1 of 16

Want to see similar homes for sale?

8361 15th Street

Westminster, CA 92683

– beds
– baths
– sqft
~1/2 acre lot
1963 build
– on site

More homes

The 15th st. Apartments offers an astute investor the opportunity to acquire a Value Add property with over 30% in rental upside. The asset exterior has been extensively renovated, interiors are primed for a full rehabilitation. Situated in the Westminster Civic Center just a block from the City Library and Police department, the complex has an incredible walk score of 86! Conservative market rents put the pro-forma CAP Rate at almost 6%. 15th St. Apartments stands as the lowest priced per unit majority 2 bedroom asset on the market in all of Orange County. Further, the property will be delivered with a BRAND NEW roof and electrical panels.

Listed By CRMLS_CA / Randall Mycorn / R L M Equities

Last checked: Checking… • Last updated Jun 25, 2024 •

MLS# NP22128415 —

The Building

Year Built:

1963
Year Built Source:

Assessor
New Construction:

No
Common Walls:

2+ Common Walls
Building Area Total:

12409.00
Building Area Units:

Square Feet
# of Buildings:

1
Total Number Of Units:

20
Stories Total:

2
# of Separate Gas Meters:

1
# of Separate Water Meters:

1
# of Separate Electric Meters:

20

Interior

Levels:

Two
Laundry:

Common Area
Laundry:

1

Location

Directions:

Corner of 15th & Newland St., South of Westminster Blvd.
Latitude:

33.75804400
Longitude:

-117.98309600

The Property

Property Type:

Residential Income
Zoning:

R-2
Lot Features:

2-5 Units/Acre
Lot Size Area:

20038.0000
Lot Size Acres:

0.4600
Lot Size SqFt:

20038.00
Lot Size Source:

Assessor
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

998.03
Tax Tract:

4340
Tax Lot:

17

The Listing

Special Listing Conditions:

Standard
Parcel Number:

09758128

Utilities

Sewer:

Public Sewer
Water Source:

Public

The Community

Subdivision:

Other (OTHR)
Subdivision:

Civic Center
Senior Community:

No
Features:

Suburban
Pool:

None
Private Pool:

No

Extra Units

Average 1 Bed Area:

500
Average 2 Bed Area:

750

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Max Internet Speed

Spectrum

Provided by BroadbandNow®

View a full report

Sale history

Date	Event	Source	Price	% Change
9/13/22 Sep 13, 2022	Sold	CRMLS_CA	$5,960,000	-1.4%
9/10/22 Sep 10, 2022	Sold Subject To Contingencies	CRMLS_CA	$6,045,000
7/18/22 Jul 18, 2022	Pending	CRMLS_CA	$6,045,000

Multifamily Sold on 9/13/2022

$5,960,000

Listing provided by broker:

Randall Mycorn

R L M Equities

Newest listings in Westminster, CA

Similar sold homes

Listing Courtesy of: CRMLS_CA and R L M Equities. Based on information from California Regional Multiple Listing Service, Inc. as of 13:05 on Nov 23.

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.

8361 15th Street

Westminster, CA 92683