Seller's Agent in 2018
Maria Casas
First Team Real Estate
(714) 402-6047
4 in this area
24 Total Sales
8082 18th St Westminster, CA 92683
Estimated Value: $903,000 - $1,406,000
10
Beds
6
Baths
11,326
Sq Ft
$99/Sq Ft
Est. Value
Highlights
- Property is near a park
- No HOA
- 1-Story Property
- Warner Middle Rated A-
- Laundry Room
- 5-minute walk to Liberty Park
About This Home
As of July 2018GREAT OPPORTUNITY TO OWN THIS 4-UNIT COMPLEX IN PRIME LOCATION OF WESTMINSTER. This well-maintained property is in high demand area of Orange County. The owner lives in one of the houses. The other units have long term tenants. Current rents are below market with huge upside potential. Unit#1: 3 Beds/2 Baths (2-Car Garage) - Unit #2 3 Beds/2 Baths Unit #3: 2 Beds/1 Bath (with attached 1 car garage converted into a 3rd bedroom & bath) Unit #4 2 Beds/1 Bath. Each unit has inside laundry hookups. Well Maintained 4 Units in an excellent rental area not to mention excellent development opportunity, close to schools, parks, shopping center, 22 FWY and I-405 FWY. Only a few miles from Westminster Mall, Bella Terra and Huntington Beach pier. **Parcel -numbers 097-064-58 and 097-064-12 included in this purchase**
Last Agent to Sell the Property
First Team Real Estate License #01901773 Listed on: 06/23/2018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,882
Year Built
- Built in 1949
Lot Details
- 0.26 Acre Lot
- No Common Walls
- Density is 2-5 Units/Acre
- 09706412
Parking
- 4 Open Parking Spaces
- 3 Car Garage
Interior Spaces
- 11,326 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 10 Bedrooms
- 6 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Location
- Property is near a park
Listing and Financial Details
- Tax Tract Number 3340
- Assessor Parcel Number 09706458
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 4 Units
Building Details
- 2 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 4 Separate Water Meters
- Insurance Expense $2,200
- Water Sewer Expense $1,200
- New Taxes Expense $4,800
- Operating Expense $8,200
- Gross Income $39,600
- Net Operating Income $31,400
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 23, 2018
Closed on
Jun 28, 2018
Sold by
Camino Luisa
Bought by
Little Saigon Llc
Seller's Agent
Maria Casas
First Team Real Estate
Buyer's Agent
Maria Casas
First Team Real Estate
List Price
$1,500,000
Sold Price
$1,550,000
Premium/Discount to List
$50,000
3.33%
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
-$430,073
Avg. Annual Appreciation
-4.35%
Purchase Details
Closed on
May 24, 2000
Sold by
Luisa Camino
Bought by
Camino Luisa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
10.09%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 18, 1997
Sold by
Camino Ana
Bought by
Camino Louisa
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 |
|---|---|---|---|
| Little Saigon Llc | $1,550,000 | Lawyers Title Co | |
| Camino Luisa | -- | Fidelity National Title Co | |
| Camino Louisa | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Camino Luisa | $315,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/06/2018 07/06/18 | Sold | $1,550,000 | +3.3% | $137 / Sq Ft |
| 06/27/2018 06/27/18 | Pending | -- | -- | -- |
| 06/23/2018 06/23/18 | For Sale | $1,500,000 | -- | $132 / 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 | $12,882 | $1,020,697 | $826,870 | $193,827 |
| 2024 | $12,882 | $1,000,684 | $810,657 | $190,027 |
| 2023 | $12,450 | $981,063 | $794,762 | $186,301 |
| 2022 | $12,253 | $961,827 | $779,178 | $182,649 |
| 2021 | $11,390 | $942,968 | $763,900 | $179,068 |
| 2020 | $11,258 | $933,300 | $756,068 | $177,232 |
| 2019 | $11,133 | $915,000 | $741,243 | $173,757 |
| 2018 | $3,144 | $195,615 | $42,913 | $152,702 |
| 2017 | $3,578 | $191,780 | $42,072 | $149,708 |
| 2016 | $3,502 | $188,020 | $41,247 | $146,773 |
| 2015 | $3,458 | $185,196 | $40,627 | $144,569 |
| 2014 | $3,417 | $181,569 | $39,831 | $141,738 |
Source: Public Records
Agents Affiliated with this Home
-
Maria Casas
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC18147973
APN: 097-064-58
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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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