Seller's Agent in 2021
Elizabeth Do
Keller Williams Realty
(714) 317-7243
38 in this area
725 Total Sales
7311 Main St Westminster, CA 92683
Estimated Value: $1,195,000 - $7,319,000
18
Beds
12
Baths
7,269
Sq Ft
$746/Sq Ft
Est. Value
Highlights
- 0.78 Acre Lot
- Lawn
- Landscaped
- Helen Stacey Intermediate School Rated A-
- Laundry Room
- 4-minute walk to Sigler Park
About This Home
As of June 2021Amazing income potential! This 9 unit property boasts an enormous lot with a large yard and lush trees. Lots of parking and driveway space. Approach the property and see 2 SFRs with a 1 car garage for each unit. A couple steps away are TWO duplexes featuring 4 units total with 1 car each. Located towards the back of the property, the 2 story structure, built in late 80s, has an additional 3 units and also include a 1 car garage for each unit. Meters for utilities include 9 gas, 10 electric, and 4 water meters. For additional income, large yard can be used to potentially build more units. Only minutes away from Sigler Park, Westminster Gateway shopping center, Westminster Mall, Little Saigon, 22 FWY, and 405 FWY. See the potential soon!
Last Agent to Sell the Property
Keller Williams Realty License #01473012 Listed on: 05/14/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $45,388
Year Built
- Built in 1962
Lot Details
- 0.78 Acre Lot
- Two or More Common Walls
- Landscaped
- Lawn
- Front Yard
Parking
- 9 Car Garage
- 9 Open Parking Spaces
- Parking Available
- Driveway
Home Design
- Apartment
Interior Spaces
- 7,269 Sq Ft Home
- 1-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 18 Bedrooms
- 12 Bathrooms
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Tax Lot 30
- Tax Tract Number 99
- Assessor Parcel Number 09612434
Community Details
Overview
- 5 Buildings
- 9 Units
- Greenbelt
Building Details
- Rent Control
- 10 Separate Electric Meters
- 9 Separate Gas Meters
- 4 Separate Water Meters
- Electric Expense $2,600
- Insurance Expense $5,024
- Trash Expense $2,964
- Water Sewer Expense $4,626
- New Taxes Expense $38,150
- Operating Expense $53,364
- Gross Income $228,600
- Net Operating Income $175,236
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 14, 2021
Closed on
Jun 7, 2021
Sold by
7311 7321 Main Street Llc
Bought by
Nri Portfolios Llc
Seller's Agent
Elizabeth Do
Keller Williams Realty
Buyer's Agent
Elizabeth Do
Keller Williams Realty
List Price
$3,500,000
Sold Price
$3,400,000
Premium/Discount to List
-$100,000
-2.86%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,546,252
Avg. Annual Appreciation
14.36%
Original Mortgage
$400,000
Outstanding Balance
$367,150
Interest Rate
2.96%
Mortgage Type
Commercial
Estimated Equity
$5,550,647
Purchase Details
Closed on
Nov 7, 2013
Sold by
Arganda Henry and Arganda Nadine
Bought by
7311-7321 Main Street Llc
Purchase Details
Closed on
Jul 2, 2013
Sold by
Arganda Henry and Arganda Nadine
Bought by
7311-7321 Main Street Llc
Purchase Details
Closed on
Mar 5, 2009
Sold by
Arganda Henry and Arganda Nadine
Bought by
Arganda Henry and Arganda Nadine
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$635,000
Interest Rate
5.03%
Mortgage Type
Unknown
Purchase Details
Closed on
Oct 17, 2003
Sold by
Arganda Henry and Arganda Nadine
Bought by
Arganda Henry and Arganda Nadine
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 22, 2001
Sold by
Arganda Henry and Arganda Nadine
Bought by
Arganda Henry and Arganda Nadine
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 19, 2001
Sold by
Arganda Henry and Arganda Nadine
Bought by
Arganda Henry and Arganda Nadine
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Nri Portfolios Llc | $3,400,000 | Lawyers Title Company | |
| 7311-7321 Main Street Llc | -- | None Available | |
| 7311-7321 Main Street Llc | -- | None Available | |
| Arganda Henry | -- | Accommodation | |
| Arganda Henry | -- | Orange Coast Title | |
| Arganda Henry | -- | Orange Coast Title | |
| Arganda Henry | -- | -- | |
| Arganda Henry | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Nri Properties Llc | $400,000 | |
| Open | Nri Portfolios Llc | $3,421,250 | |
| Previous Owner | 7311 7321 Main Street Llc | $750,000 | |
| Previous Owner | Arganda Henry | $635,000 | |
| Previous Owner | Arganda Henry | $600,000 | |
| Previous Owner | Arganda Henry | $475,000 | |
| Previous Owner | Arganda Henry | $105,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/23/2021 06/23/21 | Sold | $3,400,000 | -2.9% | $468 / Sq Ft |
| 05/29/2021 05/29/21 | Pending | -- | -- | -- |
| 05/14/2021 05/14/21 | For Sale | $3,500,000 | -- | $481 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $45,388 | $4,302,610 | $3,213,070 | $1,089,540 |
| 2024 | $45,388 | $3,608,107 | $3,150,069 | $458,038 |
| 2023 | $42,060 | $3,537,360 | $3,088,303 | $449,057 |
| 2022 | $41,430 | $527,767 | $120,465 | $407,302 |
| 2021 | $8,763 | $517,419 | $118,103 | $399,316 |
| 2020 | $8,672 | $512,114 | $116,892 | $395,222 |
| 2019 | $8,249 | $502,073 | $114,600 | $387,473 |
| 2018 | $8,231 | $492,229 | $112,353 | $379,876 |
| 2017 | $7,982 | $482,578 | $110,150 | $372,428 |
| 2016 | $7,779 | $473,116 | $107,990 | $365,126 |
| 2015 | $7,660 | $466,010 | $106,368 | $359,642 |
| 2014 | $7,508 | $456,882 | $104,284 | $352,598 |
Source: Public Records
Agents Affiliated with this Home
-
-
L
Buyer Co-Listing Agent in 2021
Long John Nguyen
Keller Williams Realty
(714) 861-5500
2 in this area
54 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC21097949
APN: 096-124-34
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