NOT LISTED FOR SALE

7781 15th St Westminster, CA 92683

8 Beds
7 Baths
3,836 Sq Ft
0.26 Acres

Last Sold July 28, 2017

Last sale price $1,600,000 $417 Per Sq Ft

21 Days on Market

Highlights

  • Wood Flooring
  • Lawn
  • Laundry Room
  • Helen Stacey Intermediate School Rated A-
  • Views
  • Landscaped

About This Home

As of July 2017

7781 15th St. is a charming and very unique custom 4 unit property which has never been on the market - an original ownership spanning almost 90 years. The front detached 2bed/1bath residence was custom designed and built in 1928, the rear building constructed in 1987 features (3)
2 bedroom 2 bathroom units. All units have detached garages and washer/dryer hookups. The rear 2bed/2ba units have forced air heating and central A/C. The front residence is immaculate and has original hardware on the interior doors and the original solid core front door, coved ceilings with molding, separate dining room, dishwasher, huge front and side yards, and parking pad. There is wall to wall carpeting covering hardwood floors. The rear units are each 2bed/2ba. Unit B, entered downstairs, has three sets of sliding doors opening to a front and side yard patio and yard which wraps around the entire building. Units C & D are upstairs and because of the buildings location set back on the parcel, the upstairs patio - living room and dining rooms have views out over the property. There are four garages and plenty of off-street parking spaces. The property has a massive concrete driveway. The current rents are significantly under market and there is immediate attainable rental lift; all units are separately metered and have individual hot water heaters. The owner pays a small electric bill for outside lights, water/sewer and trash. Market income figures shown. Rents very low. Call Listing Bkr.

Last Agent to Sell the Property

Steven Brombal

Berkadia Real Estate Advisors License #00972129 Listed on: 06/23/2017

Last Buyer's Agent

Helene Pham

RJP & Associates License #01400306

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1987

Lot Details

  • 0.26 Acre Lot
  • 1 Common Wall
  • Block Wall Fence
  • Landscaped
  • Level Lot
  • Lawn
  • Front Yard

Parking

  • 6 Open Parking Spaces
  • 4 Car Garage
  • Parking Available
  • Unassigned Parking

Home Design

  • Property Attached
  • Flat Roof Shape
  • Raised Foundation
  • Slab Foundation
  • Frame Construction
  • Spanish Tile Roof
  • Tar and Gravel Roof
  • Stucco

Interior Spaces

  • 3,836 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Property Views

Kitchen

  • Gas Cooktop
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 7 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer Hookup

Location

  • Urban Location

Utilities

  • Central Heating and Cooling System
  • Wall Furnace
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 13
  • Assessor Parcel Number 09633313

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 5 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • New Taxes Expense $16,850
  • Operating Expense $30,868
  • Gross Income $89,340
  • Net Operating Income $55,792

Property Details

Home Type

Multi-Family

Year Built

Built in 1987

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • View: Yes
  • Property Type: Residential Income
  • Parcel Number: 09633313
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Vinyl, Wood
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 417.10

Exterior Features

  • Foundation: Raised, Slab
  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Roof: Flat, Spanish Tile, Tar/Gravel
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 10.00
  • Uncovered Spaces: 6.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Gas Cooktop, Gas Water Heater
  • Heating Type: Central, Wall Furnace
  • Laundry Features: In Garage, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Landscaped, Lawn, Level with Street, Lot 10000-19999 Sqft, Level
  • Lot Size Sq Ft: 11326.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 89340.00
  • Gross Scheduled Income: 89340.00
  • Net Operating Income: 55792.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 30868.00
  • Rent Control: No
  • Total Actual Rent: 4800.00
  • Total Expenses: 30868.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 16850.00
  • Tax Census Tract: 998.02
  • Tax Lot: 13
  • Tax Tract Number: 0000

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2017 07/28/17 Sold $1,600,000 +3.3% $417 / Sq Ft
07/14/2017 07/14/17 Pending -- -- --
06/23/2017 06/23/17 For Sale $1,549,000 -- $404 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP17144759

California Regional Multiple Listing Service (CRMLS)

APN: 096-333-13