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Listed by Karen Ngoc Lang Luu • Century Financial Group, Corp.
$2,583,000
Est. payment /mo
2,160 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Commercial/Residential
Listing Status Active
Purchase Type For Sale
Square Footage 2,160 sqft
Price per Sqft $1,195
MLS Listing ID PW-26129756
Year Built 1944
Lot Size 0.436 Acres
Property Sub-Type Commercial/Residential
Source California Regional Multiple Listing Service (CRMLS)
Property Description
Property is being offered via auction.
Rare value-add opportunity in the heart of Little Saigon — six detached, cottage-style units on an oversized ±19,001 SF corner lot at Magnolia & Westminster Blvd. Separate address for each unit: 9064 - 9066 - 9068 - 9074 - 9076 - 9078. Each single-story unit lives like its own private home: no common walls, its own private garage, and its own separate gas, electric, and water meters, so tenants pay their own utilities and owner expenses stay remarkably low. The mix is five 1-bed/1-bath and one 1-bed/2-bath, all with long-term tenancy and rents currently well below market — immediate, substantial upside for the next owner. The standout is the land: over 19,000 square feet in a supply-starved submarket with generous room to add ADUs for additional income and value (buyer to verify with City of Westminster). Walk-to-everything location in the cultural and commercial core of Little Saigon — restaurants, markets, and shopping at your door, with quick access to the 22 & 405 freeways and transit. A pride-of-ownership, separately-metered corner asset that is easy to manage and impossible to replicate at today's construction costs. A true legacy hold — submit.
Rare value-add opportunity in the heart of Little Saigon — six detached, cottage-style units on an oversized ±19,001 SF corner lot at Magnolia & Westminster Blvd. Separate address for each unit: 9064 - 9066 - 9068 - 9074 - 9076 - 9078. Each single-story unit lives like its own private home: no common walls, its own private garage, and its own separate gas, electric, and water meters, so tenants pay their own utilities and owner expenses stay remarkably low. The mix is five 1-bed/1-bath and one 1-bed/2-bath, all with long-term tenancy and rents currently well below market — immediate, substantial upside for the next owner. The standout is the land: over 19,000 square feet in a supply-starved submarket with generous room to add ADUs for additional income and value (buyer to verify with City of Westminster). Walk-to-everything location in the cultural and commercial core of Little Saigon — restaurants, markets, and shopping at your door, with quick access to the 22 & 405 freeways and transit. A pride-of-ownership, separately-metered corner asset that is easy to manage and impossible to replicate at today's construction costs. A true legacy hold — submit.
Location
State CA
County Orange
Area 65 - N Bolsa, S Gg, E Beach, W Brookhurst
Interior
Laundry Gas Dryer Hookup, Washer Hookup
Exterior
Garage Spaces 6.0
Pool None
Community Features Curbs
Building
Lot Description 0-1 Unit/Acre
Sewer Public Sewer
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Nearby Locations
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John R Thompson
Broker/Owner | License ID: 01200900
Broker/Owner License ID: 01200900