Westminster City Hall, Orange County, California
Orange County submarket

Westminster

$300K to $430K per unit

Price per unit
$300K to $430K per unit
Predominant vintage
1950s to 1970s wood frame stucco
Rent control
AB1482 only
Parent county
Orange
Source: Q1 2026 SoCal multifamily research

Westminster is a value-priced central Orange County submarket anchored by Little Saigon, one of the largest Vietnamese-American communities in the country, which sustains a dense, established, and remarkably stable renter base. We help investors buy and sell 1950s to 1970s wood-frame stucco buildings here at some of the lowest per-unit prices in the county, often with rents that trail the market and clear room to add value through light-to-moderate renovation. Proximity to Huntington Beach, the 405 and 22 freeways, and major retail keeps the area desirable to workforce tenants without the coastal price tag. The city has no local rent control, so qualifying buildings are subject to AB1482 only. It suits clients looking to enter Orange County at an attractive basis while retaining upside on rents.

Frequently asked questions

Why is Westminster attractive on price?

Per-unit basis runs below coastal and central OC while occupancy stays strong, improving day-one yield.

Is Westminster rent controlled?

No local ordinance. Only statewide AB1482 applies to qualifying older buildings.

What supports demand here?

The dense, established Little Saigon community and easy freeway access keep workforce rental demand deep and stable.