7311 Main St - Apartments CONDO FOR SALE


Westminster, CA 92683
$7,490,000 USD
714-981-7796
7311 Main St, Westminster, CA for Sale
$7,490,000 USD
Apartments CONDO - FOR SALE
1/55
null | 4.25% Cap Rate

NEW


7311 Main St
Westminster, CA 92683


HIGHLIGHTS

  • All new plumbing & electrical
  • Each unit has separate gas meter
  • Each unit has separate electric meter
  • Each unit has A/C

OVERVIEW

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. Coming soon nearby at Sigler Park are Two Brand New Soccer Fields, providing more opportunities for sports, recreation, and community connection throughout the city of Westminster.

FOR SALE DETAILS

PRICE

$7,490,000 USD

PRICE/SF

$570 USD /SF

CAP RATE

4.25%

# OF UNITS

1

CONDO SIZE

-

% LEASED

100%

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

7311-7335 Main Street Apartments

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

13,148 SF

STORIES

2

BUILDING CLASS

-

YEAR BUILT

1962

SPRINKLERS

-

PARKING SPACES

32

LAND DETAILS

LAND ACRES

0.77 AC

LAND SF

33,713 SF

ZONING

R2

APN/PARCEL ID

096-124-34

ASK ABOUT THIS PROPERTY

Ken PhamNRI GroupMore Info
714-981-7796

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Ken PhamNRI GroupMore Info
714-981-7796

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.