Quadplex Investment
10572 Torrington Circle Westminster, CA 92683
10572 Torrington Circle, Westminster, CA, 92683
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For Sale
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Quadplex for sale in Westminster, CA, offered as a residential income multifamily property.
Property Size3,933 SF
Price / SF$581.97
Days on Market71
Property Features for 10572 Torrington Circle
General Information
- Standard status
- Active
- Size
- 3,933 SF
- Property subtype
- Retail, Multifamily
Building Details
- Year Built
- 1978
Listing agency
Stream Realty Partners Greater L.A.
Listed by
Pat Swanson · License #CA 01382974
Source
Crexi
Added: May 13 Updated: Jul 21 at 2:29AM Checked: Jul 21 at 5:40AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Stream Realty Partners Greater L.A.
Investment Insights
Based on property information with market context.
This offering is a quadplex within the multifamily and residential income property categories. The asset is presented as a single quadplex unit configuration, suitable for buyers seeking a small, income-focused residential property.
Located at 10572 Torrington Circle in Westminster, California (92683).
Located at 10572 Torrington Circle in Westminster, California (92683).
Key Highlights
- Quadplex for sale in Westminster, CA
- Built in 1978
- Residential income multifamily property
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $122.7k | $31.20 |
| − Vacancy | −$4.2k | −$1.07 |
| EGI | $118.5k | $30.13 |
| − OpEx | −$35.6k | −$9.04 |
| NOI | $83.0k | $21.09 |
3,933 SF · lease $31.20/SF/yr · vacancy 3.42% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.19M
$1.04M – $1.38M
NOI $82,959 @ 7.0% cap · market cap 3.62%
Second Best
Apartment 5plus
$1.07M
$938.4K – $1.25M
NOI $75,070 @ 7.0% cap · market cap 3.28%
Theoretical Best
Office A
$1.32M
$1.16M – $1.54M
NOI $92,471 @ 7.0% cap · market cap 4.04%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Quadplex - Quadplex for sale in Westminster, CA, offered as a residential income multifamily property.
Where is this quadplex located?
The property is located at 10572 Torrington Circle Westminster, CA.
What is the asking price?
The asking price for this property is $2,288,888.
What are key features of this property?
This property features: Quadplex for sale in Westminster, CA; Built in 1978; Residential income multifamily property
