NOT LISTED FOR SALE

7282 21st St Westminster, CA 92683

17 Beds
9 Baths
7,936 Sq Ft
0.69 Acres

Last Sold September 23, 2016

Last sale price $1,966,765 $248 Per Sq Ft

6 Days on Market

Highlights

  • 30,102 Sq Ft lot
  • Wood Flooring
  • No HOA
  • Westminster High School Rated A
  • Private Yard
  • Living Room

About This Home

As of September 2016

This is a very unique piece of property. Long term owners for over 20 years. This property consists of a total of 8 units. At 7282 21st St. there is a spacious 3 bedroom 2 bath home, with patio in between 2 car garage. 7 units located at 7277-7289 20th St. each consisting of 2 bedrooms 1 bath, dining area off kitchen with there own laundry hook-ups inside, security screen doors, small enclosed back yard and a single car garage for all 7 units + one extra single car garage rented out separately. These 8 units are all on one large parcel lot 100x300. All units have there own electric & gas meters, owner only pays water on the 7 units, the house pays all utilities. Property is centrally located, walking distance to grocery, post office, large retail & churches. Minutes away from Westminster Mall, Goldenwest College & the 22 and 405 freeways.

Last Agent to Sell the Property

Tammie Holley

Gibson Realty License #00894204 Listed on: 08/04/2016

Last Buyer's Agent

Rick Applebaum

Morgan Skenderian License #01273871

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 0.69 Acre Lot
  • Lot Dimensions are 100x300
  • 1 Common Wall
  • Wood Fence
  • Block Wall Fence
  • Front Yard Sprinklers
  • Private Yard
  • Density is 6-10 Units/Acre

Parking

  • 9 Car Garage
  • Parking Available
  • Two Garage Doors
  • Guest Parking

Home Design

  • Property Attached
  • Composition Roof

Interior Spaces

  • 7,936 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room

Kitchen

  • Gas Cooktop
  • Dishwasher
  • Formica Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 17 Bedrooms
  • 9 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Additional Features

  • Exterior Lighting
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 09606303

Community Details

Overview

  • No Home Owners Association
  • 7 Buildings
  • 8 Units
  • Greenbelt

Building Details

  • 8 Leased Units
  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 4 Separate Water Meters
  • Gardener Expense $780
  • Insurance Expense $4,575
  • Maintenance Expense $5,070
  • Other Expense $560
  • Professional Management Expense $2,880
  • Water Sewer Expense $2,946
  • New Taxes Expense $21,450
  • Gross Income $60
  • Net Operating Income $92,656

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Parking

9

Listing Details

  • Professional Management Expense: 2880.00
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Water Sewer Expenses: 2946.00
  • Property Type: Residential Income
  • Gardener Expense: 780.00
  • Parcel Number: 09606303
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Formica Counters
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 247.83
  • Room Type: Living Room

Exterior Features

  • Fencing: Block, Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 9.00
  • Parking: Yes
  • Parking Features: Guest, Garage - Single Door, Garage - Two Door
  • Total Parking Spaces: 12.00

Utilities

  • Utilities: Sewer Available
  • Sprinklers: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Cooktop, Gas Water Heater
  • Laundry Features: Gas Dryer Hookup, Inside, Washer Hookup
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre, Greenbelt, Lot 20000-39999 Sqft, Sprinklers In Front, Yard
  • Lot Size: 100x300
  • Lot Size Sq Ft: 30102.00
  • Price Per Lot Square Foot: 64.78

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 60.00
  • Gross Scheduled Income: 135100.00
  • Insurance Expense: 4575.00
  • Maintenance Expense: 5070.00
  • Net Operating Income: 92656.00
  • Number Of Rented Garages: 1
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 4
  • Number Of Units Leased: 8
  • Number Of Units Total: 8
  • Operating Expense: 38410.00
  • Other Expense: 560.00
  • Other Expense Description: Accting.
  • Rent Control: No
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 21450.00

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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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
09/23/2016 09/23/16 Sold $1,966,765 +0.9% $248 / Sq Ft
08/10/2016 08/10/16 Pending -- -- --
08/04/2016 08/04/16 For Sale $1,950,000 -- $246 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2016

    Tammie Holley

    Gibson Realty

    (714) 827-2150

    20 Total Sales

    Tammie Holley
    Section Image
  • Rick Applebaum

    Buyer's Agent in 2016

    Rick Applebaum

    Morgan Skenderian

    (949) 251-8800

    67 Total Sales

    Rick Applebaum
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16172239

California Regional Multiple Listing Service (CRMLS)
California Orange County Westminster 92683

7282 21st St, Westminster, CA

Not Listed for Sale

MultiFamily

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