NOT LISTED FOR SALE

7282 21st St Westminster, CA 92683

17 Beds
9 Baths
7,936 Sq Ft
0.69 Acre Lot

Sale Details

Date 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

  • 30,102 Sq Ft 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 in unit
  • 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

0.69 Acres

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
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
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

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
2025 $29,425 $2,282,596 $1,740,879 $541,717
2024 $29,425 $2,237,840 $1,706,744 $531,096
2023 $28,436 $2,193,961 $1,673,278 $520,683
2022 $27,975 $2,150,943 $1,640,469 $510,474
2021 $27,239 $2,108,768 $1,608,303 $500,465
2020 $26,926 $2,087,146 $1,591,812 $495,334
2019 $26,645 $2,046,222 $1,560,600 $485,622
2018 $26,642 $2,006,100 $1,530,000 $476,100
2017 $25,699 $1,966,765 $1,500,000 $466,765
2016 $11,600 $701,669 $315,457 $386,212
2015 $11,436 $691,130 $310,719 $380,411
2014 $11,227 $677,592 $304,632 $372,960
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16172239

California Regional Multiple Listing Service (CRMLS)
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