7311 Main Street, Westminster, CA 92683
  • MLS#: OC25059164 ( Apartment )
  • Street Address: 7311 Main Street
  • Viewed: 1
  • Price: $7,490,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 2025
  • Bldg sqft: 0
  • Days On Market: 17
  • Additional Information
  • County: ORANGE
  • City: Westminster
  • Zipcode: 92683
  • Subdivision: Other (othr)
  • Provided by: NRI Group
  • Contact: Nhi Nhi
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Welcome to 7311 7335 Main Street Apartments; a 13 unit multifamily investment property featuring 4 brand new ADUs built in 2025 and 9 fully remodeled units, offering a rare blend of modern upgrades and new construction. The ADUs include two 2 bed/1 bath units, and two 4 bed/2 bath units, all with open floor plans, central A/C, quartz countertops, high quality appliances, vinyl flooring, recessed lighting, and in unit washer/dryer hookups. All 9 remodeled units have updated kitchens, bathrooms, vinyl flooring, and newly fresh paint. Only 2 of the units are situated on the second floor, while the remaining 11 units are single story, offering convenient ground level access. The property boasts all new plumbing and electrical systems, separate gas and electricity meters for each unit, and ample parking with 11 garages and a total of 32 onsite parking spaces. Tenants pay for all utilities, ensuring low operating costs for ownership. Additionally, there is potential to add 4 more ADUs, expanding the total to 17 units and further boosting income and long term investment value. Ideal for investors or 1031 exchanges seeking rental income, this turnkey asset is a prime opportunity in a desirable location.
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Features
Appliances
  1. Gas Range
  2. Range Hood
Assessments
  1. Special Assessments
Building Area Total
  1. 10728.00
Commoninterest
  1. Community Apartment
Common Walls
  1. 2+ Common Walls
Cooling
  1. Central Air
Country
  1. US
Days On Market
  1. 13
Electric Expense
  1. 300.00
Fireplace Features
  1. None
Flooring
  1. Vinyl
Garage Spaces
  1. 11.00
Heating
  1. Central
Insurance Expense
  1. 6000.00
Interior Features
  1. Recessed Lighting
Laundry Features
  1. Gas Dryer Hookup
  2. Washer Hookup
Levels
  1. Multi/Split
Lockboxtype
  1. See Remarks
Lot Features
  1. Lot 20000-39999 Sqft
Netoperatingincome
  1. 321530.00
Newtaxesexpense
  1. 85090.00
Number Of Separate Electric Meters
  1. 13
Number Of Separate Gas Meters
  1. 13
Number Wallac
  1. 13
Number With Dishwasher
  1. 13
Number With Disposal
  1. 13
Number With Range
  1. 13
Parcel Number
  1. 09612434
Parking Features
  1. Driveway
  2. Garage
Pool Features
  1. None
Professionalmanagementexpense
  1. 18170.00
Property Type
  1. Apartment
Property Condition
  1. Building Permit
  2. Updated/Remodeled
Security Features
  1. Carbon Monoxide Detector(s)
  2. Smoke Detector(s)
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 434373653:CRM
Subdivision Name Other
  1. Other
Tenant Pays
  1. All Utilities
Totalactualrent
  1. 37855.00
Totalexpenses
  1. 132730.00
Trash Expense
  1. 0.00
Uncovered Spaces
  1. 21.00
Vacancyallowance
  1. 13628
View
  1. Neighborhood
Water Sewer Expense
  1. 0.00
Water Source
  1. See Remarks
Year Built
  1. 2025
Year Built Source
  1. Builder