NOT LISTED FOR SALE

7892 16th St Westminster, CA 92683

4 Beds
3 Baths
1,900 Sq Ft
0.26 Acres

Last Sold November 05, 2024

Last sale price $1,200,000 $632 Per Sq Ft

2 Days on Market

Highlights

  • Second Garage
  • Open Floorplan
  • Neighborhood Views
  • Helen Stacey Intermediate School Rated A-
  • No HOA
  • Cottage

About This Home

As of November 2024

Great Location in Westminster just off Beach Blvd. Huge Lot ideal for potential development of property. Older house in front and duplex in the rear. 3 enclosed garage spaces.

Last Agent to Sell the Property

William Keye

Main Street Realtors Brokerage Phone: 562-201-1334 License #00690070 Listed on: 08/26/2024

Co-Listed By

Melissa Keye

Main Street Realtors Brokerage Phone: 562-201-1334 License #01280500

Last Buyer's Agent

William Keye

Main Street Realtors Brokerage Phone: 562-201-1334 License #00690070 Listed on: 08/26/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 0.26 Acre Lot
  • 1 Common Wall
  • Landscaped

Parking

  • 3 Car Garage
  • Second Garage
  • Parking Available
  • Combination Of Materials Used In The Driveway

Home Design

  • Triplex
  • Cottage
  • Entry on the 1st floor
  • Cosmetic Repairs Needed
  • Raised Foundation
  • Slab Foundation
  • Fire Rated Drywall
  • Shingle Roof

Interior Spaces

  • 1,900 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wood Frame Window
  • Carpet
  • Neighborhood Views
  • Gas Range
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Rain Gutters

Utilities

  • Floor Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 3 / D
  • Tax Tract Number 845
  • Assessor Parcel Number 09633403

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,500
  • Trash Expense $600
  • Water Sewer Expense $1,200
  • New Taxes Expense $14,500
  • Operating Expense $17,800
  • Net Operating Income $10,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Surface Type: Paved
  • View: Yes
  • Water Sewer Expenses: 1200.00
  • Architectural Style: Cottage
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 09633403
  • Year Built: 1955
  • AgentOnly_SellerConsiderConcessionYN: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Open Floorplan
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 631.58
  • Room Type: All Bedrooms Down
  • Window Features: Wood Frames

Exterior Features

  • Foundation: Raised, Slab
  • Other Structures: Second Garage
  • View: Neighborhood
  • Pool Private: No
  • Roof: Shingle
  • Construction Materials: Drywall Walls

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Covered, Driveway - Combination
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Electric: Standard
  • Heating Type: Floor Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Gutters

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 11326.00
  • Lot Size Acres: 0.2600

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 550 Square Feet
  • Average2 Bed Area: 1000 Square Feet
  • Gross Scheduled Income: 28200.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 11326.0000 Square Feet
  • Net Operating Income: 10400.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Carpet: 3
  • Number With Dishwasher: 3
  • Number With Disposal: 3
  • Number With Drapes: 3
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Operating Expense: 17800.00
  • Rent Control: No
  • Total Actual Rent: 2250.00
  • Total Expenses: 17800.00

Tax Info

  • New Taxes Expense: 14500.00
  • Tax Block: D
  • Tax Census Tract: 998.02
  • Tax Lot: 3
  • Tax Tract Number: 845

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
11/05/2024 11/05/24 Sold $1,200,000 0.0% $632 / Sq Ft
08/26/2024 08/26/24 For Sale $1,200,000 -- $632 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $4,614 $1,200,000 $1,123,133 $76,867
2024 $4,614 $283,756 $205,317 $78,439
2023 $4,462 $278,193 $201,292 $76,901
2022 $4,379 $272,739 $197,345 $75,394
2021 $4,235 $267,392 $193,476 $73,916
2020 $4,194 $264,651 $191,492 $73,159
2019 $4,158 $259,462 $187,737 $71,725
2018 $4,155 $254,375 $184,056 $70,319
2017 $4,032 $249,388 $180,447 $68,941
2016 $3,933 $244,499 $176,909 $67,590
2015 $3,879 $240,827 $174,252 $66,575
2014 $3,808 $236,110 $170,839 $65,271
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24175985

California Regional Multiple Listing Service (CRMLS)

APN: 096-334-03