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7-UNIT investment property in the City of Westminster. Turn-key & fully occupied, this exceptional property combines 2 brand-new construction and 5 renovated units delivering immediate cash flow & long-term upside. 2 BRAND NEW HOMES (2025) "¢ Unit 1: 4 bd / 2 ba "” 1,200 SF, attached 1-car garage, solar, separate water meter. "¢ Unit 2: 2 bd / 2 ba "” 800 SF, solar, separate water meter. 5 REMODELED UNITS "” Quartz kitchens, Modern cabinetry, New appliances, Vinyl flooring, Recessed lighting, Updated baths, A/C & heat, W/D hookups. SITE FEATURES "” 14 on-site parking spaces (2 per unit), New vinyl fencing & fresh landscaping, Separate gas & electric meters; tenants pay all utilities. Current CAP rate is Ëœ 4.50 %, supported by low operating expenses and high tenant demand in this sought-after Westminster neighborhood. With solar on the new builds, modern finishes throughout, and durable upgrades already in place, this property will have low maintenance for the next 10+ years.
Property Type(s):
Residential Income
| Last Updated | 6/19/2025 | Tract | Other |
|---|---|---|---|
| Year Built | 2025 | Community | 59 - Westminster North of 405 & Westminster |
| Garage Spaces | 1.0 | County | Orange |
Additional Details
| AIR | Central Air, Ductless |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Gas Range, Range Hood |
| AREA | 59 - Westminster North of 405 & Westminster |
| GARAGE | Yes |
| HEAT | Central, Ductless |
| INTERIOR | Open Floorplan, Recessed Lighting |
| LOT | 0.4473 acre(s) |
| PARKING | Assigned, Driveway |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| SUBDIVISION | Other |
| VIEW | Yes |
| VIEW DESCRIPTION | Neighborhood |
| WATER | Public |
Location
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The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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