13811 Cherry Street

Westminster, CA 92683

$4,199,000
Price
17
Beds
16
Baths
7,678 Sq. Ft.
$547 / Sq. Ft.
7,678
Sq. Ft.
$547
per Sq. Ft.

Description

Rare on market! Welcome to a superb property featuring eight meticulously designed units, offering a mix of two and three-bedroom layouts. The Cherry St. Apartments offer an amazing assumable loan featuring a fixed rate of 3.45% with interest-only payments. Each unit is enhanced with vinyl plank flooring, creating a modern and durable living space. Cozy up by the fireplace in the inviting living rooms or enjoy the outdoors on the large private patios and balconies. Two of the units boast expansive...Rare on market! Welcome to a superb property featuring eight meticulously designed units, offering a mix of two and three-bedroom layouts. The Cherry St. Apartments offer an amazing assumable loan featuring a fixed rate of 3.45% with interest-only payments. Each unit is enhanced with vinyl plank flooring, creating a modern and durable living space. Cozy up by the fireplace in the inviting living rooms or enjoy the outdoors on the large private patios and balconies. Two of the units boast expansive wrap-around yards, perfect for outdoor activities and relaxation. All units come with spacious walk-in closets, providing ample storage. The upstairs units are particularly striking, featuring vaulted cathedral ceilings that add an airy and luxurious touch. For added convenience, there is a community laundry room on-site, and each unit includes its own private garage. This property is located in the heart of Westminster, close to the Little Saigon shopping district; which includes lots of Vietnamese and Asian restaurants. Close to shopping centers, easy access to 405 freeway, ability to add another unit (ADU).
  1. Listed by Evon Nguyen • DRE #01716171 • Brokerage DRE #00958467 • Superior Real Estate Group • 714-943-8729

Property Details for 13811 Cherry Street

Parking Spaces Total
16
Private Pool
No
Total Units
8.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
7678
Assessor Parcel Number
096-074-19
Property Attached YN
true
LISTING UPDATED: 08/22/2024 08:21 AM

Property Details for 13811 Cherry Street

StatusActive
MLS #PW24138267
Days on Market67
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeResidential Income
Year Built1978
Lot Size0.35 AC / 15,246 SF
CountyOrange County

Building Information for 13811 Cherry Street

Stories2Residences-Year Built1978Building Size-Lot Size0.35 AC / 15,246 SF

Property Information for 13811 Cherry Street

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $3,765
  • Gross Scheduled Income: $232,380
  • Vacancy Allowance Rate: 0
  • Net Operating Income: $141,732
  • Laundry Income: $765
  • Other Income Description: 0
  • Other Income 1: $3,000
  • Cap Rate: 4.0
  • Current Financing: Assumable
Expense Details
  • Operating Expense: $90,648
  • New Taxes Expense: $42,834
  • Gardener Expense: $2,060
  • Electric Expense: $13,446
  • Insurance Expense: $3,457
  • Maintenance Expense: $6,000
  • Professional Management Expense: $14,400
  • Other Expense: $0
  • Other Expense Description: 0
  • Trash Expense: $3,972
  • Water Sewer Expense: $4,476
  • Total Expenses: $90,648
Tax / Assessment Info
  • Tax Area: 20105
  • Tax Block: C
  • Tax Tract: 1036
  • Tax Tract Number: 1036
  • Tax Lot: 46
Community / Development
Community / Development
  • Community Features: Park
Property / Structure Info
Interior Features
  • Appliances: Disposal
  • Equipment: Community
  • Laundry: Yes
  • Laundry Features: Community
Exterior Features
  • Entry Location: 1
  • Foundation Details: Slab
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Additional Parcels Description: no
  • Lot Features: 21-25 Units/Acre
  • Number Of Units: 8
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 8
  • Parking: Yes
  • Parking Garage: Garage - 1 Car
  • Uncovered Spaces: 8
  • Open Other Spaces Total: 8
  • Parking Garage Spaces: 8
  • Carport Spaces: 0
  • Parking Features: Garage - Single Door
Property / Structure Info
  • Builders Tract Name: Other
  • Builders Tract Code: Other (OTHR)
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,470
  • Unit Type Total Rent: $2,470
  • Unit Type Pro Forma: 2470
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,350
  • Unit Type Total Rent: $2,350
  • Unit Type Pro Forma: 2350
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,645
  • Unit Type Total Rent: $2,645
  • Unit Type Pro Forma: 2650
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,400
  • Unit Type Total Rent: $2,400
  • Unit Type Pro Forma: 2400
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,350
  • Unit Type Total Rent: $2,350
  • Unit Type Pro Forma: 2350
  • Unit Type Type: 5
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,350
  • Unit Type Total Rent: $2,350
  • Unit Type Pro Forma: 2350
  • Unit Type Type: 6
Unit 7
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,250
  • Unit Type Total Rent: $2,250
  • Unit Type Pro Forma: 2250
  • Unit Type Type: 7
Unit 8
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,550
  • Unit Type Total Rent: $2,550
  • Unit Type Pro Forma: 2550
  • Unit Type Type: 8
Unit Information
  • Number Of Units Leased: 9
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1
  • Number With Dishwasher: 0
  • Number With Range: 8
  • Number With Refrigerator: 0
  • Number With Carpet: 0
  • Number With Disposal: 8
  • Number With Drapes: 0
  • Number With Patio: 8
  • Number Wall AC: 0

Property History for 13811 Cherry Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 13811 Cherry Street

Taxable ValueLand$3,166,675Additions$483,325Total$3,650,000
Tax Record2023$42,834 ($3,569 / month)
Home Facts
Total Finished SqFt7,678 SqFtAbove Grade Finished SqFt7,678 SqFtStories2Lot Size15,189 SqFtStyleMulti-Family Res (5+ Units)Year Built1978CountyORANGEAPN096-074-19

Schools near 13811 Cherry Street

This home is within Westminster Elementary School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Schmitt Elementary School
PublicK to 5

Johnson Middle School
Public6 to 8

Westminster High School
Public9 to 12

Coast High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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13811 Cherry Street is a mixed use property for sale in Westminster, CA 92683. This property was listed for sale on July 10, 2024 by Superior Real Estate Group, it's currently listed at $4,199,000. It has been on the market for a total of 67 days and was last sold on November 23, 2022. This listing's school districts are Westminster Elementary School District, Huntington Beach Union High School District. Nearby schools include Schmitt Elementary School, Johnson Middle School and Westminster High School. 13811 Cherry Street is a 17-bed, 16-bath, 7,678 sqft mixed use property built in 1978.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Superior Real Estate Group, Evon Nguyen, DRE #01716171

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.