | Commonwealth Land Title Co | |
| Kendall David C | $1,950,000 | -- | |
| El Patio Apartments Llc | -- | -- | |
| Wang Peter K | -- | -- | |
| Coast Federal Bank Fsb | $1,000,000 | -- | |
| Leone John | -- | -- | |
| Leone John | -- | -- |
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 |
|---|---|---|---|
| Open | $4,200,000 | ||
| Previous Owner | Topadvanced Llc | $2,480,000 | |
| Previous Owner | Ho Bill Dac | $2,550,000 | |
| Previous Owner | Ho Bill Dac | $2,500,000 | |
| Previous Owner | Ho Bill Dac | $2,450,000 | |
| Previous Owner | Cavallo Joseph G | $2,000,000 | |
| Previous Owner | Kendall David C | $1,520,000 |
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 |
|---|---|---|---|---|
| 04/19/2012 04/19/12 | Sold | $3,635,000 | -1.7% | $206 / Sq Ft |
| 04/19/2012 04/19/12 | Pending | -- | -- | -- |
| 12/05/2011 12/05/11 | For Sale | $3,699,000 | -- | $209 / 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 |
|---|---|---|---|---|
| 2026 | $59,356 | $4,657,078 | $4,151,192 | $505,886 |
| 2025 | $59,356 | $4,565,763 | $4,069,796 | $495,967 |
| 2024 | $58,481 | $4,476,239 | $3,989,996 | $486,243 |
| 2023 | $56,497 | $4,388,470 | $3,911,761 | $476,709 |
| 2022 | $55,583 | $4,302,422 | $3,835,060 | $467,362 |
| 2021 | $54,264 | $4,218,061 | $3,759,862 | $458,199 |
| 2020 | $53,626 | $4,174,810 | $3,721,309 | $453,501 |
| 2019 | $53,065 | $4,092,951 | $3,648,342 | $444,609 |
| 2018 | $53,028 | $4,012,698 | $3,576,806 | $435,892 |
| 2017 | $51,107 | $3,934,018 | $3,506,672 | $427,346 |
| 2016 | $49,565 | $3,856,881 | $3,437,914 | $418,967 |
| 2015 | $48,725 | $3,798,948 | $3,386,274 | $412,674 |
| 2014 | $47,646 | $3,724,532 | $3,319,941 | $404,591 |
Source: Public Records
Agents Affiliated with this Home
-
Ruben Khorsandi
Seller's Agent in 2012
Ruben Khorsandi
Alliance Investment RE Group
(949) 250-0400
11 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: S681618
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Nearby Homes
- 13470 Freedom Way
- 7122 Stahov Ave
- 13701 Locust Cir
- 7603 23rd St
- 7565 23rd St
- 13572 Yosemite Dr
- 13861 Pine St
- 13291 Siskiyou St
- 7802 22nd St
- 13592 Descanso Dr
- 6692 Sutton St
- 14192 Locust St
- 13392 Beach Terrace Dr
- 13911 Pacific Ave
- 7700 Lampson Ave Unit 52
- 7700 Lampson Ave Unit 15
- 14272 Hoover St Unit 10
- 7781 15th St
- 7735 Briarglen Loop Unit D
- 7852 16th St
- 13471 Chestnut St
- 13451 Chestnut St
- 13431 Chestnut St
- 13420 Chestnut St
- 13472 Chestnut St
- 13452 Chestnut St
- 13501 Chestnut St
- 13421 Chestnut St
- 13432 Chestnut St
- 13502 Chestnut St
- 13521 Chestnut St
- 13471 Illinois St
- 13422 Chestnut St
- 13451 Illinois St
- 13522 Chestnut St
- 13411 Chestnut St
- 13431 Illinois St
- 13531 Chestnut St Unit Back
- 13501 Illinois St
- 13531 Chestnut St
Your Personal Tour Guide
Ask me questions while you tour the home.