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7291 Main St, Westminster, CA 92683
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7291 Main St Westminster, CA 92683

$930,000 Sold Price as of 10/06/2020
  • 6 Beds
  • 3 Baths
  • 3,086 Sq.Ft.
Sold
$930,000 Sold Price as of 10/06/2020 Refinance Your Mortgage
Map preview of 7291 Main St, Westminster, CA 92683

Property Overview: 7291 Main St Westminster, CA has 6 bedrooms, 3 bathrooms, 3,086 living square feet and 7,405 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Westminster triplex First time on the market in 30 years! This amazing property presents an opportunity to acquire stable investment during this pandemic. All 3 units are on Section 8 with very long term tenants. Individual addresses and upside potential. Prime location, minutes away from Little Saigon, Westminster Mall, Sigler Park, Westminster DMV, 405 freeway, and various shopping/entertainment centers. All units include 2 bed/1 bath floor plans, washer hookups, wall heaters, and separate electric and gas meters. Low maintenance for the new owner. The front house is home to 2 units, one boasting an ample size front yard and the other a patio, while the back house is a free-standing home with a decent sized backyard (room to expand) and a 5-year-old roof. Tenants are responsible for their own garden/yard maintenance. Both front units include a 1 car garage and plentiful parking is available with the back unit. Drive-by and see the potential! Please do not disturb tenants.

Listed by Elizabeth Do | BRE #01473012 | Keller Williams Realty
Co-listed by Maria Galindo | BRE #02024225 | Keller Williams Realty
Last checked: 42 seconds ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 88

Home details

Lot Sq. Ft
7,405
HOA Dues
$0/mo
Year built
1961
Garage
2 Car
Property Type:
Triplex
Status
Sold
MLS#
OC20107038
City
Westminster
County
Orange
Time on Site
1392 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,300
  • Total Rent: $1,300
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,300
  • Total Rent: $1,300
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,350
  • Total Rent: $1,350
  • Pro Forma/Market Rent: $1,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $64,800
  • Net Operating Income: $54,800
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $10,000
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $5,400
  • Trash: $480
  • Insurance: $2,400
  • Maintenance: $1,000
  • Water/Sewer: $720

Property Details for 7291 Main St

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Washer Hookup
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
Lot Information
  • Lot Features: Back Yard, Front Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 09612426
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: unknown
  • Directions: Major Cross Streets: Westminster Blvd & Goldenwest St
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

Local Westminster Agent

Sale History for 7291 Main St

Last sold for $930,000 on October 6th, 2020

  • October, 2020

  • Oct 7, 2020

    Date

    Sold

    CRMLS: OC20107038

    $930,000

    Price

  • Aug 31, 2020

    Date

    Pending

    CRMLS: OC20107038

    $968,800

    Price

  • Aug 11, 2020

    Date

    Price Change

    CRMLS: OC20107038

    $968,800

    Price

  • Jul 10, 2020

    Date

    Price Change

    CRMLS: OC20107038

    $999,000

    Price

  • Jun 4, 2020

    Date

    Active

    CRMLS: OC20107038

    $1,050,000

    Price

Tax History for 7291 Main St

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

7291 Main St sold on October 6, 2020 for 3.12% lower than the current median sold price for the city of Westminster which is $1,000,000. The median sold price per/sqft for Westminster is $659 and this home is sold at $313.93 per/sqft which puts the price per square foot 52.36% lower than the current median sale per square foot for the city of Westminster.

About 7291 Main St

Detailed summary of property

7291 Main St is a triplex that recently sold in Westminster, CA 92683. This triplex offered 6 bedrooms, 3 bathrooms, roughly 3,086 living square feet, and sits on an approximately 7,405 square foot lot. 7291 Main St was first listed on ArdentRealEstateGroup.com on July 11, 2020. The homeowner sold the property for $930,000. Home in Westminster are selling for a median price of $1,000,000 and a median price per square foot of $659. Based on Ardent Real Estate Group's Westminster Market Data, this home is sold 3.12% lower than the current median priced home. Local homes that are currently for sale include 530 Almond Ave, 1367 Alamitos Ave and 1861 Orange Ave. While the average home in Westminster, CA is selling in 25 days, 7291 Main St has a days on market of 88 days. There are currently 57 homes for sale in the Westminster real estate market and 48 of them are single family homes while 4 of them are condos and 5 are townhomes. For more information on this home for sale at 7291 Main St Westminster, CA 92683 contact Ardent Real Estate Group and we will put you in touch with one of our Westminster agents.

Public Facts for 7291 Main St

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
$1,095,000
Median List Price/Sq.Ft.
$604
Median Sold Price
$1,000,000
Median Sold Price/Sq.Ft.
$659
Total Inventory
58
Median Sale to List Price %
101.21%
Avg Days on Market
14
Loan Type
Conventional (61.9%), FHA (0%), VA (0%), Cash (19.05%), Other (14.29%)

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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.

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