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Listed by Craig Ratowsky • Compass
Bought with Justin Ratowsky • Compass
Bought with Justin Ratowsky • Compass
$﹡﹡﹡﹡﹡(Non-Disclosure)
Est. payment /mo
3,240 SqFt
UPDATED:
Key Details
Sold Price Non-Disclosure
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,240 sqft
Price per Sqft $509
MLS Listing ID CROC24199139
Year Built 1962
Lot Size 0.254 Acres
Property Description
Discover 7883 16th Street, a versatile four-plex in Westminster, California, ideal for investors seeking rental income and zoned for mixed use development potential. This property features a standalone two-bedroom, one-bath house (built in 1927) and a duplex with two units (built in 1962), one offering two bedrooms and one bath and the other offering three bedrooms and one bath. Additionally, there is a two-bedroom, one-bath unit (built in 1962) located above the garage. Roof replacements for the duplex and front house were completed in 2020. The three bedroom owner occupied unit features a garage converted into a third bedroom, formal dining, custom-tiled shower, and a kitchen with in-unit laundry. Central to shopping, schools and entertainment with easy transport access. Three of the units are rented to long-term tenants, ensuring stable occupancy and consistent income. Viewings are drive-by only; please do not disturb tenants or the owner. Offers are to be made subject to interior inspection, presenting a great opportunity for immediate returns and future expansions. The property is located in a Mixed-Use 40 Units/Acre (MU40) district. The MU40 district is intended to provide for a mix of compatible residential and nonresidential uses with densities up to 40 units per acre. Re
Location
State CA
County Orange
Interior
Heating Wall Furnace
Flooring Carpet
Laundry In Garage, Inside
Building
Lot Description Other
Water Public
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