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9172 Chelsea, Westminster, California 92683, Westminster, 92683 - 3 bed, 2 bath

9172 Chelsea, Westminster, California 92683 home-pic-0
ACTIVE UNDER CONTRACT$1,039,888$1,520/sqft
Est. Value: $964,069
-7%
AboveEstimate
9172 Chelsea, Westminster, California 92683
3Beds
2Baths
1,520Sqft
6,000Lot

Price Vs. Estimate

The estimated value ($964,068.7) is $75,819.3 (7%) lower than the list price ($1,039,888). This property may be overpriced.

Key pros and cons

Top Pros:
Significant Value-Add Potential: Described as a 'fixer-upper opportunity' with 'tremendous value-add potential for renovation or customization,' appealing to investors and buyers seeking equity growth.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1520, other record living area = 1481.

Compared to the nearby listings

Price:$1.04M vs avg $1.10M ($-60,112)36%
Size:1,520 sqft vs avg 1,655.5 sqft42%
Price/sqft:$684 vs avg $65955%

More Insights

Built in 1968 (58 years old).
Condition: Built in 1968 and described as a 'fixer-upper' in 'largely original condition,' this property requires substantial renovation. The kitchen features outdated wood cabinets and tiled countertops, while the bathrooms have older vanities and fixtures, including a dated corner shower. Flooring is a mix of older tile and worn carpet. While it has 'good bones,' the major systems and aesthetics need significant rehabilitation to meet modern standards.
Year Built
1968
Close
-
List price
$1.04M
Original List price
$1.04M
Price/Sqft
$684
HOA
-
Days on market
-
Sold On
-
MLS number
PW25271009
Home ConditionPoor
Features
Patio
View-

About this home

Welcome to 9172 Chelsea Circle, a wonderful fixer-upper opportunity in a highly desirable Westminster neighborhood. This home is in largely original condition and ready for a new owner to bring their vision to life. With good bones and a permitted addition expanding the gross living area, it offers tremendous value-add potential for renovation or customization. The spacious backyard and covered patio create an ideal setting for outdoor entertaining or expansion possibilities. Perfect for investors, flippers, or buyers seeking a home to make their own, this property is a true diamond in the rough with endless possibilities. Ideally located near the vibrant Little Saigon district with its renowned dining, shopping, and cultural attractions, and served by the Westminster School District and Garden Grove Unified School District, this home combines opportunity, convenience, and strong long-term potential.

H
Hani Mudawar
Listing Agent
Condition Rating
Poor
Built in 1968 and described as a 'fixer-upper' in 'largely original condition,' this property requires substantial renovation. The kitchen features outdated wood cabinets and tiled countertops, while the bathrooms have older vanities and fixtures, including a dated corner shower. Flooring is a mix of older tile and worn carpet. While it has 'good bones,' the major systems and aesthetics need significant rehabilitation to meet modern standards.
Pros & Cons

Pros

Significant Value-Add Potential: Described as a 'fixer-upper opportunity' with 'tremendous value-add potential for renovation or customization,' appealing to investors and buyers seeking equity growth.
Prime Westminster Location: Situated in a 'highly desirable Westminster neighborhood' with proximity to the 'vibrant Little Saigon district,' offering cultural attractions, dining, and shopping.
Strong School Districts: Benefits from being served by both Westminster School District and Garden Grove Unified School District, a key draw for families.
Outdoor Living & Expansion Opportunities: Features a 'spacious backyard and covered patio,' providing excellent potential for outdoor entertaining or future expansion.
Legal Expansion (Permitted Addition): Includes a 'permitted addition expanding the gross living area,' indicating a legitimate increase in usable space and inherent property value.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1520, other record living area = 1481.
Extensive Renovation Required: The property is in 'largely original condition' and marketed as a 'fixer-upper,' necessitating significant updates and modernization.
Upfront Investment for Improvements: Buyers should anticipate substantial upfront costs for renovations to bring the home to modern standards and maximize its potential.
Potential for Unknown Issues: As an older home in original condition, there's a higher likelihood of encountering unforeseen repair needs during renovation.
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