Property Detail
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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Listing provided courtesy of Nhi Phan of Real Broker. Last updated 2025-07-19 08:11:18.000000. Listing information © 2025 CRMLS.
John Collins
DRE# 01948188
888 Prospect St. Suite 140
La Jolla, CA 92037
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858.252.0200
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Address
888 Prospect St. Suite 140 La Jolla CA 92037
Coldwell Banker Realty, CalBRE# 00616212
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