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    7272 20th Street

    Westminster, CA 92683
    • $779,900
    • STATUS: ACTIVE
    • ON SITE: 55 days
    • ID#: 302971217
    $779,900
    • 4
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    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 (Blesse 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.

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    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
    www.lajollaagent.com/homes/112202045
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    7272 20th Street Westminster, CA 92683

    • Price: $779,900
    • Status: ACTIVE
    • ID#: 302971217
    4
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    Neighborhood:
    Oc - Westminster (92683)
    County:
    Orange
    Area:
    Oc - Westminster (92683)
    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 (Blesse 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.
    Exterior Features

    Pool N/K Site Curbs

    Interior Features

    Total Baths Unit1 2 Total Baths Unit2 2

    Property Features

    Annual Expense Actual 12300 Buildings 1 Gross Scheduled Income Actual 40200 Sewer Septic Sewer Connected Terms CashConventional Unit Number For Unit1 1 Unit Number For Unit2 2 Unit1 Rent Actual 1700.0 Unit2 Rent Actual 1650.0 Zoning Assessor

    Listing provided courtesy of Superior Real Estate Group. Listing information © 2021 San Diego MLS Inc. Source: CRMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
     
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