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7311 Main St, Westminster, CA 92683
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7311 Main St Westminster, CA 92683

$3,400,000 Sold Price as of 06/23/2021
  • 18 Beds
  • 12 Baths
  • 7,269 Sq.Ft.
Sold
$3,400,000 Sold Price as of 06/23/2021 Refinance Your Mortgage
Map preview of 7311 Main St, Westminster, CA 92683

Property Overview: 7311 Main St Westminster, CA has 18 bedrooms, 12 bathrooms, 7,269 living square feet and 33,890 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Amazing income potential! This 9 unit property boasts an enormous lot with a large yard and lush trees. Lots of parking and driveway space. Approach the property and see 2 SFRs with a 1 car garage for each unit. A couple steps away are TWO duplexes featuring 4 units total with 1 car each. Located towards the back of the property, the 2 story structure, built in late 80s, has an additional 3 units and also include a 1 car garage for each unit. Meters for utilities include 9 gas, 10 electric, and 4 water meters. For additional income, large yard can be used to potentially build more units. Only minutes away from Sigler Park, Westminster Gateway shopping center, Westminster Mall, Little Saigon, 22 FWY, and 405 FWY. See the potential soon!

Listed by Elizabeth Do | BRE #01473012 | Keller Williams Realty
Last checked: 11 minutes ago | Last updated: March 26th, 2024 | Source CRMLS | DOM: 15

Home details

Lot Sq. Ft
33,890
HOA Dues
$0/mo
Year built
1962
Garage
9 Car
Property Type:
Apartment
Status
Sold
MLS#
OC21097949
City
Westminster
County
Orange
Time on Site
1073 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 9
  • Total # of Buildings: 5
  • # of Electric Meters: 10
  • # of Gas Meters: 9
  • # of Water Meters: 4
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,850
  • Total Rent: $1,850
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,200
  • Total Rent: $1,200
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,750
  • Total Rent: $1,750
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,100
  • Total Rent: $2,100
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,490
  • Total Rent: $1,490
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,700
  • Total Rent: $1,700
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,650
  • Total Rent: $1,650
  • Pro Forma/Market Rent: $2,150
Unit Breakdown 8
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,650
  • Total Rent: $1,650
  • Pro Forma/Market Rent: $2,150
Unit Breakdown 9
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,750
  • Total Rent: $1,750
  • Pro Forma/Market Rent: $2,150
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $228,600
  • Net Operating Income: $175,236
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $53,364
  • Electric: $2,600
  • Gas/Fuel: $0
  • New Taxes: $38,150
  • Trash: $2,964
  • Insurance: $5,024
  • Professional Management: $0
  • Water/Sewer: $4,626

Property Details for 7311 Main St

Interior Features
Laundry Information
  • Has Laundry
  • See Remarks
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 9
  • # of Parking Spaces: 18
  • Has Parking
  • Parking Features: Driveway, Garage, Uncovered
Lot Information
  • Lot Features: Front Yard, Greenbelt, Landscaped, Lawn
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 9
  • Parcel Number: 09612434
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Major Cross Streets: Westminter & Hoover
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights
View more facts & features

Local Westminster Agent

Sale History for 7311 Main St

Last leased for $2,600 on March 26th, 2024

  • March, 2024

  • Mar 26, 2024

    Date

    Leased

    CRMLS: OC24017582

    $2,600

    Price

  • Jan 29, 2024

    Date

    Active

    CRMLS: OC24017582

    $2,650

    Price

  • Listing provided courtesy of CRMLS

    Fully remodeled 2 bedroom/2 full bath loaded with new appliances, new A/C, spacious rooms, laundry hook up and water proof vinyl flooring. Huge windows provide plenty of natural lighting. Located in a great neighborhood with access to all amenities, schools, and freeway. Fridge & washer/dryer not included. 1 storage space with 2 parking spaces.

