Westminster Multifamily Properties for Sale

Little Saigon Anchors a Diverse, High-Demand Rental Market

Westminster Multifamily: Little Saigon and a Diverse High-Demand Rental Market

As a local broker, I describe Westminster as one of the most compelling multifamily value-add markets in northwest OC. Westminster is the heart of Little Saigon, the largest Vietnamese-American commercial district in the United States, which anchors consistent retail, restaurant, and business employment that drives a deep and diverse renter pool. Proximity to Garden Grove, Anaheim, and Long Beach also draws workforce commuters who need affordable housing near major employment corridors.

Westminster residential income property for sale

Residential income property in the Westminster market

Westminster has a high concentration of older 2-4 unit properties, many of which have not been renovated or managed to their full potential. This creates reliable value-add opportunities for investors willing to improve properties and re-lease at market. ADU potential on larger lots is frequently untapped. For 1031 Exchange buyers or investors seeking cash flow in northwest OC at accessible price points, Westminster consistently delivers.

Want to discuss cap rates, zoning, or off-market opportunities in Westminster? Call or text me directly: 949-430-7500

Build Your Westminster Portfolio

Multifamily inventory in Westminster is often sold via pocket listings before ever hitting the MLS. Off-market access is the difference between finding a deal and watching someone else close it.

Westminster Multifamily Investment FAQ

Why is Westminster attractive for multifamily investors?

Westminster's Little Saigon district is one of the strongest commercial anchors in northwest OC and generates consistent employment and foot traffic that supports a diverse renter base. The city has a high concentration of older multifamily stock at price points that allow deals to pencil for cash flow, particularly after renovations and ADU additions. Westminster's location between Anaheim, Garden Grove, and Long Beach makes it convenient for a broad workforce renter pool. For investors who want value-add exposure in a high-demand OC market without coastal pricing, Westminster is a strong candidate.

What is house hacking and how does it work in Westminster?

House hacking is the strategy of purchasing a multifamily property, living in one unit, and renting the others to offset your mortgage. In Westminster, fourplexes are the most common house hacking vehicle because they qualify for owner-occupied FHA financing, which allows lower down payments than conventional investment loans. The rental income from the other three units can significantly reduce or eliminate the owner's housing cost. FHA loan limits for 4-unit properties in Orange County are updated annually. Contact us for the current figure before running your numbers.

Does Westminster have rent control?

Westminster does not have local rent control, but California's AB 1482 statewide rent cap applies to most multifamily properties that are more than 15 years old and not single-family homes or condos. AB 1482 limits annual rent increases to 5% plus local CPI, with a maximum of 10%. Properties built within the last 15 years are exempt. Buyers should review current AB 1482 applicability for any specific property with a real estate attorney before closing, as the rules have nuance around exemptions and just cause eviction requirements.

Are Westminster multifamily properties good for a 1031 exchange?

Yes, for the right buyer profile. Westminster multifamily offers a combination of rental demand fundamentals and ADU upside that makes it a credible 1031 exchange destination. The key is identifying properties with genuine value-add potential rather than paying a premium for cap rate compression that has already occurred. Working with an agent who has off-market access is essential in this segment, as the best opportunities rarely hit the public MLS.

Westminster Multi-Family Properties for Sale

$1,750,000
PW26099062 MLS Active Status
Beautifully-maintained trip-plex 3 units situated on a corner lot in a desirable neighborhood. Great investment opportunity for both short-term and long-term investors, or for an owner-occupant to live in one unit and rent out the other units. Property features 3 total units. Unit 1 offers 3 bedrooms and 2 bathrooms upstairs with its own private exterior staircase. Unit 2 features 3 bedrooms and 2 bathrooms downstairs. Unit 3 offers 2 bedrooms and 1 bathroom upstairs. Approximately 3,598 SF of living space on a large 7,405 SF corner lot. Property includes 5 garages, 6 concrete driveway parking spaces, and plenty of street parking, making parking convenient for tenants and guests. There is also an emergency metal staircase located in the private backyard area. Shared laundry room is located in the backyard for all units. Property has 4 electric meters, 4 gas meters, and 1 water meter. Private front yard landscaping with palm trees, and several fruit trees in the backyard. Front and side yards are enclosed with iron fences for additional privacy. Owner pays for exterior services including trash, electricity, and landscaping service. (Trash services for all three units are included on the property tax bill) Tenants pay for their own electric and gas utilities. Water bill is divided among tenants based on the total number of occupants in all units. This property is close to a variety of essential services and retail establishments, local dining and other services, schools, markets, shopping centers, and easy access to the Fwy 22 and 405. Great income-producing properties with strong investment potential. Don’t miss this opportunity! See Agent Remarks for additional information.

