8231 20th, Westminster, California 92683, Westminster, 92683 - 3 bed, 1 bath
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8231 20th
Westminster, California 92683
ACTIVE
CONDITION: POOR
3Beds
1Baths
1,044Sq Ft
6,516Lot Size
Property Price
LIST PRICE$1,075,000
EST. MARKET VALUE
$1,017,152
5% AboveMARKET VALUE
SUMMARY
This property represents a High-Potential Investment Opportunity, listed at a List Price of $1,075,000—positioned above the $1,017,153 Fair Market Value. While the price reflects a premium, the 6,516 sqft lot offers significant ADU Development Potential, providing a clear path to increase rental yield. With a Condition Rating of 5, the home is ready for strategic value-add renovations. This asset is well-suited for Buy-and-Hold Investors or Owner-Occupants looking to leverage Orange County residential income potential through long-term improvements.
Estimated Market Value
$1,017,152
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 |
|---|---|---|---|---|---|---|
★ 8231 20th Subject 3 bd · 1 ba · 1,044 sqft · $974 | $1,075,000* List Price | 3 | 1 | 1,044 | $974 | - |
A 7812 12th Sold 2 bd · 1 ba · 888 sqft · $1,239 · 0.7 mi | $1,100,000 | 2 | 1 | 888 | $1,239 | 0.7 mi |
B 7802 22nd Street Active 3 bd · 2 ba · 1,057 sqft · $913 · 0.4 mi | $965,000 List Price | 3 | 2 | 1,057 | $913 | 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.
Built in 1953 (71 years old) with no mention of recent renovations, this property exceeds the 30-50 year threshold for needing a full rehab. The description's focus on 'investment opportunity' and 'ADU potential' suggests the existing kitchen, bath, and systems are significantly dated and likely require major updates to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- ADU Development Potential
The property features a generous 6,516 sqft lot with explicit potential for adding an Accessory Dwelling Unit (ADU), providing a significant opportunity to increase total property value and rental yield.
- Turnkey Investment Opportunity
Currently tenant-occupied and maintained with pride of ownership, this residence is ideally positioned as a ready-to-go addition to a residential income portfolio in a quiet neighborhood.
- Prime Location and Accessibility
Situated in a highly convenient Westminster location, the property offers easy access to major freeways, local schools, parks, and diverse shopping and dining options.
CONSRISKS & DEFICIENCIES
- Limited Bathroom Count
The 3-bedroom layout is serviced by only a single bathroom, which may limit appeal for larger families and modern buyers who typically expect at least two bathrooms at this price point.
- High Price per Square Foot
At a list price of $1,075,000 for 1,044 square feet, the property commands a premium price-per-square-foot that may be challenging for some buyers given the 1953 year of construction.
About 8231 20th
This property represents a great investment opportunity and offers true pride of ownership. It is currently tenant-occupied and situated in a quiet neighborhood, making it ideal as an individual rental or as part of Orange County residential income portfolio. There is a great potential for adding an ADU. Plenty of parking spaces. The location is conveniently close to shopping, dining, parks, schools, and major freeway access.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1953
- Lot Size
- 6,516 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 Full, 0 Half)
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 | 3.0 | 3.5 |
| Baths | 1.0 | 2.1 |
| Square foot | 1,044 | 1,655.338 |
| Lot Size | 6,516 | 6,433.62 |
| Price | $1.07M | $1.18M |
| Price per sq ft | $1.0K | $692 |
| Built year | 1953 | 1963 |
| HOA | $0 | $420 |
| Days on market | 22 | 42 |
Pricing History
Listed for Sale
Oct 3, 2026
$1,075,000
Initial Listing
Sold
Jan 2, 2013
$352,000
Public Record