7781 15th Street

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7781 15th Street

Westminster, CA 92683
Asking Price
$2.33M
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building located in Westminster, California.
  • The property consists of four individual rental units.
  • The total asking price for the asset is $2,325,000.
  • Property is situated in a dense Orange County submarket.
  • Asset provides direct access to primary regional transit routes.

What's Special

Westminster represents a central hub within Orange County, characterized by its dense residential corridors and established commercial infrastructure. This multifamily apartment building at 7781 15th Street provides a concrete investment option in a region with sustained rental demand. The property comprises four distinct units, suitable for an investor seeking a compact residential asset in a primary Southern California submarket. Positioned with convenient access to major regional thoroughfares, the site allows for straightforward connectivity to neighboring employment centers and local service hubs throughout the county. This asset class remains a staple for those looking to manage multi-tenant residential portfolios within a mature, land-constrained urban environment. Potential owners may evaluate this acquisition for long-term hold strategies given the consistent necessity for housing in this portion of the metropolitan area.

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NOI
$80,000
Cap Rate
3.44%
DSCR
0.58
Underwater
Cash-on-Cash
-8.32%
Monthly Payment
$11,502.831
Annual Cash Flow
$-58,033.977

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