Property Details
About this Property
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
MLS Listing Information
MLS #
CROC24199139
MLS Source
California Regional MLS
Interior Features
Appliances
Other
Heating
Wall Furnace
Exterior Features
Roof
Composition, Flat
Pool
None
Parking, School, and Other Information
Garage/Parking
Garage, Garage: 4 Car(s)
Contact Information
Listing Agent
Craig Ratowsky
Compass
License #: 00608046
Phone: (714) 318-5382
Co-Listing Agent
Justin Ratowsky
Compass
License #: 02026158
Phone: (714) 336-5682
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 3 | 3 | 4 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
7883 16th St is a Residential Income in Westminster, CA 92683. This – square foot property sits on a 11,046 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,650,000 and was built in 1962. This address can also be written as 7883 16th St, Westminster, CA 92683.
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This listing information is up-to-date as of November 15, 2024. For the most current information, please contact Craig Ratowsky, (714) 318-5382
