13561 Arizona St - Apartments FOR SALE


Westminster, CA 92683
$2,085,000 USD
949-573-5309
13561 Arizona St, Westminster, CA for Sale
$2,085,000 USD
Apartments - FOR SALE
1/15
null | 4.74% Cap Rate

13561 Arizona St
Westminster, CA 92683


OVERVIEW

Located in a high-demand Westminster neighborhood, this pride-of-ownership fourplex features a rare and versatile unit mix, including a massive three-bedroom, two-bathroom front unit alongside two spacious two-bedroom units and one one-bedroom unit. The entire property has been meticulously renovated and is fully leased at current market rates, offering an immediate turnkey investment with strong "bread and butter" stability. Residents benefit from exceptional amenities such as on-site laundry facilities and a superior parking ratio of nine total spaces, consisting of four private garages and five open surface spots. The asset is strategically positioned within a mile of the Walmart Supercenter and major retail hubs, providing a "walkable" lifestyle that appeals to long-term tenants. With separate meters for gas and electricity, the property maintains low owner expenses while sitting in a tight inventory market with a high 8/10 GreatSchools rated high school nearby. This offering represents a premier opportunity to acquire a renovated, income-producing asset in a sub-market known for its consistent rental demand and proximity to the I-405 and CA-22 freeways.

FOR SALE DETAILS

PRICE

$2,085,000 USD

PRICE/SF

$283 USD /SF

# OF UNITS

4

PRICE/UNIT

$521,250

CAP RATE

4.74%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1965

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

-

APN/PARCEL ID

096-262-13

ASK ABOUT THIS PROPERTY

Randall MycornR.L.M. EquitiesMore Info
949-573-5309

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Randall MycornR.L.M. EquitiesMore Info
949-573-5309

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.