7272 20th Street, Westminster, CA 92683

$779,900
1,500
SqFt
List Price
$779,900
Price Change
▼ $20,000 1608093617
Status
ACTIVE
MLS#
PW20246444
Year Built
1959
Living Sq. Ft
1,500
Lot Size
6,700
Acres
0.1538
Lot Location
2-5 Units/Acre
Days on Market
74
Property Type
Multifamily
Builders Tract Code
Other
Neighborhood
Other (Othr)

Property Description

Located near Westminster and Hoover. It is a Builder or investor's dream. Neighbors on the same street have been tearing down and built MULTI-UNITS. This unit could be the same with the future of NEW multi units that can bring in great rental income. Even now ....without doing any improvements the NET CAP RATE is at about 3.8% after deduction of property tax and insurance. The property is located in a high rent demand, near the heart of Little Saigon, WALKING DISTANT to Westminster Catholic Church (Blessed Sacrament Catholic Church on Hoover St.) Buyers and buyers agent should verify with City regarding its building potential. Thank you.

Additional Information

Tract Number
44
Lot Description
Curbs, Park
Pool Description
None
Garage Spaces Total
2
Sewer
Sewer Paid
Water
Public
Attached Structure
Detached
Number Of Units Total
2
Gross Scheduled Income
$40,200
Operating Expense
9800
Unit One Total Units
1
Unit One Beds
2
Unit One Baths
2
Unit One Garage Spaces
1.00
Unit One Actual Rent
1700.00
Unit One Total Rent
1700.00
Unit One Pro Forma
1700
Unit One Furnished
Unfurnished
Unit Two Total Units
1
Unit Two Beds
2
Unit Two Baths
2
Unit Two Garage Spaces
1.00
Unit Two Actual Rent
1650.00
Unit Two Total Rent
1650.00
Unit Two Pro Forma
1650
Unit Two Furnished
Unfurnished

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Thomas Dao from Superior Real Estate Group

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.