Est. cap rate

2.9%

Assumed rent, all units

$9,480/mo

Units

4

Price per unit

$483,750

Est. annual NOI

$56,880

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

Quadruplex

Bedrooms

4

Building size

3,228 sqft

Lot size

11,475 sqft

Year built

1962

Stories

1

Garage spaces

3

Pool

None

Status

Active

Days on market

1

MLS #

247526657

About this property

BRAND NEW ROOF, MASSIVE LOT WITH ADU POTENTIAL. PRICED TO SELL! Exceptional multi-family investment opportunity in the heart of Westminster offering unmatched, turn-key appeal. Situated on a spacious lot, this fully modernized 4-plex features four extensively renovated units designed for maximum long-term value and top tenant demand. The historic front house—originally built in 1920—has been comprehensively updated with complete re-wiring, and ibrand-new sewer line. Across all four units, major capital improvements include brand-new roofing, energy-efficient dual-pane windows, stylish new flooring, and beautifully remodeled kitchens and bathrooms. Capitalizing on prime curb appeal, the property also features brand-new perimeter fencing, fresh low-maintenance landscaping, and two newly added dedicated parking spots to maximize parking convenience. Located near key dining, shopping, and major commuter routes, this turn-key property is an ideal addition to any investor's portfolio.

Location

7912 16th

Westminster, Orange, CA, 92683