Amazing income potential! This 9 unit property boasts an enormous lot with a large yard and lush trees. Lots of parking and driveway space. Approach the property and see 2 SFRs with a 1 car garage for each unit. A couple steps away are TWO duplexes featuring 4 units total with 1 car each. Located towards the back of the property, the 2 story structure, built in late 80s, has an additional 3 units and also include a 1 car garage for each unit. Meters for utilities include 9 gas, 10 electric, and 4 water meters. For additional income, large yard can be used to potentially build more units. Only minutes away from Sigler Park, Westminster Gateway shopping center, Westminster Mall, Little Saigon, 22 FWY, and 405 FWY. See the potential soon!
View full listing details| Price: | $$3,500,000 |
| Address: | 7311 Main Street |
| City: | Westminster |
| County: | Orange |
| State: | California |
| Zip Code: | 92683 |
| MLS: | OC21097949 |
| Year Built: | 1962 |
| Square Feet: | 7,269 |
| Acres: | 0.778 |
| Lot Square Feet: | 0.778 acres |
| sewer: | Public Sewer |
| taxLot: | 30 |
| country: | US |
| laundryYN: | yes |
| parkingYN: | yes |
| commonWalls: | 2+ Common Walls |
| landLeaseYN: | no |
| lotFeatures: | Front Yard, Greenbelt, Landscaped, Lawn |
| lotSizeArea: | 33890 |
| waterSource: | Public |
| garageSpaces: | 9 |
| lotSizeUnits: | Square Feet |
| parcelNumber: | 09612434 |
| parkingTotal: | 18 |
| trashExpense: | 2964 |
| lotSizeSource: | Assessor |
| rentControlYN: | yes |
| totalExpenses: | 53364 |
| elevationUnits: | Feet |
| taxTractNumber: | 099... |
| electricExpense: | 2600 |
| newTaxesExpense: | 38150 |
| parkingFeatures: | Driveway, Garage, Uncovered |
| uncoveredSpaces: | 9 |
| yearBuiltSource: | Assessor |
| insuranceExpense: | 5024 |
| operatingExpense: | 53364 |
| startShowingDate: | 2021-05-14T00:00:00+00:00 |
| buildingAreaUnits: | Square Feet |
| numberOfBuildings: | 5 |
| waterSewerExpense: | 4626 |
| netOperatingIncome: | 175236 |
| numberOfUnitsTotal: | 9 |
| propertyAttachedYN: | yes |
| additionalParcelsYN: | no |
| average1BedAreaUnits: | Square Feet |
| average2BedAreaUnits: | Square Feet |
| average3BedAreaUnits: | Square Feet |
| grossScheduledIncome: | 228600 |
| listAgentStateLicense: | 01473012 |
| averageStudioAreaUnits: | Square Feet |
| listOfficeStateLicense: | 01932401 |
| specialListingConditions: | Standard, Trust |
| numberOfSeparateGasMeters: | 9 |
| numberOfSeparateWaterMeters: | 4 |
| numberOfSeparateElectricMeters: | 10 |
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