NOT LISTED FOR SALE

7881 14th St Westminster, CA 92683

10 Beds
6 Baths
4,820 Sq Ft
0.8 Acres

Last Sold May 01, 2016

Last sale price $1,462,500 $303 Per Sq Ft

19 Days on Market

Highlights

  • No Units Above
  • 0.8 Acre Lot
  • Granite Countertops
  • Helen Stacey Intermediate School Rated A-
  • Wood Flooring
  • No HOA

About This Home

As of May 2016

First time ever on Market. 1989 construction, (4) adjacent custom designed and built 4-unit buildings situated on separate parcels; 7881,7891,7901, & 7911 14th Street. Each building can support its own 30 fixed rate financing if desired. Each of the four buildings is identical and features (1) 3bed/2.5 bath 1,462 sq ft, (2) 2bed/1.5 bath 1,060 sq ft units, and (1) 3bed/2.5 bath 1,238 sq ft units all with private patio/yards. All units are townhouse style and each unit has a double enclosed attached garage with direct access into the unit interior. All units have private washer/dryer hook ups and the 2bed units have laundry rooms upstairs. All units feature forced air heating and air conditioning. Interior features - granite counters in kitchen and baths, new hardware throughout, stainless steel appliances, vinyl wood flooring; exterior improvements include new sectional garage doors with openers, new exterior paint, 7-year no-leak roof guarantee, and termite clearance.

The quality of construction and attention to detail, and ongoing maintenance by the developer/owner is unsurpassed and unavailable to duplicate. This is a must see property. Seller desires to sell all together.

Last Agent to Sell the Property

Steven Brombal

Berkadia Real Estate Advisors License #00972129 Listed on: 02/10/2016

Last Buyer's Agent

Steven Brombal

Berkadia Real Estate Advisors License #00972129 Listed on: 02/10/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1989

Lot Details

  • 0.8 Acre Lot
  • No Units Above
  • 1 Common Wall
  • Wood Fence
  • Block Wall Fence
  • Paved or Partially Paved Lot
  • Level Lot
  • Front and Back Yard Sprinklers

Parking

  • 8 Car Garage

Home Design

  • Property Attached
  • Slab Foundation
  • Frame Construction
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 4,820 Sq Ft Home
  • 2-Story Property
  • Sliding Doors
  • Living Room with Fireplace

Kitchen

  • Gas Oven
  • Gas Range
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • 220 Volts In Laundry
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Location

  • Suburban Location

Utilities

  • Central Heating and Cooling System
  • 220 Volts in Garage
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable TV
  • Tax Lot 20
  • Assessor Parcel Number 09634220

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,750
  • New Taxes Expense $16,458
  • Gross Income $7,780
  • Net Operating Income $60,450

Property Details

Home Type

Multi-Family

Year Built

Built in 1989

Lot Details

0

Parking

8

Listing Details

  • Assessments: Yes
  • CapRate: 4.00
  • Price Per Unit: 379250
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Property Type: Residential Income
  • Parcel Number: 09634220
  • Year Built: 1989
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Copper Plumbing Full, Granite Counters
  • Stories: 2
  • Entry Location: Ground Level No Steps
  • Common Walls: 1 Common Wall, No One Above
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Door Features: Sliding Doors
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 303.42

Exterior Features

  • Foundation: Slab
  • Fencing: Block, Wood
  • Pool Private: No
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Garage Spaces: 8.00
  • Total Parking Spaces: 20.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater, Water Heater
  • Electric: 220 Volts in Garage, 220 Volts in Laundry
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, In Garage, Individual Room, Washer Hookup
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks, Suburban

Lot Info

  • Lot Features: Front Yard, Level, Paved, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer
  • Lot Size Sq Ft: 35035.00
  • Price Per Lot Square Foot: 41.74
  • Lot Size Acres: 0.8040

Rental Info

  • Tenant Pays: Cable TV

Multi Family

  • Gross Income: 7780.00
  • Gross Scheduled Income: 93360.00
  • Insurance Expense: 1750.00
  • Lot Size Area: 35035.0000 Square Feet
  • Net Operating Income: 60450.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Range: 4
  • Operating Expense: 30109.00
  • Rent Control: No
  • Total Actual Rent: 7780.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 16458.00
  • Tax Lot: 20
  • Tax Tract Number: 0000

Range of Values:

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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
05/01/2016 05/01/16 Sold $1,462,500 -3.6% $303 / Sq Ft
02/29/2016 02/29/16 Pending -- -- --
02/10/2016 02/10/16 For Sale $1,517,000 -- $315 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2016

    Steven Brombal

    Berkadia Real Estate Advisors

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP16027915

California Regional Multiple Listing Service (CRMLS)

APN: 096-342-20

California Orange County Westminster 92683

7881 14th St, Westminster, CA

This home is located at 7881 14th St, Westminster, CA 92683 since 10 February 2016. This property was built in 1989. 7881 14th St is a home located in Orange County with nearby schools including Webber Elementary School, Helen Stacey Intermediate School, and Westminster High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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