Westminster, CA 92683,7883 16th ST
Westminster, CA 92683,7883 16th ST
Westminster, CA 92683,7883 16th ST
8
$1,650,000
$1,650,000
Est.Price: ?

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0.25 Acres Lot

7883 16th ST Westminster, CA 92683

Est. payment /mo
SOLD DATE : 11/12/2024

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Key Details

Sold Price $1,650,000

Property Type Multi-Family

Sub Type Fourplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CROC24199139

Sold Date 11/12/24

Originating Board California Regional MLS

Year Built 1962

Lot Size 0.254 Acres

Property Sub-Type Fourplex

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 60 - Westminster South Of Westminster, W Of Beach

Interior

Heating Wall Furnace

Laundry In Garage, Other

Exterior

Parking Features Garage

Garage Spaces 4.0

Pool 31, None

Roof Type Flat / Low Pitch,Composition

Building

Water District - Public

Others

Tax ID 09633224

Special Listing Condition Not Applicable

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MLS Listing IDX PLUS
Listed by Craig Ratowsky • Compass
Bought with Justin Ratowsky

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agent

Madhu Sarkar

Agent | License ID: 01702931

+1(650) 504-7768

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