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14200 & 14231 Springdale Street is a 14-unit, value-add multifamily investment opportunity located in Westminster, CA. Located on the border of Westminster & Huntington Beach, 14200 & 14231 Springdale Street is uniquely placed in-close proximity of the area's top destinations and major employment hubs including Little Saigon, Huntington Harbour, Westminster Mall, & Bella Terra, all of which are situated within 3 miles of the property. Furthermore, the propertys proximity to Interstate 405 and State Route 22 provides residents with convenient access throughout Southern California. 14231 Springdale Street offers an attractive mix of 11, one-bedroom units, 2, two-bedroom units, & 1, three-bedroom unit on a 0.42-acre parcel while 14200 Springdale Street features no improvements on a spacious 0.55-acre parcel. There are a plethora of scenarios for new ownership to increase total unit count, such as converting the existing garage structure into accessory dwelling units (ADUs) and constructing a new 13-unit multifamily structure on the vacant parcel (14200), both of which could potentially increase cashflow significantly. Currently, the property features desirable amenities including a spacious front yard, an on-site laundry facility, and ample garage and surface parking spaces. In summary, the property's fantastic location, on the border of Huntington Beach & Westminster, offers residents access to a variety of employment, transportation, and retail amenities, all of which will attract a diverse renter pool. With substantial upside and strong rental metrics, 14200 & 14231 SpringdPROPERTY FEATURES
Number of Units : 14
Unit 1 : Number of Unit(s) : 1
Unit 1 : Total Bedrooms : 1
Unit 1 : Total Bathrooms : 1
Unit 2 : Number of Unit(s) : 2
Unit 2 : Total Bedrooms : 2
Unit 2 : Total Bathrooms : 1
Unit 3 : Number of Unit(s) : 3
Unit 3 : Total Bedrooms : 3
Unit 3 : Total Bathrooms : 2
Site : Curbs,Sidewalks
Topography : Level
Zoning : Assessor
PROPERTY DETAILS
Street Address: Address not disclosed
City: Westminster
State: California
Postal Code: 92683
County: Orange
MLS Number: OC25107216
Courtesy of Marcus & Millichap RE Invest
City: Westminster
State: California
Postal Code: 92683
County: Orange
MLS Number: OC25107216
Courtesy of Marcus & Millichap RE Invest
Courtesy of Real Broker