14260 Village Way, Unit 23
$1,999,000
8
8
4,758
4,758
$420
Description
Exceptional Investment Opportunity in Westminster! Welcome to this remarkable 4-unit property nestled in the highly sought-after city of Westminster! With its great curb appeal and prime location, this investment offers tremendous rental potential. Each unit features assigned parking, ensuring convenience for your tenants. Spanning approximately 1,267 square feet per unit, each two-story unit includes 2 bedrooms and 1.5 baths. Enjoy your own private garden patio, perfect for relaxation and outdoor...Exceptional Investment Opportunity in Westminster! Welcome to this remarkable 4-unit property nestled in the highly sought-after city of Westminster! With its great curb appeal and prime location, this investment offers tremendous rental potential. Each unit features assigned parking, ensuring convenience for your tenants. Spanning approximately 1,267 square feet per unit, each two-story unit includes 2 bedrooms and 1.5 baths. Enjoy your own private garden patio, perfect for relaxation and outdoor activities. The main level boasts an open floor plan with a spacious living room that provides access to the patio, a cozy breakfast nook, a functional kitchen, half bath and convenient indoor laundry hookups. Upstairs, you’ll find two generously sized bedrooms, including a primary room with a walk-in closet and direct access to a full bath. This property represents a true gem with substantial upside rental potential, as current rents are below market value. You have the opportunity to live in one unit while renting out the others, enhancing your financial benefits. The condition of the units varies, with one fully remodeled, one semi-remodeled, and two in standard condition, ready for your personal touch. The HOA provides significant benefits, covering trash, common area water, maintenance, and insurance, while also maintaining the exterior, including the roof. Each unit has separate water, electric, and gas meters, and the current landlord pays for the gas and electricity for the water heaters. Centrally located near shopping, great schools, parks, grocery stores, dining, and entertainment, this property offers easy access to the 405 and 22 freeways. It has a strong history of long-term tenants, enrolled in the Section 8 program, who are eager to extend their leases. Don’t miss this once-in-a-lifetime opportunity! This property won’t last long, act now to secure your investment in Westminster today!
- Listed by Joseph Lee • DRE #01812590 • Brokerage DRE #01810882 • RE/MAX Diamond • 714-886-7571
- Listed by Christine Kim • DRE #01919773 • Brokerage DRE #01810882 • RE/MAX Diamond
Property Details for 14260 Village Way, Unit 23
Parking Spaces Total
0
Private PoolNo
Total Units4.0
Building TypeAttached
Lot Size SourcePublic Records
Living Area4758
Assessor Parcel Number939-100-29
Property Attached YNtrue
LISTING UPDATED: 09/24/2024 11:34 PM
Property Details for 14260 Village Way, Unit 23
Status | Active |
---|---|
MLS # | PW24198214 |
Days on Market | 54 |
Taxes | - |
HOA Fees | $900 / month |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1962 |
Lot Size | 2.50 AC / 108,900 SF |
County | Orange County |
Building Information for 14260 Village Way, Unit 23
Stories2Residences-Year Built1962Building Size-Lot Size2.50 AC / 108,900 SF
Property Information for 14260 Village Way, Unit 23
Property History for 14260 Village Way, Unit 23
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 14260 Village Way, Unit 23
Taxable ValueLand$1,415,043Additions$171,567Total$1,586,610
Tax Record2024$19,103 ($1,592 / month)
Home Facts
Total Finished SqFt4,758 SqFtAbove Grade Finished SqFt4,758 SqFtStyleMulti-Family Dwelling (2-4)Year Built1963CountyORANGEAPN939-100-29
Schools near 14260 Village Way, Unit 23
This home is within Westminster Elementary School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Willmore Elementary School PublicK to 6 | ||
Helen Stacey 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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