7892 12th Street, Westminster, CA 92683

$1,299,000 Asking Price

2 beds
2 baths
1,084  sqft
Built in 1929

AMAZING development deal in a PRIME location of Westminster! Existing SFR on this massive 12,150 sq ft lot. The current house is 2 beds, 1.5 baths and 1,084 sq ft. The land is zoned R4, perfect to add more units on the property. Majority of the neighborhood is being redeveloped into multi-family, condos and townhouses. POTENTIAL BUILD per Architect: Keep existing main house and add 2 new units attached to a 3-car garage, plus 2 ADUS in the rear of the property, making it a total of 5 units. See attached site plan for visual. Another option is to tear down existing SFR and build (4) condos or townhouses on the lot (see similar properties in pictures). Possible to do SB9 and separate the lots as well. Lots of options!! Buyer to do their due diligence with the city to confirm the requirements for build-out. This is a great opportunity for a developer looking to build out to sell, or to keep for their rental portfolio.

Features & Amenities

Interior

Laundry:
Laundry Room
A/C:
N/K
Fireplace:
N/K

Exterior

Pool:
None
Parking:
Parking spaces: 0

Construction

General:
1 Story

Location

HOA Amenities:
0.0
Originating MLS:
California Regional MLS
County:
Orange

Lot

Zoning:
09635404
View:
N/K

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
California Regional MLS

This listing courtesy of:
eXp Realty of California Inc, Krissy Tu

About Westminster, CA

Housing

Number of Units
28,025
Median Home Value
$605,908
Median Rent
$1,588

49.55% of housing units are renter occupied.

3.27% are vacant.

Commute

Car
72.99%
Public Transportation
0.94%
Walk to Work
1.24%
Work from Home
23.60%
Other
0.80%

The median travel time to work is 24 minutes.

People

Population
92,401
Median Age
40.40
Median Household Size
3.30

Education

High School
23.78%
Associate’s Degree
7.67%
Bachelor’s Degree
19.42%
Graduate Degree
8.14%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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