$1,899,000
14260 Village WAY #23 Westminster, CA 92683
5
See all 5 photos
$1,899,000
Est. payment /mo
2.5 Acres Lot
Price Dropped by $100K
14260 Village WAY #23 Westminster, CA 92683
UPDATED:
11/24/2024 05:52 PM
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW24198214
Condo Fees $900
HOA Fees $900/mo
HOA Y/N Yes
Year Built 1962
Lot Size 2.500 Acres
Property Description
Exceptional Investment Opportunity in Westminster! Welcome to this remarkable 4-unit property nestled in the highly sought-after city of Westminster! With its great curb appeal and prime location, this investment offers tremendous rental potential. Each unit features assigned parking, ensuring convenience for your tenants. Spanning approximately 1,267 square feet per unit, each two-story unit includes 2 bedrooms and 1.5 baths. Enjoy your own private garden patio, perfect for relaxation and outdoor activities. The main level boasts an open floor plan with a spacious living room that provides access to the patio, a cozy breakfast nook, a functional kitchen, half bath and convenient indoor laundry hookups. Upstairs, you’ll find two generously sized bedrooms, including a primary room with a walk-in closet and direct access to a full bath. This property represents a true gem with substantial upside rental potential, as current rents are below market value. You have the opportunity to live in one unit while renting out the others, enhancing your financial benefits. The condition of the units varies, with one fully remodeled, one semi-remodeled, and two in standard condition, ready for your personal touch. The HOA provides significant benefits, covering trash, common area water, maintenance, and insurance, while also maintaining the exterior, including the roof. Each unit has separate water, electric, and gas meters, and the current landlord pays for the gas and electricity for the water heaters. Centrally located near shopping, great schools, parks, grocery stores, dining, and entertainment, this property offers easy access to the 405 and 22 freeways. It has a strong history of long-term tenants, enrolled in the Section 8 program, who are eager to extend their leases. Don’t miss this once-in-a-lifetime opportunity! This property won’t last long, act now to secure your investment in Westminster today!
Location
State CA
County Orange
Area 59 - Westminster North Of 405 & Westminster
Interior
Interior Features All Bedrooms Up
Heating Central
Fireplace No
Laundry Common Area, Inside, See Remarks
Exterior
Garage Assigned
Pool None
Community Features Street Lights, Sidewalks
Amenities Available Maintenance Grounds, Other, Security, Trash
Private Pool No
Building
Lot Description Lawn
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 93910029
Acceptable Financing Submit
Listing Terms Submit
Special Listing Condition Standard
Listed by Joseph Lee • RE/MAX Diamond • 714-886-7571
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