19
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Listed by Tyler Leeson • Marcus & Millichap RE Invest
$5,950,000
Est. payment /mo
New
14231 Springdale ST Westminster, CA 92683
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CROC25107216
Originating Board California Regional MLS
Year Built 1960
Property Description
14200 & 14231 Springdale Street is a 14-unit, value-add multifamily investment opportunity located in Westminster, CA. Located on the border of Westminster & Huntington Beach, 14200 & 14231 Springdale Street is uniquely placed in-close proximity of the area's top destinations and major employment hubs including Little Saigon, Huntington Harbour, Westminster Mall, & Bella Terra, all of which are situated within 3 miles of the property. Furthermore, the property's proximity to Interstate 405 and State Route 22 provides residents with convenient access throughout Southern California. 14231 Springdale Street offers an attractive mix of 11, one-bedroom units, 2, two-bedroom units, & 1, three-bedroom unit on a 0.42-acre parcel while 14200 Springdale Street features no improvements on a spacious 0.55-acre parcel. There are a plethora of scenarios for new ownership to increase total unit count, such as converting the existing garage structure into accessory dwelling units (ADUs) and constructing a new 13-unit multifamily structure on the vacant parcel (14200), both of which could potentially increase cashflow significantly. Currently, the property features desirable amenities including a spacious front yard, an on-site laundry facility, and ample garage and surface parking spaces. In sum
Location
State CA
County Orange
Area 60 - Westminster South Of Westminster, W Of Beach
Interior
Laundry Community Facility
Exterior
Garage Spaces 27.0
Pool None
Building
Lot Description Grade - Level
Water District - Public
Others
Tax ID 19514207
Special Listing Condition Not Applicable
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