Westminster, CA 92683,13800 Milton AVE
Westminster, CA 92683,13800 Milton AVE
Westminster, CA 92683,13800 Milton AVE
10
$4,850,000
$4,850,000
Est.Price: ?

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1.01 Acres Lot

13800 Milton AVE Westminster, CA 92683

Est. payment /mo
SOLD DATE : 12/17/2021

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Key Details

Sold Price $4,850,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Other (Othr)

MLS Listing ID PW21095883

Sold Date 12/17/21

HOA Y/N No

Year Built 2021

Lot Size 1.010 Acres

Property Description

$1,000,000 PRICE REDUCTION. A rare opportunity to acquire a medium sized, “permit ready” entitled multi-residential development opportunity. The proposed 24 unit apartment complex will have a unit mix of (7) 2 bedroom/2 bath units, (7) 2 bedroom/2.5 bath units, (6) 3 bedroom/2.5 bath units, and (4) 3 bedroom/3.5 bath units. All units will be townhouse style with attached garages and direct access from the garage into the units. The property is located within minutes of the 405 and 22 Freeways and is within walking distance to both Finely Elementary and Johnson Middle Schools. The development has been approved by the city council of Westminster and includes four affordable units under the California Density Bonus program.

The existing property is comprised of 3 adjacent parcels totaling 44,643 sq.ft. Currently, there is one 3 bedroom home, a 2 bedroom home, a 1 bedroom unit and a studio unit. Monthly income is $7,060 and all tenants are month to month.

Location

State CA

County Orange

Area 59 - Westminster North Of 405 & Westminster

Interior

Fireplace No

Laundry None

Exterior

Garage Spaces 45.0

Garage Description 45.0

Pool None

Community Features Curbs

Total Parking Spaces 45

Private Pool No

Building

Lot Description 21-25 Units/Acre, Lot Over 40000 Sqft

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 20331113

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Grant Hahn • Morgan Skenderian
Bought with Grant Hahn • Morgan Skenderian

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Kelly Corsino

Agent | License ID: 01704102

+1(949) 229-0019

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