
Westminster, California 92683
This Residential Income Quadruplex represents a Strong Value Opportunity, listed at $2,050,000—positioned well below the $2,262,727 Fair Market Value by 9%. This valuation gap offers $212,727 in Instant Equity for the buyer. Featuring a Condition Rating of 2, the property is fully renovated and turnkey. With a rare unit mix, nine parking spaces, and proximity to an 8/10 GreatSchools rated high school, this is a premier acquisition for Buy-and-Hold Investors or Owner-Occupants seeking immediate, stable cash flow.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 13561 Arizona Subject | $2,050,000* List Price | 0 | 0 | 4,215 | $537 | - |
A 7781 15th Street Active | $2,325,000 List Price | 0 | 0 | 3,836 | $606 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1961, the property has undergone a meticulous recent renovation. Interior images show modern, high-end bathroom finishes including shaker-style cabinetry, quartz countertops, and contemporary black hardware. The exterior is well-maintained with newer windows and garage doors, and the description confirms updated separate utility meters, making it a turnkey asset.
The property is meticulously renovated and 100% leased at current market rates, providing immediate cash flow and eliminating the need for initial capital improvements.
With nine total parking spaces—including four private garages—for only four units, the property offers a rare and highly desirable amenity that enhances tenant retention.
The inclusion of a massive three-bedroom, two-bathroom front unit is rare for a quadruplex, offering versatility for owner-occupants or high-value long-term rentals.
The property was recently sold within the past year on 2025-10-17. The sold price is $1,650,000.00.
Originally built in 1961, the property may possess aging underlying systems typical of its era, which could require long-term maintenance despite recent renovations.
At a list price of $2.05 million, the high price-per-unit may result in a lower capitalization rate, potentially limiting appeal for investors seeking high immediate yields.
Located in a high-demand Westminster neighborhood, this pride-of-ownership fourplex features a rare and versatile unit mix, including a massive three-bedroom, two-bathroom front unit alongside two spacious two-bedroom units and one one-bedroom unit. The entire property has been meticulously renovated and is fully leased at current market rates, offering an immediate turnkey investment with strong "bread and butter" stability. Residents benefit from exceptional amenities such as on-site laundry facilities and a superior parking ratio of nine total spaces, consisting of four private garages and five open surface spots. The asset is strategically positioned within a mile of the Walmart Supercenter and major retail hubs, providing a "walkable" lifestyle that appeals to long-term tenants. With separate meters for gas and electricity, the property maintains low owner expenses while sitting in a tight inventory market with a high 8/10 GreatSchools rated high school nearby. This offering represents a premier opportunity to acquire a renovated, income-producing asset in a sub-market known for its consistent rental demand and proximity to the I-405 and CA-22 freeways.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 4,215 | - |
| Lot Size | 7,405 | - |
| Price | $2.05M | $1.03M |
| Price per sq ft | $486 | $644 |
| Built year | 1961 | 0 |
| HOA | $0 | $0 |
| Days on market | 9 | 24 |
Jul 13, 2026
$2,050,000
Initial Listing
Oct 17, 2025
$1,650,000
Public Record