Search
7883 16th St, Westminster, CA 92683
Image 2 for 7883 16th St, Westminster, CA 92683
Image 3 for 7883 16th St, Westminster, CA 92683
View Photos

7883 16th St Westminster, CA 92683

$1,650,000
  • 9 Beds
  • 3 Baths
  • 3,240 Sq.Ft.
For Sale
$1,650,000 Get Pre-Qualified
Map preview of 7883 16th St, Westminster, CA 92683

Property Overview: 7883 16th St Westminster, CA has 9 bedrooms, 3 bathrooms, 3,240 living square feet and 11,046 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: Discover 7883 16th Street, a versatile four-plex in Westminster, California, ideal for investors seeking rental income and zoned for mixed use development potential. This property features a standalone two-bedroom, one-bath house and a duplex with two units, one offering two bedrooms and one bath and the other offering three bedrooms and one bath. Additionally, there is a two-bedroom, one-bath unit located above the garage. Roof replacements for the duplex and front house were completed in 2020. The three bedroom owner occupied unit features a garage converted into a third bedroom, formal dining, custom-tiled shower, and a kitchen with in-unit laundry. Central to shopping, schools and entertainment with easy transport access. Three of the units are rented to long-term tenants, ensuring stable occupancy and consistent income. Viewings are drive-by only; please do not disturb tenants or the owner. Offers are to be made subject to interior inspection, presenting a great opportunity for immediate returns and future expansions. The property is located in a Mixed-Use 40 Units/Acre (MU40) district. The MU40 district is intended to provide for a mix of compatible residential and nonresidential uses with densities up to 40 units per acre. Reach out to the City of Westminster Planning and Zoning to verify all information.

Listed by Craig Ratowsky | BRE #00608046 | Compass
Co-listed by Justin Ratowsky | BRE #02026158 | Compass
Last checked: 8 minutes ago | Last updated: September 27th, 2024 | Source CRMLS | DOM: 2

Home details

Lot Sq. Ft
11,046
HOA Dues
$0/mo
Year built
1962
Garage
4 Car
Property Type:
Fourplex
Status
Active
MLS#
OC24199139
City
Westminster
County
Orange
Time on Site
2 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 3
  • # of Leased Units: 3
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # 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: $1,800
  • Total Rent: $1,800
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,600
  • Total Rent: $1,600
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $930
  • Total Rent: $930
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $51,960
  • Net Operating Income: $42,143
  • Gross Operating Income: --
  • # of Rented Garages: 0
  • Garage Rental Income: $0
  • Laundry Income: $0
Annual Expense Breakdown
  • Total Operating Expense: $9,817
  • Licenses: $169
  • Trash: $1,680
  • Gardener: $2,100
  • Insurance: $3,000
  • Water/Sewer: $2,868

Open Houses for 7883 16th St

No upcoming open houses

Schedule Tour

Property Details for 7883 16th St

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • In Garage, Inside
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet
Interior Features
  • Levels: Two
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Composition, Flat
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Garage
Lot Information
  • Lot Features: Lot 10000-19999 Sqft, Sprinkler System
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 4
  • Parcel Number: 09633224
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is 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: Other
  • Directions: Westminster Avenue and Beach Blvd
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

Local Westminster Agent

Sale History for 7883 16th St

View property's historical transactions

  • September, 2024

  • Sep 25, 2024

    Date

    Active

    CRMLS: OC24199139

    $1,650,000

    Price

Tax History for 7883 16th 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

7883 16th St is listed 47.98% higher than the median list price for the city of Westminster which has a median list price of $1,115,000. The median price per/sqft for Westminster is $623 and this home is listed at $509.26 per/sqft which puts the price per square foot 18.26% lower than the median price per square foot for the city of Westminster.

