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13821 Manor Drive

Westminster, CA 92683
  • $1,975,000
  • STATUS: Active
  • ON SITE: 24 Days
  • ID#: PW24018622
UPDATED: 35 min ago
$1,975,000
  • 0
    BEDS
  • 0.28
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
0
Type:
Multi-Family
Built:
1959
County:

School Ratings & Info

Listing Agent(s): James Wardlaw of Triqor Group (949-756-3232)


Description

This is a wonderful single story property with 3 individual homes. All three homes are 2 bedroom 1 bath. The entire property has water efficient landscaping which also reducing the cost of a gardener. The property is operating at a 4% capitalization rate on current rents. One of the units had a garage converted into a studio, buyer to investigate permits. The area of Westminster is very sought after with the median home price at just under $950k per home. The units have been completely remodeled and are in great condition. This would be a great asset to add to your portfolio that will be long standing with minimal capital expenditures or a great first investment property.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-02-23T21:32:58.127. 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 deemed reliable but is not guaranteed accurate by the MLS or Brianna Miller | Synergy Real Estate. Licensed in the State of California, USA.
www.briannasellshomes.com/homes/147055430
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13821 Manor Drive Westminster, CA 92683

  • Price: $1,975,000
  • Status: Active
  • On Site: 24 Days
  • Updated: 35 min ago
  • ID#: PW24018622
0
Beds
0
Baths
0
½ Baths
0.28
Acres
1959
Built
Neighborhood:
0
County:
Orange
Area:
59 - Westminster North of 405 & Westminster
Property Description
This is a wonderful single story property with 3 individual homes. All three homes are 2 bedroom 1 bath. The entire property has water efficient landscaping which also reducing the cost of a gardener. The property is operating at a 4% capitalization rate on current rents. One of the units had a garage converted into a studio, buyer to investigate permits. The area of Westminster is very sought after with the median home price at just under $950k per home. The units have been completely remodeled and are in great condition. This would be a great asset to add to your portfolio that will be long standing with minimal capital expenditures or a great first investment property.
Exterior Features

Entry Level 1 Entry Location / Lot Features Rectangular Lot Number Of Separate Electric Meters 3 Open Parking Spaces 8 Parking Total 11 Pool Features None Pool Private YN No Property Attached YN No

Interior Features

Common Walls No Common Walls

Property Features

Additional Parcels YN No Common Interest Community Apartment Community Features Sidewalks Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 106200 Gross Scheduled Income 106200 Insurance Expense 0 Land Lease YN No Laundry Features Washer HookupGas Dryer Hookup Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Conventional Net Operating Income 81200 New Construction YN No Number Of Separate Gas Meters 3 Number Of Separate Water Meters 3 Operating Expense 25000 Property Sub Type Quadruplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 0 Water Sewer Expense 0 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-02-23T21:32:58.127. 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 deemed reliable but is not guaranteed accurate by the MLS or Brianna Miller | Synergy Real Estate. Licensed in the State of California, USA.
 
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Brianna Miller | Synergy Real Estate
140 N. Harvard Avenue #341
Claremont CA, 91711
Listing Agent(s): James Wardlaw of Triqor Group (949-756-3232)