7883 16th St

Westminster, CA 92683

$1,650,000
Last Sold Price
9
Beds
4
Baths
3,240 Sq. Ft.
$509 / Sq. Ft.
3,240
Sq. Ft.
$509
per Sq. Ft.
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Closed 11/12/24
Closed 11/12/24

Description

Discover 7883 16th Street, a versatile four-plex in Westminster, California, ideal for investors seeking rental income and zoned for mixed use development potential. This property features a standalone two-bedroom, one-bath house (built in 1927) and a duplex with two units (built in 1962), one offering two bedrooms and one bath and the other offering three bedrooms and one bath. Additionally, there is a two-bedroom, one-bath unit (built in 1962) located above the garage. Roof replacements for the...Discover 7883 16th Street, a versatile four-plex in Westminster, California, ideal for investors seeking rental income and zoned for mixed use development potential. This property features a standalone two-bedroom, one-bath house (built in 1927) and a duplex with two units (built in 1962), one offering two bedrooms and one bath and the other offering three bedrooms and one bath. Additionally, there is a two-bedroom, one-bath unit (built in 1962) located above the garage. Roof replacements for the duplex and front house were completed in 2020. The three bedroom owner occupied unit features a garage converted into a third bedroom, formal dining, custom-tiled shower, and a kitchen with in-unit laundry. Central to shopping, schools and entertainment with easy transport access. Three of the units are rented to long-term tenants, ensuring stable occupancy and consistent income. Viewings are drive-by only; please do not disturb tenants or the owner. Offers are to be made subject to interior inspection, presenting a great opportunity for immediate returns and future expansions. The property is located in a Mixed-Use 40 Units/Acre (MU40) district. The MU40 district is intended to provide for a mix of compatible residential and nonresidential uses with densities up to 40 units per acre. Reach out to the City of Westminster Planning and Zoning to verify all information.

Property Details for 7883 16th Street

Parking Spaces Total
4
Private Pool
No
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
3240
Assessor Parcel Number
096-332-24
Property Attached YN
true
LISTING UPDATED: 12/10/2024 04:08 AM

Property Details for 7883 16th Street

StatusClosed
MLS #OC24199139
Days on Market9
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1962
Lot Size0.25 AC / 11,046 SF
CountyOrange County
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Location

Listing Courtesy of Compass, Craig Ratowsky, DRE #00608046; Compass, Justin Ratowsky, DRE #02026158

Sold By Compass, Justin Ratowsky, DRE #02026158; Compass, Craig Ratowsky, DRE #00608046

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Building Information for 7883 16th Street

Stories2Residences-Year Built1962Building Size-Lot Size0.25 AC / 11,046 SF

Payment Calculator

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$9,685 per month

30 year fixed, 6.15% Interest

Principal and Interest

$8,042

Property Taxes

$1,643

HOA Dues

$0

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Property Information for 7883 16th Street

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $51,960
  • Gross Scheduled Income: $51,960
  • Net Operating Income: $42,143
  • Number Of Rented Garages: 0
  • Garage Income: $0
  • Laundry Income: $0
  • Financing: Conventional
Expense Details
  • Operating Expense: $9,817
  • Gardener Expense: $2,100
  • Licenses Expense: $169
  • Insurance Expense: $3,000
  • Trash Expense: $1,680
  • Water Sewer Expense: $2,868
  • Total Expenses: $9,817
Tax / Assessment Info
  • Tax Block: B
  • Tax Tract Number: 845
  • Tax Census Tract: 998.02
  • CFD/Mello-Roos Fee: $1,430
  • Tax Lot: 33
Community / Development
Community / Development
  • Community Features: Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: In Garage, Inside
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Heating Type: Wall
  • Heating: Wall Furnace
  • Flooring: Carpet
Exterior Features
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Roof: Composition, Flat
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Pool Heat: N/K
  • Spa Features: None
  • Spa Heat: N/K
Land/Lot Info
  • Lot Features: Lot 10000-19999 Sqft, Sprinkler System
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking: Yes
  • Parking Garage: Garage
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
  • Parking Features: Garage
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: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,800
  • Unit Type Total Rent: $1,800
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,600
  • Unit Type Total Rent: $1,600
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $930
  • Unit Type Total Rent: $930
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2800
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 3
  • Rent Controlled: No
  • Number Of Buildings: 3
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number With Dishwasher: 3
  • Number With Range: 4
  • Number With Disposal: 4

Property History for 7883 16th Street

DateEvent & SourcePriceAppreciation
Dec 14, 2025

Sold (Public Record)

Public Record #1923045235

$1,650,000—
Nov 12, 2024

Sold

CRMLS #OC24199139

$1,650,000—
Nov 12, 2024

Sold

CLAW #OC24199139MR

$1,650,000—
Nov 12, 2024

Sold

SDMLS #OC24199139

$1,650,000—
Oct 9, 2024

Sold (Public Record)

Public Record #1544671255

$1,650,000—
Oct 4, 2024

Pending

SDMLS #OC24199139

—
Oct 4, 2024

Pending

CLAW #OC24199139MR

—
Oct 4, 2024

Accepting Backup Offers

CRMLS #OC24199139

—
Oct 4, 2024

Accepting Backup Offers

CLAW #OC24199139MR

—
Sep 25, 2024

Listed (Active)

CRMLS #OC24199139

$1,650,000—
Sep 23, 2024

Listed (Active)

CLAW #OC24199139MR

$1,650,000—
Sep 23, 2024

Listed (Active)

SDMLS #OC24199139

$1,650,000—
DateEvent & SourcePrice
12/14/2025

Sold (Public Record)

Public Record #1923045235

$1,650,000
11/12/2024

Sold

CRMLS #OC24199139

$1,650,000
11/12/2024

Sold

CLAW #OC24199139MR

$1,650,000
11/12/2024

Sold

SDMLS #OC24199139

$1,650,000
10/09/2024

Sold (Public Record)

Public Record #1544671255

$1,650,000
10/04/2024

Pending

SDMLS #OC24199139

—
10/04/2024

Pending

CLAW #OC24199139MR

—
10/04/2024

Accepting Backup Offers

CRMLS #OC24199139

—
10/04/2024

Accepting Backup Offers

CLAW #OC24199139MR

—
09/25/2024

Listed (Active)

CRMLS #OC24199139

$1,650,000
09/23/2024

Listed (Active)

CLAW #OC24199139MR

$1,650,000
09/23/2024

Listed (Active)

SDMLS #OC24199139

$1,650,000

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

Public Records for 7883 16th Street

Taxable ValueLand$1,483,698Additions$166,302Total$1,650,000
Tax Record2025$19,716 ($1,643 / month)
Home Facts
Total Finished SqFt3,240 SqFtAbove Grade Finished SqFt3,240 SqFtStories2Lot Size11,046 SqFtStyleQuadraplexYear Built1962CountyORANGEAPN096-332-24

Schools near 7883 16th Street

This home is within Westminster Elementary School District.
Rating
School
Type
Grades
Distance
Webber Elementary School
Public - K to 6
Helen Stacey Middle School
Public - 6 to 8
Westminster High School
Public - 9 to 12
Coast High School
Public - 9 to 12
Rating
School
Distance
Webber 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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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, Inc., its subsidiaries, affiliates and their agents and associated third parties 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 Compass, Craig Ratowsky, DRE #00608046; Compass, Justin Ratowsky, DRE #02026158

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.