7121 Plaza Street

Westminster, CA 92683

$1,400,000
Last Sold Price
2
Beds
4
Baths
3,572 Sq. Ft.
$392 / Sq. Ft.
3,572
Sq. Ft.
$392
per Sq. Ft.

Description

Excellent income investment four-plex with huge upside potential. Close to schools, freeways, restaurants, shopping centers and entertainment centers. Short walk to wonderful Sigler park, which has a kid's water park during the Summer. Long term tenants with room to increase rents. Each unit is a 2 bedroom, 1 bath and each has it's own 1 car garage and 1 Parking space per unit. Plenty of additional parking on street. Private Play/Picnic area located at rear of property perfect for outdoor dining,...Excellent income investment four-plex with huge upside potential. Close to schools, freeways, restaurants, shopping centers and entertainment centers. Short walk to wonderful Sigler park, which has a kid's water park during the Summer. Long term tenants with room to increase rents. Each unit is a 2 bedroom, 1 bath and each has it's own 1 car garage and 1 Parking space per unit. Plenty of additional parking on street. Private Play/Picnic area located at rear of property perfect for outdoor dining, play or Barbecuing.
  1. Listed by Tracy Belding • DRE #01269117 • Brokerage DRE #01353781 • RE/MAX Select One

Property Details for 7121 Plaza Street

Architectural Style
Traditional
View
None
Parking Spaces Total
10
Private Pool
No
Cooling Type
N/K
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor

Location

Listing Courtesy of RE/MAX Select One, Tracy Belding, DRE #01269117

Sold By Citihome, Thanh Pham, DRE #01823398

Add your commute
LISTING UPDATED: 06/01/2021 06:17 AM

Property Details for 7121 Plaza Street

StatusClosed
MLS #OC21006959
Days on Market72
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1965
Lot Size0.15 AC / 6,534 SF
CountyOrange County

Location

Listing Courtesy of RE/MAX Select One, Tracy Belding, DRE #01269117

Sold By Citihome, Thanh Pham, DRE #01823398

Add your commute

Building Information for 7121 Plaza Street

Stories2Residences-Year Built1965Building Size-Lot Size0.15 AC / 6,534 SF

Payment Calculator

$9,154 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,640

Property Taxes

$1,514

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7121 Plaza Street

Rental Info
Rental Info
  • Tenant Pays: Electricity
Income / Expense / Tax Details
Income Details
  • Gross Income: $72,000
  • Gross Scheduled Income: $72,000
  • Net Operating Income: $67,320
  • Current Financing: Conventional
  • Financing: Conventional
Expense Details
  • Operating Expense: $4,680
  • New Taxes Expense: $16,450
  • Gardener Expense: $720
  • Fuel Expense: $1,800
  • Electric Expense: $360
  • Insurance Expense: $1,980
  • Trash Expense: $0
  • Water Sewer Expense: $1,800
  • Total Expenses: $21,410
Tax / Assessment Info
  • Tax Area: 20105
  • Tax Tract Number: 846
  • Tax Census Tract: 996.01
  • Tax Lot: 15
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Curbs, Sidewalks
Property / Structure Info
Interior Features
  • Appliances: Gas Oven, Gas Range, Refrigerator
  • Equipment: None, Refrigerator
  • Laundry: No
  • Laundry Features: None
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
  • Heating: Central
  • Flooring: Laminate
Exterior Features
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Exterior: Stucco
  • Roof: Composition, Flat
  • Foundation Details: Slab
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: Corner Lot, Front Yard, Lawn, Sprinklers In Front
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Levels: Two
  • Sewer: Sewer Paid
  • Sewer/Septic: Sewer Connected
  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Uncovered Spaces: 6
  • Open Other Spaces Total: 6
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
Property / Structure Info
  • Builders Tract Name: Other
  • Builders Tract Code: Other (OTHR)
Unit Information
Unit 1
  • Unit Type Units Total: 4
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 4
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $6,000
  • Unit Type Total Rent: $6,000
  • Unit Type Pro Forma: 7200
  • Unit Type Type: 1
Unit Information
  • Number Of Units Leased: 4
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 0
  • Number Of Separate Water Meters: 0
  • Number With Disposal: 4

Property History for 7121 Plaza Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 7121 Plaza Street

Taxable ValueLand$936,360Additions$520,200Total$1,456,560
Tax Record2023$18,173 ($1,514 / month)
Home Facts
Total Finished SqFt3,574 SqFtAbove Grade Finished SqFt3,574 SqFtStories2Lot Size6,408 SqFtStyleQuadraplexYear Built1965CountyORANGEAPN096-111-27

Schools near 7121 Plaza Street

This home is within Westminster Elementary School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Webber Elementary School
PublicK to 6

Helen Stacey Middle School
Public6 to 8

Westminster High School
Public9 to 12

Coast High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Select One, Tracy Belding, DRE #01269117

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.