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Bidding Opens Nov 4: Six-Unit Westminster Income Property Starting at $2,995,000
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- Tiffany Tram
- 2026-09-30T18:24:00Z
Six Detached Cottage Units on a ±19,001 SF Corner Lot in the Heart of Little Saigon
Bidding opens November 4, 2026 for 9064 Westminster Blvd in Westminster, CA. It's a rare value-add income property at the corner of Magnolia St and Westminster Blvd. The list price of $2,995,000 is the starting bid and may not reflect the final sale price.
The property has six detached, single-story cottage-style units. Each has its own address (9064, 9066, 9068, 9074, 9076 and 9078), its own private garage, and separate gas, electric and water meters. There are no common walls, so each unit lives like its own private home. Tenants pay their own utilities, which keeps owner expenses low. The unit mix is five 1-bed/1-bath units and one 1-bed/2-bath unit.
Investment Highlights
- Below-market rents: All units have long-term tenants, and current rents are well below market. That leaves room to raise income for the next owner.
- Stated income: The listing shows gross scheduled income of $76,440 and net operating income of $63,402, with operating expenses of $13,037.
- The land: The oversized lot is over 19,000 square feet in a supply-starved submarket. It has room to add ADUs for more income and value (buyer to verify with the City of Westminster).
- Location: The property is in the cultural and commercial core of Little Saigon, close to restaurants, markets and shopping. It has quick access to the 22 and 405 freeways and to transit.
- Low-maintenance ownership: The units are separately metered and easy to manage, and the corner lot would be hard to replicate at today's construction costs.
Auction details: Bidding runs 8:00 AM to 12:00 PM PST on November 4, 2026. The seller will consider concessions in an offer. Contact the listing agent for the full auction terms and conditions. Please visit https://globalestatehubllc.com
Please drive by only and do not disturb the tenants.
Listing ID: PW26129756