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7012-7042 Main St
Westminster, CA 92683
Holiday West Apartments · Multifamily Property For Sale
·
88 Units
PROPERTY FACTS
| No. Units | 88 | Building Size | 71,750 SF |
| Property Type | Multifamily | Average Occupancy | 94% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1964 |
| Building Class | C | Parking Ratio | 2.07/1,000 SF |
| Lot Size | 3.10 AC |
| No. Units | 88 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 3.10 AC |
| Building Size | 71,750 SF |
| Average Occupancy | 94% |
| No. Stories | 2 |
| Year Built | 1964 |
| Parking Ratio | 2.07/1,000 SF |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Freezer
SITE AMENITIES
- Courtyard
- Laundry Facilities
- Property Manager on Site
- Online Services
ABOUT 7012-7042 MAIN ST , WESTMINSTER, CA 92683
We are suggesting the next buyer could gain an advantage from the property’s location, by continuing to modernize the interior to an even more contemporary standard to provide an enhanced living experience for the under-served millennial workforce housing demographic. Additionally we are suggesting new double pane windows to position Holiday West as best-in-class” within its direct market competition and low cost alternative to Huntington Beach properties. We are recommending the following interior upgrades: • Install quartz countertops with tile backsplash • New shaker like cabinet faces in dark cherry and / or white with modern hardware pulls • Stainless Steel appliance package that includes Microwave, stove, dishwasher and refrigerator • New pedestal sink in the bathrooms We are recommending the following other and exterior improvements: • New Double Pane windows throughout • Add USB charging outlets • New keyless smart phone door entry We are making these suggestions based on a comprehensive amenity analysis of the rental submarket. We’ve identified these upgrades as warranting the biggest impact to achieve the maximum rental value.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 44 | - | 725 |
| 2+1 | 44 | - | 900 |
PROPERTY TAXES
| Parcel Number | 096-161-17 | Improvements Assessment | $5,208,706 |
| Land Assessment | $10,062,281 | Total Assessment | $15,270,987 |
PROPERTY TAXES
