Listed by Randall Mycorn, R L M Equities,

8361 15th Street

Westminster, CA, 92683

$6,045,000

$487 per ft²
$6,045,000
$487 per ft²
Pending
Pending
 - For Sale
carpenters-square
12,409 ft²
property_type
Multi-family
calendar
Built 1963
The 15th st. Apartments offers an astute investor the opportunity to acquire a Value Add property with over 30% in rental upside. The asset exterior has been extensively renovated, interiors are primed for a full rehabilitation. Situated in the Westminster Civic Center just a block from the City Library and Police department, the complex has an incredible walk score of 86! Conservative market rents put the pro-forma CAP Rate at almost 6%. 15th St. Apartments stands as the lowest priced per unit majority 2 bedroom asset on the market in all of Orange County. Further, the property will be delivered with a BRAND NEW roof and electrical panels.
MLS® ID:
NP22128415
Listed:
6/13/22
Updated:
8/14/22

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Laundry Description
Common Area

Exterior/Building Features

Lot Size
0.46 acres lot
Lot Details
2-5 Units/Acre
Sewer
Public Sewer

Other Property Details

Area Name
60 - Westminster South of Westminster, W of Beach
HOA Amenities
Suburban
Garage
No
Parking
N
View
N
County
Orange
Water Source
Public
Pool
No
Pool Description
None
Total Stories
2
Zoning
R-2

Property History

Date
Event
Price
Value
7/18/22
Pending
-
-

 

Listed by Randall Mycorn, R L M Equities,

Based on information from California Regional Multiple Listing Service, Inc. as of 8/14/22. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.  Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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Data last updated 11:49 PM UTC, 8/14/22

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