Westminster, CA Land for Sale | Real Living Pacific Realty | Real Living Real Estate

Westminster CA Real Estate & Land for Sale

2 Properties Found

The median home value in Westminster, CA is $656,900. This is lower than the county median home value of $661,200. The national median home value is $185,800. The average price of homes sold in Westminster, CA is $656,900. Approximately 50.68% of Westminster homes are owned, compared to 45.48% rented, while 3.84% are vacant. Westminster real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Westminster real estate agent to arrange a tour today!
Learn more about Westminster Real Estate.


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Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
PW18273926
Type:
Land
Lot size:
0.35 Acres
Courtesy: Morgan Skenderian Grant Hahn
View additional info

The property has been approved and entitled to build 11 multi-residential units. The proposed 11 unit apartment complex will have a unit mix of (2) 1 bedroom/1.5 bath units, (9) 2 bedroom/2.5 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 Schmitt Elementary School. The development has been approved by the city council of Westminster and includes two affordable units under the California Density Bonus program. The city of Westminster has not had development of new for rent units in a long time, as a result the rental market is extremely tight with an vacancy rate of only 3%. The medianage or year built of apartments within a 5 mile radius is 1966. Less than 1% of the rentalhousing in a 5 mile radius was built since 2010. Upon completion of the development, the developer will have one of the nicest apartment buildings in the area which will command top of the market rents. The existing property is comprised of 3 adjacent parcels totaling 15,341 sq.ft. Currently, there is one 2 bedroom home, and 2 duplexes with four 1 bedroom units.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
RS18225512
Type:
Land
Subdivision:
Other (Othr)
Lot size:
0.77 Acres
Courtesy: Keller Williams Pacific Estate Erick Hernandez
View additional info

Possible residential multiple units development opportunity located in prime Orange County area. The property's current use is Industrial (General) but the general plan has the property as R2 (Residential Medium) allowing for multiple units to be built. Contact the city Planning Department for further info and to verify any/all data. Potential to develop condominium/townhome units. Lot is flat - over 33,000 sq/ft. Buyer to do own due diligence. Currently there is a welding business however the property is being sold for land value only.

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Westminster CA Real Estate Listings Provided By:

Real Living Pacific Realty
3525 Hyland Ave. Ste. 240
Costa Mesa, CA 92626
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