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Craig Ratowsky
Justin Ratowsky

7883 16th Street

$1,650,000 7883 16th Street, Westminster, CA 92683
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 (built in 1927) and a duplex with two units (built in 1962), 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 (built in 1962) 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.
  • Active Under Contract
    Status
  • 1962
    Year Built
  • 3,240 Sq.Ft.
    Living Area

Features & Amenities

Area & Lot

  • Status: Active Under Contract
  • Living Space: 3,240 Sq.Ft.
  • Lot Size: 0.25 Acres
  • MLS® ID: OC24199139
  • Type: Multi-Family
  • Year Built: 1962

Interior

  • Laundry Room: Inside, In Garage
  • Flooring: Carpet
  • Fireplace: None

Exterior & Building

  • Stories: 2
  • Garage Space: 4.0
  • Water Source: Public
  • Pool: None
  • Roof: Composition, Flat
  • Lot Features: Sprinkler System
  • Parking: Garage
  • Heat Type: Wall Furnace
  • Sewer: Public Sewer
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)

Financial

  • Sales Price: $1,650,000

7883 16th Street

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Buying or selling a home can feel like one of life’s greatest challenges. By working with this confident dynamic duo, it will become one of life’s greatest rewards. Whether you’re ready to dive in or just have a few questions, call us today for a complimentary consultation.
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