  • January, 2023

  • Jan 25, 2023

    Date

    Leased

    CRMLS: PW22233581

    $2,600

    Price

  • Nov 1, 2022

    Date

    Active

    CRMLS: PW22233581

    $2,750

    Price

  • Listing provided courtesy of CRMLS

    Fully remodeled 2 bedroom/2 full bath loaded with new appliances, new A/C, spacious rooms, laundry hook up and water proof vinyl flooring. Huge windows provide plenty of natural lighting. Located in a great neighborhood with access to all amenities, schools, and freeway. Fridge & washer/dryer not included. 1-car Garage with 2 parking spaces in front of garage. Upstairs Unit.

  • August, 2022

  • Aug 1, 2022

    Date

    Leased

    CRMLS: PW22094945

    $2,700

    Price

  • May 6, 2022

    Date

    Active

    CRMLS: PW22094945

    $2,700

    Price

  • Listing provided courtesy of CRMLS

    Fully remodeled 2 bedroom/2 full bath loaded with new appliances, new A/C, spacious rooms, laundry hook up and water proof vinyl flooring. Individual single family home. Huge windows provide plenty of natural lighting. Located in a great neighborhood with access to all amenities, schools, and freeway. Fridge & washer/dryer not included. 1-car Garage with 1 parking space available. NO Backyard. Showing times are available now- Property is currently Tenant-occupied and will be ready for new Tenants by July 1, 2022

  • May, 2022

  • May 26, 2022

    Date

    Leased

    CRMLS: PW22093956

    $2,650

    Price

  • May 5, 2022

    Date

    Active

    CRMLS: PW22093956

    $2,600

    Price

  • Listing provided courtesy of CRMLS

    Fully remodeled 2 bedroom/2 full bath loaded with new appliances, new A/C, spacious rooms, laundry hook up and water proof vinyl flooring. Huge windows provide plenty of natural lighting. Located in a great neighborhood with access to all amenities, schools, and freeway. Fridge & washer/dryer not included. Unit is on 1st Floor, with 1-car Garage. Showing times are available now.

  • March, 2022

  • Mar 1, 2022

    Date

    Leased

    CRMLS: PW22009892

    $2,850

    Price

  • Listing provided courtesy of CRMLS

    Fully remodeled 3 bedroom/2 full bath loaded with new appliances, new A/C, spacious rooms, laundry hook up and water proof vinyl flooring. Huge windows provide plenty of natural lighting. Located in a great neighborhood with access to all amenities, schools, and freeway. Fridge & washer/dryer not included. 1-car Garage with 2 parking spaces in front of garage. The property will be ready to move in on 02/01/22.

  • February, 2022

  • Feb 25, 2022

    Date

    Leased

    CRMLS: PW21270347

    $2,500

    Price

  • Dec 30, 2021

    Date

    Active

    CRMLS: PW21270347

    $2,600

    Price

  • Listing provided courtesy of CRMLS

    Fully remodeled 2 bedroom/2 full bath loaded with new appliances, new A/C, spacious rooms, laundry hook up and water proof vinyl flooring. Huge windows provide plenty of natural lighting. Located in a great neighborhood with access to all amenities, schools, and freeway. Fridge & washer/dryer not included. 1-car Garage with 2 parking spaces in front of garage.

  • February, 2022

  • Feb 1, 2022

    Date

    Leased

    CRMLS: PW22009887

    $2,600

    Price

  • Jan 17, 2022

    Date

    Active

    CRMLS: PW22009887

    $2,600

    Price

  • Listing provided courtesy of CRMLS

    Fully remodeled 2 bedroom/2 full bath loaded with new appliances, new A/C, spacious rooms, laundry hook up and water proof vinyl flooring. Huge windows provide plenty of natural lighting. Located in a great neighborhood with access to all amenities, schools, and freeway. Fridge & washer/dryer not included. 1-car Garage with 2 parking spaces in front of garage. The property will be ready to move in on 02/01/22.

  • December, 2021

  • Dec 22, 2021

    Date

    Leased

    CRMLS: PW21251962

    $2,650

    Price

  • Nov 19, 2021

    Date

    Active

    CRMLS: PW21251962

    $2,650

    Price

  • Listing provided courtesy of CRMLS

    Fully remodeled 2 bedroom/1 full bath loaded with new appliances, new A/C, spacious rooms, laundry hook up and water proof vinyl flooring. Individual single family home with it's own spacious backyard. Huge windows provide plenty of natural lighting. Located in a great neighborhood with access to all amenities, schools, and freeway. Fridge & washer/dryer not included. 1-car Garage with 2 parking spaces in front of garage.

