Property Detail

7311 Main

Westminster CA 92683

$7,490,000

Status: Active

Property Details

Description

Welcome to 7311-7335 Main Street Apartments; a 13-unit multifamily investment property featuring 4 brand-new ADUs built in 2025 and 9 fully remodeled units, offering a rare blend of modern upgrades and new construction. The ADUs include two 2-bed/1-bath units, and two 4-bed/2-bath units, all with open floor plans, central A/C, quartz countertops, high-quality appliances, vinyl flooring, recessed lighting, and in-unit washer/dryer hookups. All 9 remodeled units have updated kitchens, bathrooms, vinyl flooring, and newly fresh paint. Only 2 of the units are situated on the second floor, while the remaining 11 units are single-story, offering convenient ground-level access. The property boasts all new plumbing and electrical systems, separate gas and electricity meters for each unit, and ample parking with 11 garages and a total of 32 onsite parking spaces. Tenants pay for all utilities, ensuring low operating costs for ownership. Additionally, there is potential to add 4 more ADUs, expanding the total to 17 units and further boosting income and long-term investment value. Ideal for investors or 1031 exchanges seeking rental income, this turnkey asset is a prime opportunity in a desirable location.

Map Location

Listing provided courtesy of Nhi Phan of NRI Group. Last updated 2025-04-05 08:11:38.000000. Listing information © 2024 CRMLS.

Quinten Sharp

Quinten Sharp

DRE# 00973844
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