14192 Locust Street, Westminster, California 92683, Westminster, 92683 - 0 bed, 0 bath
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14192 Locust Street
Westminster, California 92683
ACTIVE
CONDITION: POOR
0Beds
0Baths
3,129Sq Ft
9,148Lot Size
Property Price
LIST PRICE$1,399,000
EST. MARKET VALUE
$1,399,340
SUMMARY
This triplex represents a High-Potential Investment Opportunity with a List Price of $1,399,000—positioned well below the $1,399,341 Fair Market Value by 0.02%. Featuring a 9,148 sqft lot and vacant delivery, this Fair Condition Rating asset allows for immediate renovation and market-rate repositioning. The property’s versatile unit mix and significant development potential offer a clear path to forced appreciation. This is a strategic acquisition ideal for Buy-and-Hold Investors or Contractors seeking to maximize rental income through comprehensive modernization.
Estimated Market Value
$1,399,340
Based on Realkey algorithm analyzing recent comparable sales in Westminster.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 14192 Locust Street Subject | $1,399,000* List Price | 0 | 0 | 3,129 | $447 | - |
A 7191 Wyoming Street Active | $1,750,000 List Price | 0 | 0 | 3,598 | $486 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Originally built in 1900, the property shows significant age with dated interiors including pink tile countertops, popcorn ceilings, and older flooring. The listing description explicitly invites contractors for a 'rehab' and 'renovation,' signaling that systems and interiors require comprehensive updates beyond simple cosmetic fixes.
PROSSTRENGTHS & OPPORTUNITIES
- Vacant Delivery
All three units will be delivered vacant, providing a rare opportunity for investors to immediately renovate and set market-rate rents without the legal complexities of existing tenancies.
- Generous Lot Size
The expansive 9,148 sqft lot offers significant potential for future expansion, the addition of ADUs, or the creation of premium outdoor living spaces to maximize property value.
- Versatile Investment Potential
With a mix of 2-bedroom/1-bath and 2-bedroom/2-bath units, the property is ideal for a variety of strategies, including traditional rental income, multi-generational living, or owner-occupancy house-hacking.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =9148, other record lot size in square feet = 8540. Living area discrepancy between mls listing and other public or private record. mls listing living area = 3129, other record living area = 1833.
- Significant Renovation Required
The property is positioned as a major rehab project, requiring a substantial additional capital investment for repairs, modernization, and reconfiguration to make it habitable or competitive.
- Historic Age
Originally built in 1900, the structure may present hidden challenges related to aging infrastructure, such as outdated electrical, plumbing, and foundation systems that may not meet current building codes.
About 14192 Locust Street
This unique Westminster property features 3 units with approximately 3.129 sqft of total building space on a generous 9,148 sqft lot. All units will be delivered VACANT! The property includes a mix of 2-bedroom, 1-bath and 2-bedroom, 2-bath units, offering flexibility for an investor looking to maximize the potential of this property. Endless possibilities! With the property delivered vacant, you have the opportunity to rehab, renovate, reconfigure, and improve the units to better suit your investment goals. Whether you’re looking to generate rental income, live in one unit and rent the others, or create a long term investment strategy, the possibilities are truly limitless.This is the kind of property where vision meets opportunity. Bring your contractor, bring your ideas, and unlock the potential this property has to offer!
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1900
- Lot Size
- 9,148 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 3,129 | - |
| Lot Size | 9,148 | - |
| Price | $1.40M | $1.03M |
| Price per sq ft | $447 | $644 |
| Built year | 1900 | 0 |
| HOA | $0 | $0 |
| Days on market | 14 | 24 |
Pricing History
Listed for Sale
Aug 26, 2026
$1,399,000
Initial Listing