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Executive Summary

Located in a high-demand Westminster neighborhood, this pride-of-ownership fourplex features a rare and versatile unit mix, including a massive three-bedroom, two-bathroom front unit alongside two spacious two-bedroom units and one one-bedroom unit. The entire property has been meticulously renovated and is fully leased at current market rates, offering an immediate turnkey investment with strong "bread and butter" stability. Residents benefit from exceptional amenities such as on-site laundry facilities and a superior parking ratio of nine total spaces, consisting of four private garages and five open surface spots.
The asset is strategically positioned within a mile of the Walmart Supercenter and major retail hubs, providing a "walkable" lifestyle that appeals to long-term tenants. With separate meters for gas and electricity, the property maintains low owner expenses while sitting in a tight inventory market with a high 8/10 GreatSchools rated high school nearby. This offering represents a premier opportunity to acquire a renovated, income-producing asset in a sub-market known for its consistent rental demand and proximity to the I-405 and CA-22 freeways.

Property Facts

Price $2,085,000
Price Per Unit $521,250
Sale Type Investment
Cap Rate 4.74%
Sale Condition 1031 Exchange
Gross Rent Multiplier 14.3
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.17 AC
Building Size 7,376 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1965/2026
Parking Ratio 0.68/1,000 SF

Amenities

  • Smoke Detector

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Storage Space
  • Heating
  • Refrigerator
  • Oven
  • Walk-In Closets

Site Amenities

  • Laundry Facilities

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 1 $2,123 700
2+1 1 $2,723 900
2+2 1 $2,823 1,000
3+2 1 $3,845 1,300
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
20/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
096-262-13
Land Assessment
$293,366
Improvements Assessment
$208,464
Total Assessment
$501,830
  • Listing ID: 40481748

  • Date on Market: 5/11/2026

  • Last Updated:

  • Address: 13561 Arizona St, Westminster, CA 92683

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