Westminster Income Property with
For Sale
$1,350,000
14181 Roxanne Dr, Westminster, CA 92683
High-income rental property featuring a main house and permitted ADU.
Property Size1,943 SF
Price / SF$694.80
Days on Market148
Property Features for 14181 Roxanne Dr
General Information
Standard status
Active
Size
1,943 SF
Property subtype
Investment
Building Details
Building Size
1,943 SF
Year Built
1954
Stories
1
Units
2
Listing Agency:
HPT Realty
Listed By:
Zaza Dinh · License #01437690
(714) 860-0180
Source:
Elliman
Added: May 20
Changed: Sep 29
Last Checked: Oct 12 at 7:36PM
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 HPT Realty
Investment Insights
Based on property information with market context.
Located in Westminster, this income property features a main house and a permitted Accessory Dwelling Unit (ADU). The property generates a total monthly income of $6,150. The main house, offering approximately 943 square feet of living space, includes 3 bedrooms and 2 bathrooms (permit status of the second bathroom is unknown) and is currently rented for $3,200 per month. A new roof was installed on the main house in 2024. Built in 2022, the permitted ADU provides approximately 1,000 square feet of living space, with 2 bedrooms and 2 bathrooms, and is rented for $2,950 per month. The ADU has a solar system that has been paid off. Both units are separated by white vinyl fencing to enhance privacy. Both units are tenant-occupied with month-to-month leases. The property is conveniently located near the 405 and 22 Freeways, schools, shopping centers, dining options, and other amenities. The front house has a new permit for an additional 430 square foot master bedroom, and the permit and blueprint are included with the sale. Tenants are responsible for all utilities, including gas, electricity, water, trash, and gardening.
Key Highlights
- High‑income rental property generating $6,150 per month.
- Permitted ADU built in 2022, currently rented at $2,950/month.
- New roof installed on the main house in 2024.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,984
Cap Rate
3.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$819,680
$819.7K
Cap Rate 7%
$585,486
$585.5K
Cap Rate 9%
$455,378
$455.4K
Market Conditions
NOI Build-Up for 1,943 SF
Gross rent
$60.6K $31.20/SF
− Vacancy
−$2.1K −$1.07/SF
EGI
$58.5K $30.13/SF
− OpEx
−$17.6K −$9.04/SF
NOI
$41.0K $21.09/SF
Area
Orange County, CA
Vacancy
3.42%
Lease Rate
$31.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$819,680
Cap Rate 7%
$585,486
Cap Rate 9%
$455,378
Alternative Uses
Best Use
Multifamily LT 5
$585.5K
$512.3K – $683.1K
NOI $40,984 @ 7.0% cap · market cap 3.04%
Second Best
Apartment 5plus
$529.8K
$463.6K – $618.1K
NOI $37,086 @ 7.0% cap · market cap 2.75%
Theoretical Best
Office A
$652.6K
$571.0K – $761.4K
NOI $45,683 @ 7.0% cap · market cap 3.38%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,232
Businesses Nearby
Explore this area
Business Placement
Demographics for 92683, CA
90,946
Population
29,075
Households
3.1
Avg Household Size
42
Median Age
26%
College-Educated
78%
High-School Grad
9.7 sq mi
ZIP Area
9,376
Density / Sq Mi
$82,703
Median Household Income
$39,821
Median Earnings
$2,101
Median Rent
$820,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Multifamily property - High-income rental property featuring a main house and permitted ADU.
Where is this multifamily property located?
The property is located at 14181 Roxanne Dr Westminster, CA.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: High‑income rental property generating $6,150 per month.; Permitted ADU built in 2022, currently rented at $2,950/month.; New roof installed on the main house in 2024.
