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 Details
Price:
$1,650,000
MLS #:
OC24199139
Status:
Active Under Contract
Baths:
0
Address:
7883 16th Street
Type:
Residential Income
Subtype:
Quadruplex
Neighborhood:
60westminstersouthofwestminsterwofbeach
City:
Westminster
Listed Date:
Sep 23, 2024
State:
CA
ZIP:
92683
Lot Size:
11,046 sqft / 0.25 acres (approx)
Year Built:
1962
See this Listing
Mortgage Calculator
Schools
Interior
Fireplace Features
None
Flooring
Carpet
Heating
Wall Furnace
Exterior
Community Features
Sidewalks, Street Lights
Garage Spaces
4.00
Lot Features
Lot 10000-19999 Sqft, Sprinkler System
Parking Features
Garage
Parking Spots
4.00
Pool Features
None
Roof
Composition, Flat
Security Features
Carbon Monoxide Detector(s), Smoke Detector(s)
Sewer
Public Sewer
Spa Features
None
Stories Total
2
Water Source
Public
Financial
Tenant Pays
Electricity, Gas
Map
Community
- Address7883 16th Street Westminster CA
- Area60 – Westminster South of Westminster, W of Beach
- CityWestminster
- CountyOrange
- Zip Code92683
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Courtesy of Compass. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
7883 16th Street
Westminster, CA
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