Address
13800 Milton Avenue Westminster, CA
Price
$ 4,850,000
Property Attributes
  • MLS#PW21095883
  • TypeIncome
  • CountyORANGE
  • CityWestminster
  • AreaWestminster North of 405 & Westminster
  • NeighborhoodOther
  • Zip92683
  • Style
  • Price$ 4,850,000
  • Bedrooms58
  • Full Bathrooms58
  • Half Bathrooms0
  • Lot Size1.01 Acres
Listing Provided Courtesy Of:
Grant Hahn with Morgan Skenderian.
Data Source:
California Regional MLS (CRMLS) - 25 - CA
Property Description

$1,000,000 PRICE REDUCTION. A rare opportunity to acquire a medium sized, “permit ready” entitled multi-residential development opportunity. The proposed 24 unit apartment complex will have a unit mix of (7) 2 bedroom/2 bath units, (7) 2 bedroom/2.5 bath units, (6) 3 bedroom/2.5 bath units, and (4) 3 bedroom/3.5 bath units. All units will be townhouse style with attached garages and direct access from the garage into the units. The property is located within minutes of the 405 and 22 Freeways and is within walking distance to both Finely Elementary and Johnson Middle Schools. The development has been approved by the city council of Westminster and includes four affordable units under the California Density Bonus program. The existing property is comprised of 3 adjacent parcels totaling 44,643 sq.ft. Currently, there is one 3 bedroom home, a 2 bedroom home, a 1 bedroom unit and a studio unit. Monthly income is $7,060 and all tenants are month to month.

Price History
5/5/2021 Listed $5,850,000
6/7/2021 18% - $4,850,000

General Features

Community Features Curbs
Garage Spaces 45
Garage Y/N Yes
Levels One
Listing Agent Grant Hahn - BRE#01197893
Listing Agent State License 01197893
MLS Area 59 - Westminster North of 405 & Westminster
Pool Features None
Property Attached Y/N Yes
Property Type Residential Income
Sewer Public Sewer
Special Listing Conditions Standard
Status Active
Stories 1
Subdivision Name Other (OTHR)
Terms Cash, Cash to New Loan
Total Units 24

Interior Features

Common Walls 1 Common Wall
Laundry Features None

Exterior Features

Lot Features 21-25 Units/Acre, Lot Over 40000 Sqft
Lot Size Acres 1.01
Lot Size Area 1.01
Lot Size Source Assessor
Lot Size Square Feet 43996
Lot Size Units Acres
Number of Buildings 3
Number of Separate Electric Meters 24
Number of Separate Gas Meters 24
Number of Separate Water Meters 24
Total Parking 45
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 92683

Price
AVG $2.55M
$4.85M
Visits
AVG 12
25
Year Built
AVG 1986
2021
Walkscore
AVG 59
58
Data Provided by Walkscore ® not using MLS data

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