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Key Facts

Type Quadruplex
Levels Residential Income
Size -
Garage No
Taxes 
Days Active 312
Lot Size 
Approx. Age 1962
MLS® Number PW24198214

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Exceptional Investment Opportunity in Westminster! Welcome to this remarkable 4-unit property nestled in the highly sought-after city of Westminster! With its great curb appeal and prime location, this investment offers tremendous rental potential. Each unit features assigned parking, ensuring convenience for your tenants. Spanning approximately 1, 267 square feet per unit, each two-story unit includes 2 bedrooms and 1.5 baths. Enjoy your own private garden patio, perfect for relaxation and outdoor activities. The main level boasts an open floor plan with a spacious living room that provides access to the patio, a cozy breakfast nook, a functional kitchen, half bath and convenient indoor laundry hookups. Upstairs, you’ll find two generously sized bedrooms, including a primary room with a walk-in closet and direct access to a full bath. This property represents a true gem with substantial upside rental potential, as current rents are below market value. You have the opportunity to live in one unit while renting out the others, enhancing your financial benefits. The condition of the units varies, with one fully remodeled, one semi-remodeled, and two in standard condition, ready for your personal touch. The HOA provides significant benefits, covering trash, common area water, maintenance, and insurance, while also maintaining the exterior, including the roof. Each unit has separate water, electric, and gas meters, and the current landlord pays for the gas and electricity for the water heaters. Centrally located near shopping, great schools, parks, grocery stores, dining, and entertainment, this property offers easy access to the 405 and 22 freeways. It has a strong history of long-term tenants, enrolled in the Section 8 program, who are eager to extend their leases. Don’t miss this once-in-a-lifetime opportunity! This property won’t last long, act now to secure your investment in Westminster today!Show Description
MLS® NumberPW24198214
Laundry LevelCommon Area, Inside, See Remarks
Central VacNo
FireplaceNo
Acreage2.5
Exterior
GarageNo
Approx. Age1962
Basement
DrivewayAssigned
Garage Spaces
HeatCentral
A/C
Heating Fuel

Extras

Rooms

Show Details
Bedroom 1:Not available

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