9064 Westminster Boulevard, Westminster, CA 92683

$2,995,000

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List Price
$2,995,000
Price Change
▲ $412,000 1784457917
Status
ACTIVE
MLS#
PW26129756
Year Built
1944
Lot Size
19,001
Acres
0.44
Lot Location
0-1 Unit/Acre
Days on Market
43
Property Type
Multifamily
Property Sub Type
Mixed Use
Stories
One Level

Property Description

Property is being offered via auction. Rare value-add opportunity in the heart of Little Saigon — six detached, cottage-style units on an oversized ±19,001 SF corner lot at Magnolia & Westminster Blvd. Separate address for each unit: 9064 - 9066 - 9068 - 9074 - 9076 - 9078. Each single-story unit lives like its own private home: no common walls, its own private garage, and its own separate gas, electric, and water meters, so tenants pay their own utilities and owner expenses stay remarkably low. The mix is five 1-bed/1-bath and one 1-bed/2-bath, all with long-term tenancy and rents currently well below market — immediate, substantial upside for the next owner. The standout is the land: over 19,000 square feet in a supply-starved submarket with generous room to add ADUs for additional income and value (buyer to verify with City of Westminster). Walk-to-everything location in the cultural and commercial core of Little Saigon — restaurants, markets, and shopping at your door, with quick access to the 22 & 405 freeways and transit. A pride-of-ownership, separately-metered corner asset that is easy to manage and impossible to replicate at today's construction costs. A true legacy hold — submit.

Additional Information

Pool Description
None
Garage Spaces Total
6
Sewer
Public Sewer
Water
Public
Attached Structure
Detached
Number Of Units Total
6
Gross Scheduled Income
$76,440
Operating Expense
13037

Listing courtesy of Listing Agent: Karen Ngoc Lang Luu (kluu2495@gmail.com) from Listing Office: Century Financial Group, Corp..

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.