16092 Feltham, Westminster, CA 92683

$1,850,000

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List Price
$1,850,000
Status
ACTIVE
MLS#
OC26160497
Year Built
1977
Lot Size
6,060
Acres
0.14
Lot Location
0-1 Unit/Acre, Cul-De-Sac
Days on Market
1
Property Type
Single Family Residential
Style
Traditional
Property Sub Type
Single Family Residence
Stories
Two Levels
Neighborhood
Other

Property Description

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.

Additional Information

Taxes
$12,141
Appliances
Dishwasher, Gas Range, Microwave
Pool Description
None
Heat
Central
Cooling
Yes
Cooling Description
Central Air
Roof
Shingle
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
Interior Features
Quartz Counters, Storage, All Bedrooms Up
Attached Structure
Detached
Number Of Units Total
1
Gross Scheduled Income
$96,000
Operating Expense
17899

Listing courtesy of Listing Agent: Michael Bente (cfo.luxrerealty@gmail.com) from Listing Office: Luxre Realty, Inc..

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.