Westminster, CA 92683
$1,850,000
Rare opportunity to acquire one of four tenant-occupied investment properties available individually or as part of a premier Orange County residential income portfolio. This property is currently leased at $8,000 per month under a 5-year lease with a 5-year extension option and 3% annual rent increases, providing immediate income and long-term stability for investors.This spacious two-story home offers approximately 2,357 square feet with 5 bedrooms, 3 bathrooms, and an attached two-car garage. The partially upgraded interior features quartz countertops, recessed lighting, spacious living and dining areas, and a flexible floor plan designed for comfortable living.Situated on a quiet cul-de-sac in a desirable Westminster neighborhood, the property is conveniently located near shopping, restaurants, parks, schools, and major freeway access. Tenants currently pay all utilities and day-to-day operating expenses, while the owner is responsible for property taxes, insurance, and repairs.
Questions on 16092 Feltham, Westminster, CA 92683, or want to see it in person?
Listed by Michael Bente, Luxre Realty, Inc.