13154 Cedar Street, Westminster, CA 92683
  • MLS#: OC25124460 ( Apartment )
  • Street Address: 13154 Cedar Street
  • Viewed: 2
  • Price: $3,750,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 2025
  • Bldg sqft: 0
  • Days On Market: 7
  • Additional Information
  • County: ORANGE
  • City: Westminster
  • Zipcode: 92683
  • Subdivision: Other (othr)
  • Provided by: Real Broker
  • Contact: Nhi Nhi
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    7 UNIT investment property in the City of Westminster. Turn key & fully occupied, this exceptional property combines 2 brand new construction and 5 renovated units delivering immediate cash flow & long term upside. 2 BRAND NEW HOMES (2025) Unit 1: 4 bd / 2 ba 1,200 SF, attached 1 car garage, solar, separate water meter. Unit 2: 2 bd / 2 ba 800 SF, solar, separate water meter. 5 REMODELED UNITS Quartz kitchens, Modern cabinetry, New appliances, Vinyl flooring, Recessed lighting, Updated baths, A/C & heat, W/D hookups. SITE FEATURES 14 on site parking spaces (2 per unit), New vinyl fencing & fresh landscaping, Separate gas & electric meters; tenants pay all utilities. Current CAP rate is 4.50 %, supported by low operating expenses and high tenant demand in this sought after Westminster neighborhood. With solar on the new builds, modern finishes throughout, and durable upgrades already in place, this property will have low maintenance for the next 10+ years.
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Features
Appliances
  1. Dishwasher
  2. Gas Range
  3. Range Hood
Assessments
  1. Unknown
Association Fee
  1. 0.00
Building Area Total
  1. 6000.00
Commoninterest
  1. Community Apartment
Common Walls
  1. 1 Common Wall
  2. No One Above
Cooling
  1. Central Air
  2. Ductless
Country
  1. US
Entry Location
  1. Entry Door
Fireplace Features
  1. None
Flooring
  1. Vinyl
Garage Spaces
  1. 1.00
Heating
  1. Central
  2. Ductless
Insurance Expense
  1. 9000.00
Interior Features
  1. Open Floorplan
  2. Recessed Lighting
Laundry Features
  1. Gas Dryer Hookup
  2. Washer Hookup
Levels
  1. One
Lockboxtype
  1. None
Lot Features
  1. Lot 10000-19999 Sqft
Netoperatingincome
  1. 172114.00
Newtaxesexpense
  1. 43700.00
Parcel Number
  1. 09641321
Parking Features
  1. Assigned
  2. Driveway
Pool Features
  1. None
Professionalmanagementexpense
  1. 10104.00
Property Type
  1. Apartment
Security Features
  1. Carbon Monoxide Detector(s)
  2. Gated Community
  3. Smoke Detector(s)
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 440105405:CRM
Subdivision Name Other
  1. Other
Tenant Pays
  1. All Utilities
Totalactualrent
  1. 245400.00
Totalexpenses
  1. 80486.00
Trash Expense
  1. 0.00
Uncovered Spaces
  1. 14.00
View
  1. Neighborhood
Water Sewer Expense
  1. 0.00
Water Source
  1. Public
Year Built
  1. 2025
Year Built Source
  1. Builder