
Westminster, California 92683
This property presents a High-Potential Investment Opportunity with a List Price of $1,100,000, positioned slightly above the $1,078,504 Fair Market Value. While not a discount play, the Dual-Unit Configuration on a large 8,276 sqft corner lot offers significant upside for forced appreciation. With a Fair Condition Rating, this asset requires a comprehensive renovation strategy to modernize the dated systems. The property is an ideal acquisition for Buy-and-Hold Investors or Multi-Generational Families looking to leverage the ADU potential in a path-of-progress neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 14142 Locust Subject 0 bd · 0 ba · 2,300 sqft · $469 | $1,100,000* List Price | 0 | 0 | 2,300 | $469 | - |
A 14192 Locust Street Active 0 bd · 0 ba · 3,129 sqft · $447 · 0.1 mi | $1,399,000 List Price | 0 | 0 | 3,129 | $447 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1949 and marketed as an 'add value play,' this property is a significant fixer-upper. The description emphasizes 'potential' and 'vision,' indicating that the kitchens, bathrooms, and major systems are likely original or severely dated. The exterior shows deferred maintenance and neglected landscaping, consistent with a property needing a full rehab.
The property features two distinct homes (2BR/1BA and 4BR/2BA) on a single lot, offering exceptional flexibility for multi-generational living or immediate rental income generation.
Situated on a spacious 8,276 sqft corner lot, the property provides ample room and accessibility for potential ADU additions, maximizing the long-term utility and value of the land.
Located in a 'path of progress' neighborhood, this property serves as a prime investment for buyers looking to build significant equity through strategic renovations and modernization.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2300, other record living area = 1348.
Originally built in 1949, the structures may require substantial capital expenditure for system updates, structural maintenance, or cosmetic improvements to meet modern standards.
The property lacks any significant views, which may limit its aesthetic appeal and competitive positioning compared to other residential income properties in the region.
14142 Locust Street offers a unique opportunity with two homes on one large corner lot, creating significant value and exciting upside potential. The front home feature 2 bedrooms and 1 bathrooms with a garage, while the rear home offers an additional 4 bedrooms and 2 bathrooms . With two separate living spaces, a desirable corner-lot location, and a property situated in an area with potential for future growth and revitalization, this is an opportunity for investors, multi-generational families, or buyers looking to maximize the property's long-term value. This is a great ADD VALUE PLAY. The combination of land, two homes, and location makes this a property with tremendous potential. With the right vision and improvements, the possibilities are substantial. This is two homes on a corner lot with a ton of sunlight and potential for ADU'S in a path of progress neighborhood.
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 | 2,300 | 4,215 |
| Lot Size | 8,276 | 7,405 |
| Price | $1.10M | $1.50M |
| Price per sq ft | $478 | $556 |
| Built year | 1949 | 1961 |
| HOA | $0 | $0 |
| Days on market | 10 | 42 |
Oct 15, 2026
$1,100,000
Initial Listing
Jun 4, 2013
$550,000
Public Record
Apr 19, 2004
$419,000
Public Record