Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    13942 Locust St Westminster, CA 92683

    Sponsored
    For Sale
    $874,888

    Single Family Residence, Traditional - Westminster, CA

    Type:Single Family Residence
    Property size:
    958 SF
    Lot size:
    6,534.00 Acres
    Days on Market:
    24
    Last Refresh:
    Feb 27 at 2:06 pm

    Property Features for 13942 Locust St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Single Family Residence
    Standard status
    Active
    Zoning
    MU-36
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Family Room, Kitchen, Living Room
    Bedrooms
    3
    Bathrooms
    2
    APN
    09608309
    Parking
    6
    Parking features
    Driveway, Garage, Off Street, Offsite, Paved or Surfaced, RV
    Interior features
    2+ Access Exits, Doors - Swing In, No Interior Steps, Parking, Carbon Monoxide Detector(s)
    Exterior features
    Fence, Community Features Included: Curbs, Sidewalks, Storm Drains, Street Lights, Urban, 0-1 Unit/Acre, Back Yard, Front Yard, Landscaped, Lawn, Level With Street, Level, Value In Land, Yard
    Fencing
    Fenced
    Appliances
    Oven - Gas, Range, Range - Gas
    Size
    958 SF
    Lot size
    6,534.00 Acres

    Utilities

    Heating system
    Wall Furnace
    Cooling system
    None (Cooling)

    Building Details

    Year built
    1938
    Floors in Building
    1
    Number of units
    2
    Flooring type
    Carpet, Laminate, Tile
    Building materials
    Concrete, Glass, Wood Siding
    Roof type
    Shingle
    Architectural style
    New Traditional

    We can help!

    Listing Contact
    Danny Murphy

    First Team Real Estate (949) 988-3000

    Listing agent Danny Murphy (714) 964-3311 License #01867197

    Listing date Feb 4, 2026

    MLS# OC26006849 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Westminster Land with Development Potential

    This property presents a rare opportunity for investors, builders, and developers in a highly accessible Westminster location. The property has MU-36 mixed-use zoning, offering flexibility for future residential development. The MU-36 designation allows for a range of residential configurations with density up to 36 units per acre. The property includes two existing structures and is being sold strictly as-is, presenting a blank slate for redevelopment or a ground-up project. Potential uses may include multiple residential units, a mix of residential and commercial structures, subdivision into separate parcels, or development of a single-family residence with an ADU and/or junior ADU. The seller has unapproved architectural plans for a six-unit residential building. The property is located off Westminster Blvd and Goldenwest St, near Sigler Park, Westminster High School, and a variety of dining, shopping, and daily conveniences including Home Depot and Albertsons. It offers easy access to the 405 and 22 freeways, proximity to Mile Square Park, and is approximately 7 miles to Huntington Beach. The lot size is 0.15 acres. The property size is 958 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Westminster
    County
    Orange
    State
    California
    Longitude
    -118.0049462
    Latitude
    33.7596944

    Nearby Similar for Sale

    • $250,000

      Baskin-Robbins Franchise Opportunity

      Established Baskin-Robbins franchise in high-traffic Westminster shopping center.
      6731 Westminster Blvd, Westminster, CA 92683
      View Details
    • $2,000,000
      2,988 SF

      Renovated Westminster Residence with ADUs

      Unique, renovated property with multiple units, ideal for investment.
      6091 Navajo Rd, Westminster, CA 92683
      View Details
    • $325,000

      Established Bridal and Event Business

      Thriving bridal and event business with 30+ years of success.
      Westminster, CA 92683
      View Details
    • $429,000

      Westminster Restaurant Business Opportunity

      Turn-key restaurant with hot pot and grill in Westminster.
      Westminster, CA 92683
      View Details
    • $179,900

      Established Teahouse Business Opportunity

      Vibrant teahouse in Westminster with high foot traffic.
      15606 Brookhurst St, Westminster, CA 92683
      View Details
    • $12,000,000
      16,821 SF

      Renovated Freestanding Building For Sale

      Completely renovated freestanding building in prime Orange County location.
      8291 Westminster Blvd, Westminster, CA 92683
      View Details
    • $195,000

      Established Auto Repair Shop

      Auto repair shop in Little Saigon with ample parking.
      14905 Dillow St, Westminster, CA 92683
      View Details
    • $1,995,000
      4,272 SF

      Westminster Flex Space For Sale

      4,272 SF flex building near I-405 and 22.
      15083 Weststate St, Westminster, CA 92683
      View Details
    • $4,999,000
      7,338 SF

      Westminster Church Building For Sale

      Church property with sanctuary, classrooms, and parking in Westminster, CA.
      13522 Goldenwest St, Westminster, CA 92683
      View Details
    • $2,390,000
      4,560 SF

      Westminster Commercial Building For Sale

      Commercial building in Westminster, suitable for owner-users or investors.
      13822 Beach Blvd, Westminster, CA 92683
      View Details
    • $370,000

      Westminster Religious Facility For Sale

      Religious facility available for purchase in Westminster, California.
      9822 Bolsa Ave, Westminster, CA 92683
      View Details
    • Contact for pricing
      6,400 SF

      Retail Building Investment Opportunity

      6,400 SF retail building in Westminster, CA for sale.
      14191-14201 Beach Blvd, Westminster, CA 92683
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Land with mixed-use zoning in a convenient Westminster location.
    Where is this residential land & home lot located?
    The property is located at 13942 Locust St Westminster, CA.
    What is the asking price?
    The asking price for this property is $874,888.
    What are key features of this property?
    This property features: - MU-36 mixed-use zoning allows for high-density residential development, up to 36 units per acre.; - Prime Westminster location near Westminster Blvd. and Goldenwest St., offering easy access to amenities and transportation.; - Rare opportunity for investors, builders, and developers seeking land-use flexibility.
    (949) 413-6967
    Request Owner's contact information
    13942 Locust St Westminster, CA 92683
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    13942 Locust St
    Westminster, CA 92683
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    13942 Locust St Westminster, CA 92683
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Danny Murphy
    Real Estate License ID: 01867197
    (949) 413-6967 (714) 964-3311
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!