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7661-7681 Baylor Dr
Westminster, CA 92683
Beach West Apartments · Multifamily Property For Sale
·
54 Units
PROPERTY FACTS
| No. Units | 54 | Lot Size | 1.52 AC |
| Property Type | Multifamily | Building Size | 44,487 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1963 |
| Building Class | C | ||
| Zoning | R-5 | ||
| No. Units | 54 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.52 AC |
| Building Size | 44,487 SF |
| No. Stories | 2 |
| Year Built | 1963 |
| Zoning | R-5 |
AMENITIES
UNIT AMENITIES
- Cable Ready
- Heating
- Ceiling Fans
- Kitchen
- Satellite TV
- Oven
- Range
- Tub/Shower
- Carpet
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
- Recycling
- Walk-Up
- Smoke Detector
ABOUT 7661-7681 BAYLOR DR , WESTMINSTER, CA 92683
Marcus & Millichap, as the exclusive listing agent, is pleased to present Beach West Apartments, a 54-unit multifamily investment property centrally located in the city of Westminster, California. The property enjoys easy access to the local freeways, is close to major employers, parks, the beach, and a number of small and large retail centers. Situated on a 1.51-acre lot, the 44,487 square foot property consists of one-bedroom and two-bedroom floor plans. Built in 1963, the property offers amenities including on-site laundry and ample parking spaces. Beach West Apartments, along with most apartment product in the city, have enjoyed strong rental growth and growing tenant demand over the past few years. Specifically, the Westminster submarket has seen strong year-over-year effective rent gains of 7.1% and has overall occupancy rates above 97.9%. Given the strength of the apartment fundamentals in the city of Westminster, Beach West Apartments is well positioned to capture a meaningful share of the dynamic market’s continued growth.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 20 | $1,125 | 700 |
| 2+1 | 34 | $1,366 | 895 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $2,377,104 | |
| Land Assessment | $17,754,009 | Total Assessment | $20,131,113 |
PROPERTY TAXES
