7191 Wyoming Street, Westminster, California 92683, Westminster, 92683 - 0 bed, 0 bath
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Westminster, California 92683
Analysis of 7191 Wyoming Street, Westminster, California 92683 is currently available with a list price of $1,750,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Westminster Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
The property was built in 1978 (46 years old) and lacks mention of recent major renovations to kitchens, baths, or systems. While described as well-maintained, the architecture and laundry facilities are dated, placing it in the 'Fair' category as it likely requires modernization and minor repairs consistent with its age.
The property features two large 3-bedroom/2-bathroom units and one 2-bedroom/1-bathroom unit, offering high rental capacity and appealing to a broad range of long-term family tenants.
With 5 garages and 6 driveway spaces on a corner lot, the property provides an exceptional parking ratio that significantly enhances tenant retention and marketability in a high-demand area.
The presence of four separate electric and gas meters allows for direct tenant billing, minimizing landlord overhead and simplifying the management of utility expenses.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7405, other record lot size in square feet = 7507.
The property utilizes a single water meter, requiring the landlord to manually divide costs among tenants, which increases administrative burden and the potential for billing disputes.
The owner is responsible for exterior electricity, landscaping, and trash services, which reduces the overall net operating income compared to properties with more aggressive utility pass-throughs.
Beautifully-maintained trip-plex 3 units situated on a corner lot in a desirable neighborhood. Great investment opportunity for both short-term and long-term investors, or for an owner-occupant to live in one unit and rent out the other units. Property features 3 total units. Unit 1 offers 3 bedrooms and 2 bathrooms upstairs with its own private exterior staircase. Unit 2 features 3 bedrooms and 2 bathrooms downstairs. Unit 3 offers 2 bedrooms and 1 bathroom upstairs. Approximately 3,598 SF of living space on a large 7,405 SF corner lot. Property includes 5 garages, 6 concrete driveway parking spaces, and plenty of street parking, making parking convenient for tenants and guests. There is also an emergency metal staircase located in the private backyard area. Shared laundry room is located in the backyard for all units. Property has 4 electric meters, 4 gas meters, and 1 water meter. Private front yard landscaping with palm trees, and several fruit trees in the backyard. Front and side yards are enclosed with iron fences for additional privacy. Owner pays for exterior services including trash, electricity, and landscaping service. (Trash services for all three units are included on the property tax bill) Tenants pay for their own electric and gas utilities. Water bill is divided among tenants based on the total number of occupants in all units. This property is close to a variety of essential services and retail establishments, local dining and other services, schools, markets, shopping centers, and easy access to the Fwy 22 and 405. Great income-producing properties with strong investment potential. Don’t miss this opportunity! See Agent Remarks for additional information.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 2.0 | 50% |
| Baths | 0.0 | 1.0 | 50% |
| Square foot | 3,598 | 2,599 | 50% |
| Lot Size | 7,405 | 7,840.5 | 50% |
| Price | $1.75M | $1.39M | 50% |
| Price per sq ft | $486 | $565 | 50% |
| Built year | 1978 | 1969 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 38 | 39 | 50% |
May 7, 2026
$1,750,000
Initial Listing
Mar 1, 2019
$765,000
Public Record