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8342-8402 Westminster Blvd
Westminster, CA 92683

$22,800,000 USD

Apartments For Sale  •  49,087 SF

Property Details

  • Property Type Apartments
  • Total Building Size 49,087 SF
  • Lot Size 1.84 AC
  • Building Class C
  • Year Built 1963
  • Cap Rate 4.09 %
  • Zoning R2
0 Transit Score
87 Walk Score

Highlights

Attractive Unit Mix of One & Two-Bedroom Floor Plans
Four Contiguous Parcels (20 Units Each)
Value-Add Opportunity with Significant Rental Upside
Prime Westminster Location Near Liberty Park & City Hall
Phenomenal Visibility Along the City's Main Thoroughfare

Financial Summary (Actual)

Net Operating Income: $931,692 USD (2023)
Cap Rate: 4.09 %
Total Expenses: $582,894 USD

Amenities

  • Air Conditioning
  • Cable Ready
  • Courtyard
  • Laundry Facilities
  • Storage Space
  • Heating
  • Recycling
  • Ceiling Fans
  • Kitchen
  • Granite Countertops
  • Oven
  • Range
  • Tub/Shower
  • Bicycle Storage
  • Online Services
  • Smoke Free
  • Public Transportation

Public Transportation

Commuter RailDriveWalkDistance
Anaheim (Pacific Surfliner - Amtrak) 15 min - 8.9 mi
Anaheim-Artic Metrolink Station (Metrolink Orange County Line - Metrolink Trains) 15 min - 9.1 mi
AirportDriveWalkDistance
John Wayne/Orange County 17 min - 10.6 mi
Long Beach (Daugherty Field) 20 min - 13.8 mi
Los Angeles International 43 min - 32.7 mi
Doug Rodermund 949-295-8560 Morgan-Skenderian Investment Real Estate Group
Doug Rodermund 949-295-8560 Morgan-Skenderian Investment Real Estate Group