14260 Village Way

Westminster, CA 92683

$1,999,000
Price
8
Beds
8
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

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, youll 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. Dont miss this once-in-a-lifetime opportunity! This property wont last long, act now to secure your investment in Westminster today!
  1. Listed by Joseph Lee • DRE #01812590 • Brokerage DRE #01810882 • RE/MAX Diamond
  2. Listed by Christine Kim • Brokerage DRE #01810882 • RE/MAX Diamond

Property Details for 14260 Village Way

City Postal ID
OC - WESTMINSTER (92683)
LISTING UPDATED: 09/25/2024 04:26 AM

Property Details for 14260 Village Way

StatusActive
MLS #PW24198214
Days on Market55
Taxes-
HOA Fees$900 / month
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type2-4 Units
Year Built-
Lot Size2.50 AC / 108,900 SF
CountyOrange County

Building Information for 14260 Village Way

Stories2Residences-Year Built-Building Size-Lot Size2.50 AC / 108,900 SF

Property Information for 14260 Village Way

Summary Information
Property and Location
  • System ID: 306272824
  • Class: 2-4 UNITS
  • Street Number Numeric: 14260
  • Street Name: Village Way
  • Directions To Property: Goldenwest / Westminster
HOA and Fees
  • Home Owner Fees: $900
  • Home Owners Fee Includes: Exterior (Landscaping), Trash Pickup, Other/Remarks
  • Monthly Total Fees: $1,018
  • CFD/Mello-Roos Fee: $1,420
  • CFD/Mello-Roos Fee Reflct: Year
Supplement
  • Supplement: 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, youll 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. Dont miss this once-in-a-lifetime opportunity! This property wont last long, act now to secure your investment in Westminster today!
Interior and Exterior Features
Exterior Features
  • Pool: N/K
Property Information
Property and Assessments
  • Total Stories: 2
  • Entry Only: No
  • Lot Size Source: City/County Records
  • Site: Sidewalks
  • Zoning: Public Rec
  • Assessors Parcel Num: 93910029
Multi Family Information
Unit 1
  • Unit Num for Unit 1: 1
  • Parking Garage Unit 1: Assigned
  • Unit 1 Num of Bedrooms: 2
  • Unit 1 Num of Total Baths: 2
  • Unit 1 Rent Actual: $2,450
Unit 2
  • Unit Num for Unit 2: 2
  • Unit 2 Num of Bedrooms: 2
  • Unit 2 Num of Total Baths: 2
  • Unit 2 Rent Actual: $2,200
Unit 3
  • Unit Num for Unit 3: 3
  • Unit 3 Num of Bedrooms: 2
  • Unit 3 Num of Total Baths: 2
  • Unit 3 Rent Actual: $2,200
Unit 4
  • Unit Num for Unit 4: 4
  • Unit 4 Num of Bedrooms: 2
  • Unit 4 Num of Total Baths: 2
  • Unit 4 Rent Actual: $2,200

Property History for 14260 Village Way

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 14260 Village Way

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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14260 Village Way is a multi-family home for sale in Westminster, CA 92683. This property was listed for sale on September 24, 2024 by RE/MAX Diamond, it's currently listed at $1,999,000. It has been on the market for a total of 55 days and was last sold on March 18, 2022. This listing's school districts are Westminster Elementary School District, Huntington Beach Union High School District. Nearby schools include Willmore Elementary School, Helen Stacey Middle School and Westminster High School. 14260 Village Way is a 8-bed, 8-bath, multi-family home.

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 RE/MAX Diamond, Joseph Lee, DRE #01812590; RE/MAX Diamond, Christine Kim

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.