NOT LISTED FOR SALE

8121 18th St Westminster, CA 92683

Estimated Value: $1,134,000 - $1,470,000

3 Beds
3 Baths
1,695 Sq Ft
$764/Sq Ft Est. Value

Last Sold February 07, 2024

Last sale price $1,230,000 $726 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $7,676/month

82 Days on Market

Highlights

  • Attic
  • Bonus Room
  • No HOA
  • Warner Middle Rated A-
  • Quartz Countertops
  • 3-minute walk to Liberty Park

About This Home

As of February 2024

RARE OPPORTUNITY in Westminster to own 2 move-in ready homes on one lot in a great corner location! Perfect for investors looking to maximize profits or for convenient multi-generational living! Possible to add an ADU (see preliminary sketch. Buyer to verify with city) making it 3 structures on the lot. The two residences are complete with separate addresses (8121 & 8131 18th St), separate electric/gas meters and water heaters, and a shared water meter. No expenses spared, both units have been fully remodeled and upgraded with all new plumbing and electrical, new HVAC, remodeled kitchen and bathrooms, new flooring and professional landscaping!

First unit contains a 2 bed, 2 bath layout with 1070 sqft living space. Pro forma rent is $2700. Second unit contains a 1 bed, 1 bath layout with 611 sqft living space and a BONUS 249 sqft storage room. Pro forma rent is $2200. Don't miss out on this opportunity with rental income potential! Live in one unit and rent the other. Great location located just minutes away from Civic Center, city hall, and police station and nearby entertainment, shopping, and eateries such as Rodeo 39, Bella Terra, 405FWY and 22 FWY entrances, and more! This property qualifies for program that gives credit towards closing costs or to buy down the rate.

Last Agent to Sell the Property

Elizabeth Do

Keller Williams Realty Brokerage Email: Liz@ElizabethDo.com License #01473012 Listed on: 10/26/2023

Keller Williams Realty

Co-Listed By

Vi Mai-Nguyen

Keller Williams Realty Brokerage Email: Liz@ElizabethDo.com License #01913853

Last Buyer's Agent

Amy Nghe

Superior Real Estate Group License #01290751

Superior Real Estate Group

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1938

Lot Details

  • 7,175 Sq Ft Lot
  • Landscaped
  • Back and Front Yard

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,695 Sq Ft Home
  • 1-Story Property
  • Recessed Lighting
  • Family Room with Fireplace
  • Bonus Room
  • Quartz Countertops
  • Attic

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Mirrored Closets Doors
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Additional Features

  • Two Homes on a Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 6 / D
  • Tax Tract Number 881
  • Assessor Parcel Number 09706218
  • $942 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Home Details

Home Type

Single Family

Year Built

Built in 1938

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Income
  • Parcel Number: 09706218
  • Year Built: 1938
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Quartz Counters, Recessed Lighting
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Door Features: Mirror Closet Door(s)
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 725.66
  • Room Type: All Bedrooms Down, Attic, Bonus Room, Family Room, Kitchen, Main Floor Bedroom, Main Floor Primary Bedroom

Exterior Features

  • Other Structures: Two On A Lot
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside, Stackable
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Storm Drains

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Landscaped
  • Lot Size Sq Ft: 7175.00
  • Lot Size Acres: 0.1647

Multi Family

  • Lot Size Area: 7175.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Block: D
  • Tax Census Tract: 998.01
  • Tax Lot: 6
  • Tax Tract Number: 881
  • TaxOtherAnnualAssessmentAmount: 942.00

Matterport 3D Tours

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2023
Closed on
Jan 24, 2024
Sold by
Alta Vista Properties Llc
Bought by
Phan Phuc Huu and Tu Linh
Seller's Agent
Elizabeth Do
Keller Williams Realty
Buyer's Agent
Amy Nghe
Superior Real Estate Group
List Price
$1,325,000
Sold Price
$1,230,000
Premium/Discount to List
-$95,000
-7.17%
Views
294
Current Estimated Value
$1,295,447

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,447
Avg. Annual Appreciation
2.75%
Original Mortgage
$730,000
Outstanding Balance
$716,382
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$579,065

Purchase Details

Closed on
Aug 17, 2012
Sold by
Cortez Yolanda and Cortez Ofelia M
Bought by
Cortez Yolanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,000
Interest Rate
3.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 8, 1996
Sold by
Cortez Yolanda and Cortez Celia
Bought by
Cortez Yolanda and Cortez Bernabe N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,250
Interest Rate
7.18%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Phan Phuc Huu $1,230,000 Lawyers Title Company
Cortez Yolanda -- First American Title Company
Cortez Yolanda -- California Counties Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phan Phuc Huu $730,000
Previous Owner Cortez Yolanda $174,000
Previous Owner Cortez Yolanda $107,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/07/2024 02/07/24 Sold $1,230,000 +2.5% $726 / Sq Ft
01/16/2024 01/16/24 Pending -- -- --
01/09/2024 01/09/24 Price Changed $1,199,999 -4.0% $708 / Sq Ft
11/09/2023 11/09/23 Price Changed $1,250,000 -5.7% $737 / Sq Ft
10/26/2023 10/26/23 For Sale $1,325,000 +55.9% $782 / Sq Ft
03/27/2023 03/27/23 Sold $850,000 -14.9% $802 / Sq Ft View Prior Sale
02/10/2023 02/10/23 Pending -- -- --
12/02/2022 12/02/22 Price Changed $999,000 -9.1% $942 / Sq Ft
11/02/2022 11/02/22 Price Changed $1,099,000 -8.3% $1,037 / Sq Ft
09/01/2022 09/01/22 For Sale $1,199,000 -- $1,131 / 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 $10,909 $1,254,600 $1,076,631 $177,969
2024 $10,909 $891,417 $809,334 $82,083
2023 $3,667 $246,242 $197,219 $49,023
2022 $3,602 $241,414 $193,352 $48,062
2021 $3,492 $236,681 $189,561 $47,120
2020 $3,456 $234,255 $187,618 $46,637
2019 $3,424 $229,662 $183,939 $45,723
2018 $3,422 $225,159 $180,332 $44,827
2017 $3,314 $220,745 $176,796 $43,949
2016 $3,228 $216,417 $173,329 $43,088
2015 $3,181 $213,167 $170,726 $42,441
2014 $3,120 $208,992 $167,382 $41,610
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23199804

California Regional Multiple Listing Service (CRMLS)

APN: 097-062-18