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18312 Milton Ave.Westminster, CA 92683 0

$4,850,000
Vacant Land
Status: Active
  • Sqft:
  • Lot:1.01 acres
  • MLS#: PW21095962
33.761581420898438-118.02069854736328
Courtesy Of Grant Hahn, DRE#01197893, Morgan Skenderian

Description:

$1,000,000 PRICE REDUCTION. A rare opportunity to acquire a medium sized, “permit ready” entitled multi-residential development opportunity. The proposed 24 unit apartment complex will have a unit mix of (7) 2 bedroom/2 bath units, (7) 2 bedroom/2.5 bath units, (6) 3 bedroom/2.5 bath units, and (4) 3 bedroom/3.5 bath units. All units will be townhouse style with attached garages and direct access from the garage into the units. The property is located within minutes of the 405 and 22 Freeways and is within walking distance to both Finely Elementary and Johnson Middle Schools. The development has been approved by the city council of Westminster and includes four affordable units under the California Density Bonus program. The existing property is comprised of 3 adjacent parcels totaling 44,643 sq.ft. Currently, there is one 3 bedroom home, a 2 bedroom home, a 1 bedroom unit and a studio unit. Monthly income is $7,060 and all tenants are month to month.

Main Features:

Listing Status Active County Orange
Rental Price $0 Zoning R-4
Subdivision Other (Othr)

Additional Features:

Community Features Sidewalks
HOA $0.00
Listing Service FullService
Listing Type ExclusiveRightToSell
Lot Description Item2125UnitsAcre
New Construction N
Special Conditions Standard
Terms Cash
CashtoNewLoan
View N
None
Water Public

Extra Features:

CDOM 146 DOM 146
Listing Key 518822282 Parcel Number 20331116

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable Copyright 2021 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Information deemed reliable but not guaranteed.
Copyright© 2021 California Regional Multiple Listing Service, Inc. All rights reserved.
Last Updated On: 10/16/2021 12:36:49 PM

18312 Milton Ave., Westminster, CA 92683

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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable Copyright 2021 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Information deemed reliable but not guaranteed.
Copyright© 2021 California Regional Multiple Listing Service, Inc. All rights reserved.
Last Updated On: 10/16/2021 12:36:49 PM

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