Est. cap rate

3.0%

Assumed rent, all units

$7,110/mo

Units

3

Price per unit

$466,333

Est. annual NOI

$42,660

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Triplex

Bedrooms

3

Building size

3,129 sqft

Lot size

9,148 sqft

Year built

1900

Stories

1

Garage spaces

2

Heating

Wall Furnace

Pool

None

Status

Active

Days on market

1

MLS #

246403860

About this property

This unique Westminster property features 3 units with approximately 3.129 sqft of total building space on a generous 9,148 sqft lot. All units will be delivered VACANT! The property includes a mix of 2-bedroom, 1-bath and 2-bedroom, 2-bath units, offering flexibility for an investor looking to maximize the potential of this property. Endless possibilities! With the property delivered vacant, you have the opportunity to rehab, renovate, reconfigure, and improve the units to better suit your investment goals. Whether you’re looking to generate rental income, live in one unit and rent the others, or create a long term investment strategy, the possibilities are truly limitless.This is the kind of property where vision meets opportunity. Bring your contractor, bring your ideas, and unlock the potential this property has to offer!

Location

14192 Locust Street

Westminster, Orange, CA, 92683