13811 Cherry, Westminster, CA 92683
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13811 Cherry Westminster, CA 92683

$4,199,000
  • 17 Beds
  • 16 Baths
  • 7,678 Sq.Ft.
For Sale
$4,199,000 Get Pre-Qualified

Map preview of 13811 Cherry, Westminster, CA 92683

Property Overview: 13811 Cherry Westminster, CA has 17 bedrooms, 16 bathrooms, 7,678 living square feet and 15,246 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: RARE ON MARKET!! Welcome to a superb property featuring eight meticulously designed units, offering a mix of two and three-bedroom layouts. The Cherry St. Apartments offer an amazing assumable loan featuring a fixed rate of 3.45% with interest-only payments. Each unit is enhanced with vinyl plank flooring, creating a modern and durable living space. Cozy up by the fireplace in the inviting living rooms or enjoy the outdoors on the large private patios and balconies. Two of the units boast expansive wrap-around yards, perfect for outdoor activities and relaxation. All units come with spacious walk-in closets, providing ample storage. The upstairs units are particularly striking, featuring vaulted cathedral ceilings that add an airy and luxurious touch. For added convenience, there is a community laundry room on-site, and each unit includes its own private garage. This property is located in the heart of Westminster, close to the Little Saigon shopping district; which includes lots of Vietnamese and Asian restaurants. Close to shopping centers, easy access to 405 freeway, ability to add another unit (ADU).

Listed by Evon Nguyen | BRE #01716171 | Superior Real Estate Group
Last checked: 3 minutes ago | Last updated: August 22nd, 2024 | Source CRMLS | DOM: 55

Home details

Lot Sq. Ft
15,246
HOA Dues
$0/mo
Year built
1978
Garage
8 Car
Property Type:
Mixed Use
Status
Active
MLS#
PW24138267
City
Westminster
County
Orange
Time on Site
56 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 1
  • # of Leased Units: 9
  • # of Electric Meters: 8
  • # of Gas Meters: 8
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,250
  • Total Rent: $2,250
  • Pro Forma/Market Rent: $2,250
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,470
  • Total Rent: $2,470
  • Pro Forma/Market Rent: $2,470
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,350
  • Total Rent: $2,350
  • Pro Forma/Market Rent: $2,350
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,645
  • Total Rent: $2,645
  • Pro Forma/Market Rent: $2,650
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,400
  • Total Rent: $2,400
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,350
  • Total Rent: $2,350
  • Pro Forma/Market Rent: $2,350
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,350
  • Total Rent: $2,350
  • Pro Forma/Market Rent: $2,350
Unit Breakdown 8
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,550
  • Total Rent: $2,550
  • Pro Forma/Market Rent: $2,550
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $232,380
  • Net Operating Income: $141,732
  • Gross Operating Income: --
  • Laundry Income: $765
  • Other Income 1: $3,000
  • Other Income Description: 0
Annual Expense Breakdown
  • Total Operating Expense: $90,648
  • Electric: $13,446
  • New Taxes: $42,834
  • Trash: $3,972
  • Gardener: $2,060
  • Insurance: $3,457
  • Maintenance: $6,000
  • Professional Management: $14,400
  • Water/Sewer: $4,476
  • Other Expenses: $0
  • Other Expense Description: 0

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Property Details for 13811 Cherry

Interior Features
Laundry Information
  • Has Laundry
  • Community
Kitchen Information
  • Has Appliances
  • Disposal
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 8
  • # of Parking Spaces: 16
  • Has Parking
  • Parking Features: Garage - Single Door
Lot Information
  • Lot Features: 21-25 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 8
  • Parcel Number: 09607419
  • Year Built Source: Assessor
  • Entry Level: 1
  • Foundation Details: Slab
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: none
  • Directions: North of Westminster Blvd, east or Golden West
Neighborhood Information
  • Community Features: Park
View more facts & features

Local Westminster Agent

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Sale History for 13811 Cherry

View property's historical transactions
  • July, 2024

  • Jul 13, 2024

    Date

    Active

    CRMLS: PW24138267

    $4,350,000

    Price

Tax History for 13811 Cherry

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

13811 Cherry is listed 282.07% higher than the median list price for the city of Westminster which has a median list price of $1,099,000. The median price per/sqft for Westminster is $624 and this home is listed at $546.89 per/sqft which puts the price per square foot 12.36% lower than the median price per square foot for the city of Westminster.

About 13811 Cherry

Detailed summary of property

13811 Cherry is a mixed use located in Westminster, CA 92683 and is currently for sale. This mixed use property offers 17 bedrooms, 16 bathrooms, roughly 7,678 living square feet, and sits on an approximately 15,246 square foot lot. 13811 Cherry was first listed on ArdentRealEstateGroup.com on July 13, 2024. The homeowner is currently asking $4,199,000 and was originally asking $4,350,000. The median priced home in Westminster is $1,099,000 with a median price per square foot of $624. Based on Ardent Real Estate Group's Westminster Market Data, this home is listed 282.07% higher than the median priced home. Local competing homes currently for sale include 7836 Stewart And Gray Rd, 363 Park Ave and 233 S Bandy Ave. While the average home in Westminster, CA is selling in 41 days, 13811 Cherry has a days on market of 55 days. There are currently 64 homes for sale in the Westminster real estate market and 57 of them are single family homes while 5 of them are condos and 2 are townhomes. For more information on this home for sale at 13811 Cherry Westminster, CA 92683 contact Ardent Real Estate Group and we will put you in touch with one of our Westminster agents.

Public Facts for 13811 Cherry

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
--
Stories
--
Type
--
Pool
--
Spa
--
County
--
Lot#
--
APN
--

The source for these homes facts are from public records.

92683 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,100,000
Median List Price/Sq.Ft.
$633
Median Sold Price
$1,080,000
Median Sold Price/Sq.Ft.
$629
Total Inventory
71
Median Sale to List Price %
102.86%
Avg Days on Market
11
Loan Type
Conventional (40%), FHA (0%), VA (0%), Cash (35%), Other (20%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.