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14260 Village Way
Westminster CA 92683 US

$1,999,000

Active Listing ID PW24198214
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8 bed
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8.00 Bath (4 Full , 4 Half)
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Lot: 108,900.00 Square Feet
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Quadruplex

$1,999,000

Active Listing ID PW24198214
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14260 Village Way Exceptional Investment Opportunity in Westminster! Welcome to this remarkable 4-unit property nestled in the highly sought-after city of Westminster! With its great curb appeal and prime location, this investment offers tremendous rental potential. Each unit features assigned parking, ensuring convenience for your tenants. Spanning approximately 1, 267 square feet per unit, each two-story unit includes 2 bedrooms and 1.5 baths. Enjoy your own private garden patio, perfect for relaxation and outdoor activities. The main level boasts an open floor plan with a spacious living room that provides access to the patio, a cozy breakfast nook, a functional kitchen, half bath and convenient indoor laundry hookups. Upstairs, you’ll find two generously sized bedrooms, including a primary room with a walk-in closet and direct access to a full bath. This property represents a true gem with substantial upside rental potential, as current rents are below market value. You have the opportunity to live in one unit while renting out the others, enhancing your financial benefits. The condition of the units varies, with one fully remodeled, one semi-remodeled, and two in standard condition, ready for your personal touch. The HOA provides significant benefits, covering trash, common area water, maintenance, and insurance, while also maintaining the exterior, including the roof. Each unit has separate water, electric, and gas meters, and the current landlord pays for the gas and electricity for the water heaters. Centrally located near shopping, great schools, parks, grocery stores, dining, and entertainment, this property offers easy access to the 405 and 22 freeways. It has a strong history of long-term tenants, enrolled in the Section 8 program, who are eager to extend their leases. Don’t miss this once-in-a-lifetime opportunity! This property won’t last long, act now to secure your investment in Westminster today!

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Property Features

  • Facts
  • Lot Size: 108,900.00 Square Feet
  • Property Type: Residential Multi Family
  • Property Sub-type: Quadruplex
  • Features
  • Full Bathrooms: 4
  • 1/2 Bathrooms: 4
  • Exterior Finish: Community Features Included: Sidewalks, Street Lights, Lawn
  • Heating Fuels: Central Furnace

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Quadruplex
  • listprice: 1999000
  • unparsedaddress: 14260 Village Way
  • postalcity: Westminster
  • stateorprovince: CA
  • country: US
  • postalcode: 92683
  • bathroomsfull: 4
  • bathroomshalf: 4
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 2.5
  • lotsizeunits: Square Feet
  • lotsizearea: 108900
  • livingarea: 4758
  • livingareaunits: Square Feet
  • listagentfullname: Joseph Lee
  • listagentemail: Showing.josephleeteam@gmail.com
  • listagentkey: 3yd-MRMLSCA-PLEEJOS
  • listagentmlsid: PLEEJOS
  • listagentpreferredphone: 7148867571
  • listagentofficephone: 7143671300
  • listofficekey: 3yd-MRMLSCA-PB11832
  • listagentstatelicense: 01812590
  • listofficemlsid: PB11832
  • disclaimer: Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MRMLSCA
  • yearbuilt: 1962
  • listingcontractdate: 2024-09-24
  • countyorparish: Orange
  • parcelnumber: 93910029
  • heating: Central Furnace
  • numberofunitstotal: 4
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • parkingfeatures: Assigned
  • waterfrontyn: False
  • franchiseaffiliation: RE/MAX International
  • exteriorfeatures: Community Features Included: Sidewalks, Street Lights, Lawn
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"ReMax Diamond", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[{"ExpenseCategory":"Home Owner Assessments Fee", "ExpenseFrequency":"Monthly", "ExpenseValue":900}], "GeocodeOptions":null, "LeadRoutingEmail":"Showing.josephleeteam@gmail.com", "ListBrokerageCity":"Buena Park", "ListBrokerageCountry":"US", "ListBrokerageEmail":"bmykim@gmail.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"ReMax Diamond", "ListBrokeragePhone":"(714) 523-8989", "ListBrokeragePostalCode":"90621", "ListBrokerageStateOrProvince":"CA", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"6056 Beach Blvd.", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"6281 Beach Blvd. #125", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Buena Park", "ListOfficeCountry":"US", "ListOfficeEmail":"bmykim@gmail.com", "ListOfficePostalCode":"90621", "ListOfficeStateOrProvince":"CA", "ListPriceCurrencyType":"USD", "ListingTitle":"Quadruplex - Westminster, CA", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/14260-Village-Way_Westminster_CA_92683_M27058-80285?f=listhub&s=MRMLSCA&m=PW24198214&c=rexren", "MLSModificationTimestamp":"2024-09-24T14:11:58Z", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 10/22/2024 3:54:18 PM GMT
Source Updated Date: 10/31/2024 6:52:10 AM GMT

Courtesy of: Joseph Lee, RE/MAX Diamond, Showing.josephleeteam@gmail.com

Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.