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Listed by Karen Ngoc Lang Luu, DRE #01426053 • Century Financial Group, Corp.
$ 2,583,000
Est. payment | /mo
0.44 Acres Lot
$ 2,583,000
Est. payment | /mo
0.44 Acres Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPW26129756
Year Built 1944
Lot Size 0.436 Acres
Source California Regional MLS
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.
Location
State CA
County Orange
Area 65 - N Of Blsa, S Of Ggrv, E Of Bch, W Of Brookhrs
Interior
Laundry Gas Hookup, 30
Exterior
Garage Spaces 6.0
Pool None
Building
Story One Story
Water District - Public
Others
Tax ID 09810104
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