14260 Village Way, Westminster, CA 92683
  • MLS#: PW24198214 ( Quadruplex )
  • Street Address: 14260 Village Way
  • Viewed: 1
  • Price: $1,999,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1962
  • Bldg sqft: 0
  • Days On Market: 53
  • Additional Information
  • County: ORANGE
  • City: Westminster
  • Zipcode: 92683
  • Subdivision: Other (othr)
  • Provided by: RE/MAX Diamond
  • Contact: Joseph Joseph
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Exceptional Investment Opportunity in Westminster! Welcome to this remarkable 4 unit property nestled in the highly sought after city of Westminster! With its great curb appeal and prime location, this investment offers tremendous rental potential. Each unit features assigned parking, ensuring convenience for your tenants. Spanning approximately 1,267 square feet per unit, each two story unit includes 2 bedrooms and 1.5 baths. Enjoy your own private garden patio, perfect for relaxation and outdoor activities. The main level boasts an open floor plan with a spacious living room that provides access to the patio, a cozy breakfast nook, a functional kitchen, half bath and convenient indoor laundry hookups. Upstairs, youll find two generously sized bedrooms, including a primary room with a walk in closet and direct access to a full bath. This property represents a true gem with substantial upside rental potential, as current rents are below market value. You have the opportunity to live in one unit while renting out the others, enhancing your financial benefits. The condition of the units varies, with one fully remodeled, one semi remodeled, and two in standard condition, ready for your personal touch. The HOA provides significant benefits, covering trash, common area water, maintenance, and insurance, while also maintaining the exterior, including the roof. Each unit has separate water, electric, and gas meters, and the current landlord pays for the gas and electricity for the water heaters. Centrally located near shopping, great schools, parks, grocery stores, dining, and entertainment, this property offers easy access to the 405 and 22 freeways. It has a strong history of long term tenants, enrolled in the Section 8 program, who are eager to extend their leases. Dont miss this once in a lifetime opportunity! This property wont last long, act now to secure your investment in Westminster today!
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Features
Association Amenities
  1. Maintenance Grounds
  2. Trash
  3. Security
  4. Other
Association Fee
  1. 900.00
Association Fee Frequency
  1. Monthly
Building Area Total
  1. 4758.00
Commoninterest
  1. Condominium
Common Walls
  1. 2+ Common Walls
Country
  1. US
Days On Market
  1. 61
Electric Expense
  1. 0.00
Fuel Expense
  1. 0.00
Garage Spaces
  1. 0.00
Heating
  1. Central
Insurance Expense
  1. 0.00
Laundry Features
  1. Common Area
  2. Community
  3. Inside
  4. See Remarks
Laundry Income
  1. 150.00
Lot Features
  1. Lawn
Netoperatingincome
  1. 106600.00
Parcel Number
  1. 93910029
Parking Features
  1. Assigned
Pool Features
  1. None
Postalcodeplus4
  1. 1509
Property Type
  1. Quadruplex
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 423732063:CRM
Subdivision Name Other
  1. Other
Tenant Pays
  1. Electricity
  2. Gas
Totalexpenses
  1. 2000.00
Trash Expense
  1. 0.00
Water Sewer Expense
  1. 0.00
Water Source
  1. Public
Year Built
  1. 1962
Year Built Source
  1. Public Records