  • November, 2021

  • Nov 9, 2021

    Date

    Leased

    CRMLS: PW21216815

    $2,600

    Price

  • Sep 29, 2021

    Date

    Active

    CRMLS: PW21216815

    $2,600

    Price

  • Listing provided courtesy of CRMLS

    Fully remodeled 2 bedroom/2 full bath loaded with new appliances, new A/C, new EV Charging, spacious rooms, laundry hook up and water proof vinyl flooring. UPSTAIRS UNIT with spacious master suite with closet & bath. Huge windows provide plenty of natural lighting. Located in a great neighborhood with access to all amenities, schools, and freeway. Fridge & washer/dryer not included. 1-car Garage with 2 parking spaces in front of Garage.

  • September, 2021

  • Sep 29, 2021

    Date

    Active

    CRMLS: PW21216083

    $2,600

    Price

  • Listing provided courtesy of CRMLS

    Fully remodeled 2 bedroom/2 full bath loaded with new appliances, new A/C, new EV Charging, spacious rooms, laundry hook up and water proof vinyl flooring. UPSTAIRS UNIT with spacious master suite with closet & bath. Huge windows provide plenty of natural lighting. Located in a great neighborhood with access to all amenities, schools, and freeway. Fridge & washer/dryer not included. 1-car Garage with 2 parking spaces in front of Garage.

  • June, 2021

  • Jun 24, 2021

    Date

    Sold

    CRMLS: OC21097949

    $3,400,000

    Price

  • May 30, 2021

    Date

    Pending

    CRMLS: OC21097949

    $3,500,000

    Price

  • May 14, 2021

    Date

    Active

    CRMLS: OC21097949

    $3,500,000

    Price

  • May 8, 2021

    Date

    Coming Soon

    CRMLS: OC21097949

    $3,500,000

    Price

Show More

Tax History for 7311 Main St

Assessed Value (2020): $512,114
Year Land Value Improved Value Assessed Value
2020 $116,892 $395,222 $512,114

Home Value Compared to the Market

This property vs the competition

7311 Main St sold on June 23, 2021 for 222.58% higher than the current median sold price for the city of Westminster which is $1,085,000. The median sold price per/sqft for Westminster is $609 and this home is sold at $481.5 per/sqft which puts the price per square foot 20.94% lower than the current median sale per square foot for the city of Westminster.

About 7311 Main St

Detailed summary of property

7311 Main St is a apartment that recently sold in Westminster, CA 92683. This apartment offered 18 bedrooms, 12 bathrooms, roughly 7,269 living square feet, and sits on an approximately 33,890 square foot lot. 7311 Main St was first listed on ArdentRealEstateGroup.com on May 13, 2021. The homeowner sold the property for $3,400,000. Home in Westminster are selling for a median price of $1,085,000 and a median price per square foot of $609. Based on Ardent Real Estate Group's Westminster Market Data, this home is sold 222.58% higher than the current median priced home. Local homes that are currently for sale include 625-701 W Provential Dr, 6807 E Seaside Walk and 5842 Western Ave. While the average home in Westminster, CA is selling in 23 days, 7311 Main St has a days on market of 15 days. There are currently 54 homes for sale in the Westminster real estate market and 47 of them are single family homes while 2 of them are condos and 5 are townhomes. For more information on this home for sale at 7311 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 7311 Main St

Public county record property details
Beds
2
Baths
1
Year built
1962
Sq. Ft.
--
Lot Size
33,814
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
--
APN
096-124-34

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.
$606
Median Sold Price
$1,085,000
Median Sold Price/Sq.Ft.
$609
Total Inventory
54
Median Sale to List Price %
108.61%
Avg Days on Market
15
Loan Type
Conventional (47.83%), FHA (0%), VA (0%), Cash (39.13%), Other (13.04%)

Thinking of Selling?

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Related Resources to 7311 Main St

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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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