NOT LISTED FOR SALE
10 Beds
6 Baths
4,836 Sq Ft
0.28 Acre Lot

Sale Details

Date Sold: December 15, 2021

Last sale price $2,050,000 $424 Per Sq Ft

14 Days on Market

Highlights

  • Custom Home
  • Property is near public transit
  • Walk-In Closet
  • Helen Stacey Intermediate School Rated A-
  • Coffered Ceiling
  • Tile Flooring

About This Home

As of December 2021

First time on the market in 30 years. Prime Westminster location in the rapidly gentrifying “numbered streets”, just one block west of Beach Boulevard. This area boasts newly built single-family homes, condominiums, and smaller apartment buildings in addition to the original single-story ranch-style homes, duplexes, and triplexes on large lots. There is new construction underway just a few parcels over from the subject property which is flanked on both sides by newer construction. Multifamily buildings rarely come available in this area. This property features a completely detached front residence which is two-bedroom, 1.5 bathroom with a large front yard, enclosed fenced side yard, individual washer and dryer hook-ups, and a fireplace. It is a cozy front house with coffered ceilings, and tiled kitchen and bathroom flooring. It has a dedicated open parking space at the front of the home plus a garage space. The rear building consists of four (4) units, with all two-bedroom, one-bathroom floorplans. Unit A is downstairs and completely separate with a private entrance, large wrap-around yard, spacious light and bright interior, granite kitchen counters, two-tone paint, and upgraded bathroom. The master bedroom features a large walk-in closet. Unit A has a garage space and assigned open parking as well. The upstairs units B, C, and D share a large, open, common balcony. Each unit is separately metered for gas and electric; ownership pays for water and trash. There is a downstairs community laundry shared by the four (4) units in the back building. There are five (5) enclosed garages, and at least nine (9) open off-street parking spaces.

Call Listing Broker for 7-page Marketing Brochure.

This is a Value-Add opportunity. Seller wants closed by 12/31/21!!

Last Agent to Sell the Property

Steven Brombal

Kidder Mathews of California, Inc License #00972129 Listed on: 10/11/2021

Co-Listed By

Joshua Rhee

Kidder Mathews of California, Inc License #01914094

Last Buyer's Agent

Steven Brombal

Kidder Mathews of California, Inc License #00972129 Listed on: 10/11/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1977

Lot Details

  • 12,197 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Block Wall Fence
  • Rectangular Lot
  • Level Lot
  • Front Yard

Parking

  • 5 Car Garage
  • 9 Open Parking Spaces
  • Parking Available
  • Side Facing Garage
  • Single Garage Door
  • Driveway
  • Assigned Parking

Home Design

  • Custom Home
  • Traditional Architecture
  • Bungalow
  • Property Attached
  • Cosmetic Repairs Needed
  • Mansard Roof Shape
  • Slab Foundation
  • Frame Construction
  • Shake Roof
  • Composition Roof
  • Common Roof
  • Plaster
  • Stucco

Interior Spaces

  • 4,836 Sq Ft Home
  • 1-Story Property
  • Coffered Ceiling
  • Living Room with Fireplace
  • Laundry in Kitchen

Kitchen

  • Gas Oven
  • Gas Range
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 10 Bedrooms
  • Walk-In Closet
  • 6 Bathrooms

Location

  • Property is near public transit
  • Suburban Location

Utilities

  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 4 / E
  • Tax Tract Number 859
  • Assessor Parcel Number 09634117
  • $1,567 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 5 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • New Taxes Expense $23,580
  • Operating Expense $42,167
  • Gross Income $10,515
  • Net Operating Income $79,866

Property Details

Home Type

Multi-Family

Year Built

Built in 1977

Lot Details

0.28 Acres

Parking

5

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Zoning: R4
  • Architectural Style: Bungalow, Custom Built, Traditional
  • Property Condition: Repairs Cosmetic
  • Property Type: Residential Income
  • Parcel Number: 09634117
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Coffered Ceiling(s)
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 423.90
  • Room Type: Walk-In Closet

Exterior Features

  • Foundation: Slab
  • Fence: Yes
  • Fencing: Block, Wood
  • Pool Private: No
  • Roof: Common Roof, Composition, Mansard, Shake
  • Spa: No
  • Construction Materials: Frame, Plaster, Stucco

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Assigned, Driveway, Concrete, Garage Faces Side, Garage - Single Door, On Site
  • Total Parking Spaces: 14.00
  • Uncovered Spaces: 9.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Oven, Gas Range
  • Heating Type: Wall Furnace
  • Laundry Features: Community, In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Storm Drains, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lot 10000-19999 Sqft, Rectangular Lot, Level, Near Public Transit
  • Lot Size Sq Ft: 12197.00
  • Lot Size Acres: 0.2800

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 10515.00
  • Gross Operating Income: 122033.00
  • Gross Scheduled Income: 126180.00
  • Laundry Income: 900.00
  • Lot Size Area: 12197.0000 Square Feet
  • Net Operating Income: 79866.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Number With Carpet: 5
  • Number With Disposal: 5
  • Number With Range: 5
  • Operating Expense: 42167.00
  • Rent Control: Yes
  • Total Actual Rent: 10515.00
  • Total Expenses: 42167.00
  • Vacancy Allowance Rate: 4.00

Tax Info

  • New Taxes Expense: 23580.00
  • Tax Block: E
  • Tax Census Tract: 998.02
  • Tax Lot: 4
  • Tax Tract Number: 859
  • TaxOtherAnnualAssessmentAmount: 1567.00

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2021
Closed on
Oct 28, 2021
Sold by
Bought by
Seller's Agent
Steven Brombal
Kidder Mathews of California, Inc
Buyer's Agent
Steven Brombal
Kidder Mathews of California, Inc
List Price
$2,150,000
Sold Price
$2,050,000
Premium/Discount to List
-$100,000
-4.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,210,000
Interest Rate
0.0309%
Mortgage Type
Construction
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$2,050,000 First Amer Ttl Co Res Div
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
Previous Owner $1,210,000
Previous Owner $320,000
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
12/15/2021 12/15/21 Sold $2,050,000 -4.7% $424 / Sq Ft
10/25/2021 10/25/21 Pending -- -- --
10/11/2021 10/11/21 For Sale $2,150,000 -- $445 / 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 $25,452 $2,175,476 $1,485,691 $689,785
2024 $25,452 $2,132,820 $1,456,560 $676,260
2023 $24,589 $2,091,000 $1,428,000 $663,000
2022 $24,225 $2,050,000 $1,400,000 $650,000
2021 $10,356 $798,512 $459,528 $338,984
2020 $10,235 $790,325 $454,816 $335,509
2019 $10,129 $774,829 $445,898 $328,931
2018 $10,122 $759,637 $437,155 $322,482
2017 $9,758 $744,743 $428,584 $316,159
2016 $9,466 $730,141 $420,181 $309,960
2015 $9,306 $719,174 $413,869 $305,305
2014 $9,102 $705,087 $405,762 $299,325
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21225449

California Regional Multiple Listing Service (CRMLS)
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