$4,850,000 18312 Milton Ave. Westminster, CA

MLS: PW21095962   Type: Land   County: Orange   City: Westminster   Area: Westminster North Of 405 & Westminster   Neighborhood: Other   Zip: 92683  

Mortgage $22,770 /mo

Beds

Baths

Half Baths

Sqr Footage

Acres

Built

0

0

0

0

1.01

0

$1,000,000 PRICE REDUCTION. A rare opportunity to acquire a medium sized, “permit ready” entitled multi-residential development opportunity. The proposed 24 unit apartment complex will have a unit mix of (7) 2 bedroom/2 bath units, (7) 2 bedroom/2.5 bath units, (6) 3 bedroom/2.5 bath units, and (4) 3 bedroom/3.5 bath units. All units will be townhouse style with attached garages and direct access from the garage into the units. The property is located within minutes of the 405 and 22 Freeways and is within walking distance to both Finely Elementary and Johnson Middle Schools. The development has been approved by the city council of Westminster and includes four affordable units under the California Density Bonus program. The existing property is comprised of 3 adjacent parcels totaling 44,643 sq.ft. Currently, there is one 3 bedroom home, a 2 bedroom home, a 1 bedroom unit and a studio unit. Monthly income is $7,060 and all tenants are month to month.

Elementary School

Middle School

High School

Click Here
Distance: N/A Miles
Click Here
Distance: N/A Miles
Click Here
Distance: N/A Miles

Price History

5/5/2021 Listed $5,850,000
6/7/2021 18% - $4,850,000

Additional Parcels Description 203-311-24
Additional Parcels Y/N Yes
Association Y/N No
Community Features Sidewalks
HOA Fee 0
Land Lease Y/N No
Listing Agent Grant Hahn - BRE#01197893
Listing Agent State License 01197893
MLS Area 59 - Westminster North of 405 & Westminster
Property Type Land
Senior Community Y/N No
Special Listing Conditions Standard
Status Active
Subdivision Name Other (OTHR)
Terms Cash, Cash to New Loan
View None
Zoning R-4

Exterior Features

Lot Features 21-25 Units/Acre
Lot Size Acres 1.01
Lot Size Area 1.01
Lot Size Square Feet 43996
Lot Size Units Acres
View Y/N No
Water Source Public

Property Schools



Direct Link:

https://www.lahomesbyjackson.com/property/25-PW21095962-18312-Milton-Ave-Westminster-CA-92683

Gallery (9 photos)

Ask Your Agent a Question

Property vs Zip Code Avg (92683)

Price 4.85M Avg 3.11M

Acres 1.01 Avg 0.51

Visits 166 Avg 272

Days on Site 135 Avg 245

Walkscore® 54 Avg 63

Data Provided by Walkscore ® not using MLS data

Ask How to Finance this Property

Download Our Mobile App

Download Millions Mapped

Listing Provided Courtesy Of: Grant Hahn with Morgan Skenderian - 949-251-8800




Back to Search

Chat is Now Online! Ask Away!

In the Neighborhood

Find Your Home's Value Instantly

Saved Properties

This is a list of your favorite properties. We will email you if a property is reduced or leaves the market.

Click 'Save' to add a property to this list.

Register / Login

New & returning visitors please enter your information to login.

By clicking 'register' you are agreeing to our terms of use & giving us expressed written consent to contact you.

Questions? Comments? Complaints?

This message will go directly to the head of our team.

Location & Address

Jackson Mosley - DRE#01128579
Corporate Office Location: 2603 Camino Ramon Suite 200
San Ramon, CA
818-518-0740