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8181 20th Street 8181 20th St 2 Unit Apartment Building $1,285,000 ($642,500/Unit) 4.30% Cap Rate Westminster, CA 92683
EXECUTIVE SUMMARY
This is one of the biggest duplex in the city of Westminster that still has a lot of potential to add ADUS for additional income. Per city building official, you can build at least one ADU toward the front of the existing building. Rare find in such a highly desirable location of Westminster where it is near civic center, community parks, temples, churches, Freeways, Schools, Vietnamese restaurants and supermarket. 100% occupancy and still has rooms to increase for more rental income since current income is a bit under market value.
PROPERTY FACTS
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+3 | 1 | $3,400 | 2,000 - 2,200 |
| 2+1 | 1 | $1,900 | 1,000 - 1,211 |
1 1
Walk Score®
Very Walkable (78)
PROPERTY TAXES
| Parcel Number | 097-052-16 | Improvements Assessment | $94,823 |
| Land Assessment | $473,133 | Total Assessment | $567,956 |
PROPERTY TAXES
Parcel Number
097-052-16
Land Assessment
$473,133
Improvements Assessment
$94,823
Total Assessment
$567,956
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999 Investments, Inc.
8181 20th Street | 8181 20th St
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