$1,650,000
Contingent
24 Days Online
0 Beds0 Baths0 SQFT
Pending

7883 16th Street Westminster, CA 92683

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. Reach out to the City of Westminster Planning and Zoning to verify all information.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyOrange
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site23 Days
  • MLS StatusContingent
  • MLS ID NumberOC24199139
  • Home Size Source N/A
  • Year BuiltN/A
  • Lot Size0.2536 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Terms Cash
  • Stories 2 Story

Exterior Features

  • Pool N/K
  • Irrigation Sprinklers
  • Roof Composition

Community Features

  • Spa N/K

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Monthly Payment (Est.)

$8,291
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