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The Westminster 10572 Torrington Cir 4 Unit Apartment Building $2,288,888 ($572,222/Unit) 4.51% Cap Rate Westminster, CA 92683
Investment Highlights
- Located in Westminster, CA ($112,914 Avg. Household Income)
- Great Unit Mix of: (1) 3 Bedroom / 2 Bath and (3) 2 Bedroom / 1.5 Bath Townhomes
- Large Corner Lot - 12,254 Sq. Ft. - Great Potentially for ADU's
- 100% Complete Remodel (2026)
- 9 Parking Spots (5 Garages, 1 Carport, and 3 Open)
- Washer and Dryer in Each Unit
Executive Summary
Beautifully renovated four-unit multifamily property located in the strong rental market of Westminster, featuring an average household income of approximately $112,914. Completed in 2026, the property has undergone a full top-to-bottom remodel and offers an attractive unit mix consisting of (1) 3-bedroom / 2-bath unit and (3) 2-bedroom / 1.5-bath units. Situated on a large corner lot totaling approximately 12,254 square feet, the property may offer future ADU construction potential (buyer to verify). Additional amenities include five garages, one carport, and three open parking spaces. Each unit is equipped with in-unit washer and dryer, enhancing tenant appeal and supporting premium market rents.
Financial Summary (Actual - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts Under Contract
| Price | $2,288,888 | Building Class | C |
| Price Per Unit | $572,222 | Lot Size | 0.28 AC |
| Sale Type | Investment | Building Size | 3,933 SF |
| Cap Rate | 4.51% | Average Occupancy | 100% |
| Gross Rent Multiplier | 15.76 | No. Stories | 2 |
| No. Units | 4 | Year Built/Renovated | 1978/2026 |
| Property Type | Multifamily | Parking Ratio | 4/1,000 SF |
| Property Subtype | Apartment | ||
| Zoning | R-4 - Multiple Family Residential | ||
| Price | $2,288,888 |
| Price Per Unit | $572,222 |
| Sale Type | Investment |
| Cap Rate | 4.51% |
| Gross Rent Multiplier | 15.76 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.28 AC |
| Building Size | 3,933 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1978/2026 |
| Parking Ratio | 4/1,000 SF |
| Zoning | R-4 - Multiple Family Residential |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1.5 | 3 | $2,995 | 911 |
| 3+2 | 1 | $3,495 | 1,200 |
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Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 108-492-67 | Total Assessment | $475,636 (2025) |
| Land Assessment | $232,127 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $243,509 (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
108-492-67
Land Assessment
$232,127 (2025)
Improvements Assessment
$243,509 (2025)
Total Assessment
$475,636 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2026
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The Westminster | 10572 Torrington Cir
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