7191 Wyoming Street, Westminster

$1,650,000
OC26086110 MLS Active Status
13431 and 13429 Goldenwest St. Total of 8 bedrooms, 5 bathrooms, approximately 2,877 square feet of total living space across 3 units on a 7200 sq. ft lot! Main house (3 Bed | 2 Bath | 1177 living sqft), 2024 remodeled JR ADU unit (2 Bed | 1 Bath | 500 living sqft) and 2025 constructed detached ADU (3 Bed | 2 Bath | 1200 living sqft) Calling all investors, 1031 exchange buyers, or homeowners looking to generate solid rental income! This remarkable property features three distinctive units nestled on a spacious lot, perfect for a variety of living arrangements. The main house is a charming, single-level residence that has been thoughtfully remodeled to include 3 inviting bedrooms and 2 bathrooms. This home offers a warm and comfortable ambiance, ideal for family gatherings. Completing the lot is a splendid Accessory Dwelling Unit (ADU), which was finished at the end of 2024. Spanning an impressive 1,200 sq. ft. This contemporary unit boasts 3 well-proportioned bedrooms and 2 stylish bathrooms. The heart of the ADU is its fully upgraded modern kitchen, featuring elegant quartz countertops and crisp white shaker cabinets, ensuring both beauty and functionality. With upgraded bathrooms and a mini-split A/C and heating unit, this living space offers year-round comfort. Additionally, the Junior Accessory Dwelling Unit (JADU), completed in 2025, features 2 cozy bedrooms, 1 bathroom, and a practical kitchen, along with a convenient laundry area equipped with a stackable washer and dryer space. This charming JADU operates entirely on solar energy, reflecting a commitment to sustainability. Every unit in this property includes an indoor laundry area for added convenience. The expansive lot, exceeding 7,200 sq. ft., not only allows for versatile living options but also provides ample outdoor space for gardens and recreational activities. This property is ideally suited for multi-generational living or as a rental income opportunity. Situated in a prime location, residents enjoy easy access to Lions High School, the bustling shopping areas, beautiful beaches, and major thoroughfares such as the 405 and 22 freeways, making every day commuting a breeze. This property truly embodies a unique blend of opportunity and versatile living options!

13431 Goldenwest, Westminster

$1,695,000
3 Beds 2 Baths OC26086002 MLS Active Status
Total of 8 bedrooms, 5 bathrooms, approximately 2,877 square feet of total living space across 3 units on a 7200 sq. ft lot! Main house (3 Bed | 2 Bath | 1177 living sqft), 2024 remodeled JR ADU unit (2 Bed | 1 Bath | 500 living sqft) and 2025 constructed detached ADU (3 Bed | 2 Bath | 1200 living sqft) Calling all investors, 1031 exchange buyers, or homeowners looking to generate solid rental income! This remarkable property features three distinctive units nestled on a spacious lot, perfect for a variety of living arrangements. The main house is a charming, single-level residence that has been thoughtfully remodeled to include 3 inviting bedrooms and 2 bathrooms. This home offers a warm and comfortable ambiance, ideal for family gatherings. Completing the lot is a splendid Accessory Dwelling Unit (ADU), which was finished at the end of 2024. Spanning an impressive 1,200 sq. ft. This contemporary unit boasts 3 well-proportioned bedrooms and 2 stylish bathrooms. The heart of the ADU is its fully upgraded modern kitchen, featuring elegant quartz countertops and crisp white shaker cabinets, ensuring both beauty and functionality. With upgraded bathrooms and a mini-split A/C and heating unit, this living space offers year-round comfort. Additionally, the Junior Accessory Dwelling Unit (JADU), completed in 2025, features 2 cozy bedrooms, 1 bathroom, and a practical kitchen, along with a convenient laundry area equipped with a stackable washer and dryer space. This charming JADU operates entirely on solar energy, reflecting a commitment to sustainability. Every unit in this property includes an indoor laundry area for added convenience. The expansive lot, exceeding 7,200 sq. ft., not only allows for versatile living options but also provides ample outdoor space for gardens and recreational activities. This property is ideally suited for multi-generational living or as a rental income opportunity. Situated in a prime location, residents enjoy easy access to Lions High School, the bustling shopping areas, beautiful beaches, and major thoroughfares such as the 405 and 22 freeways, making every day commuting a breeze. This property truly embodies a unique blend of opportunity and versatile living options!

13431 Goldenwest, Westminster

$2,325,000
PW26085626 MLS Active Status
Property is being offered via auction. Exceptional and truly rare 4-unit investment opportunity in the heart of Westminster. 7781 15th St. is a charming and uniquely configured multi-generational property showcasing pride of ownership and long-term stewardship. Situated on an expansive 11,326 sq ft lot, the property features a highly desirable unit mix: a detached 2-bedroom/1-bath single-family residence built in 1928, along with a rear triplex constructed in 1987 consisting of three spacious 2-bedroom/2-bath units. The front residence exudes timeless character and craftsmanship, highlighted by original solid-core doors and hardware, coved ceilings with detailed molding, a formal dining room, and wall-to-wall carpeting preserving the hardwood flooring beneath. The home enjoys a large private front and side yard, dedicated parking pad, and excellent separation from the rear units—ideal for owner-occupancy or premium rental positioning. The rear building offers well-designed layouts with strong tenant appeal. Unit B (ground level) features three sets of sliding glass doors opening to an expansive wraparound patio and yard space, creating a unique indoor-outdoor living experience. Units C and D are located upstairs and benefit from elevated positioning with open views across the property from the living and dining areas, as well as private patio spaces. Units B and C have been remodeled, enhancing overall condition and rental upside. All four units include detached garages, washer/dryer hookups, and individual water heaters. The rear units are equipped with forced air heating and central air conditioning. The property is separately metered for gas and electricity, offering efficient management and reduced landlord expense exposure. A massive concrete driveway provides abundant off-street parking in addition to the four garages. The asset presents a compelling value-add opportunity, as current rents are significantly below market with immediate and attainable rental upside. Ideal for investors, 1031 exchange buyers, or owner-users seeking long-term appreciation and income growth in a strong rental market. Conveniently located near major thoroughfares, shopping, dining, and employment hubs, this property combines historical charm, functional unit mix, and future income potential—making it a standout investment in one of Orange County’s most established communities.

7781 15th Street, Westminster

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.