
Westminster, California 92683
This High-Potential Investment Opportunity is currently listed at a List Price of $1,850,000, which is positioned above the $1,642,931 Fair Market Value. While the property carries a premium, it offers immediate stability as a Buy-and-Hold Investor asset, currently generating $8,000 in monthly income. Featuring a Mint Condition Rating with recent quartz and LVP upgrades, this 5-bedroom home provides a low-maintenance, tenant-occupied structure. It is an ideal acquisition for Portfolio Investors seeking long-term, predictable cash flow in a prime Westminster location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16092 Feltham Subject | $1,850,000* List Price | 0 | 0 | 2,357 | $697 | - |
A 16181 Huxley Sold | $1,470,000 | 4 | 3 | 2,357 | $624 | 0.1 mi |
B 8891 Pebble Beach Sold | $1,575,000 | 5 | 4 | 2,370 | $665 | 0.5 mi |
C 8762 St Andrews Avenue Sold | $1,445,000 | 4 | 3 | 2,182 | $662 | 0.4 mi |
D 15402 Balboa Street Sold | $1,490,000 | 4 | 4 | 2,510 | $594 | 0.7 mi |
E 9461 Lotus Sold | $1,350,000 | 4 | 3 | 1,751 | $771 | 0.9 mi |
F 16242 Quartz Active Under Contract | $1,448,000 List Price | 4 | 3 | 2,357 | $614 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1977, the property has undergone significant recent renovations within the last 5 years. The kitchen features modern two-tone cabinetry, quartz countertops, stainless steel appliances, and updated LVP flooring. The interior shows recessed lighting and contemporary fixtures, indicating a mint-condition, move-in-ready status.
The property generates a robust $8,000 monthly income with a 5-year lease and 3% annual escalations, offering immediate cash flow and long-term financial stability for investors.
Tenants are responsible for all utilities and day-to-day operating expenses, significantly reducing the management burden and operational costs for the owner.
Featuring 5 bedrooms and recent upgrades like quartz countertops and recessed lighting, the home provides a versatile and modern living space situated on a quiet cul-de-sac.
Although tenants cover daily expenses, the owner remains responsible for all repairs on a structure built in 1977, which could lead to unpredictable capital expenditures.
The property is sold as a tenant-occupied investment with a long-term lease, which restricts the ability for an owner-user to occupy the home or for the owner to reposition the asset in the short term.
Rare opportunity to acquire one of four tenant-occupied investment properties available individually or as part of a premier Orange County residential income portfolio. This property is currently leased at $8,000 per month under a 5-year lease with a 5-year extension option and 3% annual rent increases, providing immediate income and long-term stability for investors.This spacious two-story home offers approximately 2,357 square feet with 5 bedrooms, 3 bathrooms, and an attached two-car garage. The partially upgraded interior features quartz countertops, recessed lighting, spacious living and dining areas, and a flexible floor plan designed for comfortable living.Situated on a quiet cul-de-sac in a desirable Westminster neighborhood, the property is conveniently located near shopping, restaurants, parks, schools, and major freeway access. Tenants currently pay all utilities and day-to-day operating expenses, while the owner is responsible for property taxes, insurance, and repairs.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 3.4 |
| Baths | 0.0 | 2.2 |
| Square foot | 2,357 | 1,671.576 |
| Lot Size | 6,060 | 6,418.085 |
| Price | $1.85M | $1.18M |
| Price per sq ft | $785 | $683 |
| Built year | 1977 | 1964 |
| HOA | $0 | $420 |
| Days on market | 45 | 38 |
Jul 26, 2026
$1,850,000
Initial Listing
Aug 27, 2021
$1,000,000
Public Record