Listed by: Randall Mycorn | R L M Equities
Sold Sep 13, 2022
$5,960,000
8361 15th Street, Westminster CA
-beds
-baths
12,409sq ft
$480/sq ft
127 days on rennie34 cumulative days on market
NP22128415MLS ®
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.
property details
Residential IncomeProperty type | |||
20,038 ft²Lot area SF | |||
$0Taxes | |||
TwoFloor levels | |||
12,409 ft²Living area | |||
| Subarea | Civic Center | ||
| Listed by | R L M Equities | ||
| rennie last checked | July 23, 2025 at 01:43pm | ||
| Last updated | February 17, 2025 at 12:28pm | ||
| Cumulative days on market | 34 days | ||
| Closed Date | September 13, 2022 | ||
| Source | CRMLS |