7771 15th St, Westminster, California 92683, Westminster, 92683 - bed, bath

7771 15th St, Westminster, California 92683 home-pic-0
ACTIVE$1,995,000
7771 15th St, Westminster, California 92683
0Bed
0Bath
3,870Sqft
11,326Lot
Year Built
1983
Close
-
List price
$2M
Original List price
$2M
Price/Sqft
$516
HOA
-
Days on market
-
Sold On
-
MLS number
PW25066372
Home ConditionGood
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $2.00M(75th), sqft - 3870(50th), beds - undefined(50th), baths - undefined(50th).

Great Location in Westminster, just off Beach Blvd. A massive lot of property for potential development. A duplex in front, 984 sqft/unit, totally upgrade inside: new paint, new laminate flooring, new kitchen and new appliances, each has two bedrooms and one bath; Unit #1 downstairs has a two-car garage attached; Unit #2 upstairs has a one-car garage; Laundry hook-up inside each unit. Unit#3 is a three-bedroom and two-bathroom house, 1984 sqft, with a remodeled kitchen, a laundry hook-up, and a two-car garage attached to an unpermitted studio behind it. Each unit has its own electric and gas meter. The property is zoned R4, Multi Family Dwelling. The prime location is near shopping, entertainment, and restaurants: Bella Tera, Costco, Rodeo 39; excess 405, 22 Fwy, and 15 minutes from the beach!

Price History

Date
Event
Price
08/20/25
Price Change
$1,995,000
03/30/25
Listing
$2,000,000
Condition Rating
Good

The property, built in 1983, has undergone significant recent interior renovations, as described by 'totally upgrade inside: new paint, new laminate flooring, new kitchen and new appliances' for the duplex units and 'remodeled kitchen' for the house. Images confirm modern, new-looking kitchens with shaker cabinets, updated countertops, and new appliances. Bathrooms also feature modern vanities, fixtures, and tiling. New laminate flooring and fresh paint are evident throughout, and recessed lighting indicates updated electrical. While the cosmetic updates are extensive and appear virtually new, the presence of a wall-mounted gas heater in one unit suggests that not all major systems (like HVAC) have been fully upgraded to modern central systems. This prevents it from achieving an 'Excellent' rating, which requires all components to be virtually new and meet current quality standards. However, the property is clearly move-in ready with no immediate renovation required, aligning well with the 'Good' criteria.
Pros & Cons

Pros

Income-Generating Triplex: The property is a triplex, offering three distinct units (a duplex and a separate house), making it an excellent residential income opportunity for investors or owner-occupiers seeking rental revenue.
Development Potential: Situated on a massive 11,326 sqft lot and zoned R4 (Multi Family Dwelling), this property presents significant potential for future expansion or redevelopment, maximizing its long-term value.
Prime Location & Accessibility: Boasting a great location just off Beach Blvd in Westminster, it offers convenient access to major freeways (405, 22 Fwy), shopping centers (Bella Tera, Costco, Rodeo 39), entertainment, restaurants, and is only 15 minutes from the beach.
Recent Interior Upgrades: The duplex units have been 'totally upgraded inside' with new paint, laminate flooring, new kitchens, and new appliances, while Unit #3 features a remodeled kitchen, reducing immediate renovation costs for a new owner.
Separate Utility Metering: Each unit benefits from its own electric and gas meter, simplifying utility management and billing for tenants, which is a significant advantage for landlords.

Cons

Unpermitted Studio: The presence of an 'unpermitted studio' attached to the two-car garage of Unit #3 poses a significant risk, potentially leading to legal issues, fines, or requiring costly legalization or demolition.
Age of Property: Built in 1983, the property is over 40 years old. While cosmetic upgrades are noted, there's a potential for older, un-upgraded core systems (e.g., plumbing, electrical, roof) that may require significant maintenance or replacement in the near future.
Lack of Central Air Conditioning Mention: The description does not specify if any of the units have central air conditioning, which is a common expectation for tenants in California and could be a drawback during warmer months, potentially impacting rental appeal.

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