Westminster, CA 92683,7883 16th Street
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Westminster, CA 92683,7883 16th Street
Westminster, CA 92683,7883 16th Street
Westminster, CA 92683,7883 16th Street
Westminster, CA 92683,7883 16th Street

$1,650,000

Est. payment /mo

$1,650,000

Est.Price: ?

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7883 16th Street Westminster, CA 92683

9 Beds

3,240 SqFt

SOLD DATE : 11/12/2024

Key Details

Sold Price $1,650,000

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

Sold Date 11/12/24

Bedrooms 9

HOA Y/N No

Year Built 1962

Lot Size 0.254 Acres

Acres 0.25

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

Area Listing

Interior

Heating Wall Furnace

Flooring Carpet

Fireplace No

Laundry In Garage, Inside

Exterior

Total Parking Spaces 4

Building

Lot Description Other

New Construction No

Others

Tax ID 09633224

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Bridge MLS
Listed by Craig Ratowsky • Compass
Bought with JustinRatowsky
agent

Jodi Nishimura

Founder & Realtor® | License ID: 01762935

+1(510) 459-0471

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