Westminster Income Property with
14181 Roxanne Drive Westminster, CA 92683
14181 Roxanne Drive, Westminster, CA, 92683
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For Sale
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High-income rental property featuring a main house and permitted ADU.
Property Size1,943 SF
Price / SF$707.67
Days on Market76
Property Features for 14181 Roxanne Drive
General Information
- Standard status
- Active
- Size
- 1,943 SF
- Property subtype
- Multifamily
Listing Agency
HPT Realty
Listed by
Zaza Dinh · License #01437690
Source
Crexi
Added: May 2 Checked: Jul 16 at 3:09 am
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.
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 | $60.6k | $31.20 |
| − Vacancy | −$2.1k | −$1.07 |
| EGI | $58.5k | $30.13 |
| − OpEx | −$17.6k | −$9.04 |
| NOI | $41.0k | $21.09 |
1,943 SF · lease $31.20/SF/yr · vacancy 3.42% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$585.5K
$512.3K – $683.1K
NOI $40,984 @ 7.0% cap · market cap 2.98%
Second Best
Apartment 5plus
$529.8K
$463.6K – $618.1K
NOI $37,086 @ 7.0% cap · market cap 2.70%
Theoretical Best
Office A
$652.6K
$571.0K – $761.4K
NOI $45,683 @ 7.0% cap · market cap 3.32%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
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 Drive Westminster, CA.
What is the asking price?
The asking price for this property is $1,375,000.
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.