About 7883 16th St

Detailed summary of property

7883 16th St is a fourplex located in Westminster, CA 92683 and is currently for sale. This fourplex offers 9 bedrooms, 3 bathrooms, roughly 3,240 living square feet, and sits on an approximately 11,046 square foot lot. 7883 16th St was first listed on ArdentRealEstateGroup.com on September 26, 2024. The homeowner is currently asking $1,650,000. The median priced home in Westminster is $1,115,000 with a median price per square foot of $623. Based on Ardent Real Estate Group's Westminster Market Data, this home is listed 47.98% higher than the median priced home. Local competing homes currently for sale include 2942 W Floyd Ave, 231 S Laxore St and 2550 W Rowland Ave. While the average home in Westminster, CA is selling in 41 days, 7883 16th St has a days on market of 2 days. There are currently 67 homes for sale in the Westminster real estate market and 60 of them are single family homes while 4 of them are condos and 3 are townhomes. For more information on this home for sale at 7883 16th 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 7883 16th 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
$1,100,000
Median List Price/Sq.Ft.
$634
Median Sold Price
$1,080,000
Median Sold Price/Sq.Ft.
$629
Total Inventory
65
Median Sale to List Price %
102.86%
Avg Days on Market
11
Loan Type
Conventional (40%), FHA (0%), VA (0%), Cash (35%), Other (20%)

Tour This Home

Image Description
Contact Jon
Westminster Agent
Call, Text or Message
(714) 706-1823

Homes for Sale Near 7883 16th St

Nearby Homes for Sale

7161 Main St, Westminster, CA 92683
$1,500,000
9 Beds
3 Baths
2460 Sq.Ft.
7161 Main St
Westminster, CA 92683
12936 Adelle St, Garden Grove, CA 92841
$1,409,999
5 Beds
4 Baths
2600 Sq.Ft.
12936 Adelle St
Garden Grove, CA 92841
17361 Keelson Ln, Huntington Beach, CA 92647
$1,825,000
9 Beds
5 Baths
4255 Sq.Ft.
17361 Keelson Ln
Huntington Beach, CA 92647
17372 Dairyview Circle, Huntington Beach, CA 92647
$1,425,000
8 Beds
7 Baths
3711 Sq.Ft.
17372 Dairyview Circle
Huntington Beach, CA 92647
17412 Dairyview Circle, Huntington Beach, CA 92647
$1,425,000
8 Beds
7 Baths
3621 Sq.Ft.
17412 Dairyview Circle
Huntington Beach, CA 92647
10692 Frances, Garden Grove, CA 92843
$1,550,000
6 Beds
5 Baths
3100 Sq.Ft.
10692 Frances
Garden Grove, CA 92843
3700 W Savanna St, Anaheim, CA 92804
$1,800,000
9 Beds
9 Baths
4963 Sq.Ft.
3700 W Savanna St
Anaheim, CA 92804
3701 W Savanna St, Anaheim, CA 92804
$1,800,000
9 Beds
9 Baths
4963 Sq.Ft.
3701 W Savanna St
Anaheim, CA 92804

Recently Sold Homes Near 7883 16th St

7792 15th St, Westminster, CA 92683
$2,050,000 Last Sold Price
10 Beds
5 Baths
4836 Sq.Ft.
7792 15th St
Westminster, CA 92683
7782 15th St, Westminster, CA 92683
$2,100,000 Last Sold Price
10 Beds
8 Baths
4820 Sq.Ft.
7782 15th St
Westminster, CA 92683
7832 14th St, Westminster, CA 92683
$2,174,100 Last Sold Price
10 Beds
8 Baths
4760 Sq.Ft.
7832 14th St
Westminster, CA 92683
8041 18th St, Westminster, CA 92683
$960,000 Last Sold Price
4 Beds
3 Baths
2765 Sq.Ft.
8041 18th St
Westminster, CA 92683

Related Resources to 7883 16th St

New Listings in 92683
Popular Zip Codes
Popular Cities
Other Westminster Resources

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.

Call