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Closed
- Listed price
- $3,795,000
- Listed Dec 5, 2011
- Sold price
- $3,635,000
- Sold Apr 19, 2012
653,400 sqft lot|1963 Built|141 MLS days on market
7221 TRASK Ave, Westminster, CA 92683
Property Description
PRIDE OF OWNERSHIP -- SINGLE STORY GATED COMPLEX LOCATED IN A RESIDENTIAL NEIGHBORHOOD. VIRTUALLY NO DEFERRED MAINTENANCE. The property sits on over an acre of land with lush landscaping and has a great unit mix of both 1 & 2 bedroom units. The property is 100% occupied (with a waiting list) and was just painted in Nov 2011. The (2) gates are operated electronically with each tenant having their own remote control to enter / exit the premises. The property has COPPER PLUMBING. Ample parking in the rear of the complex. Seller is motivated. The Cap Rate on actuals is 6.64%. This is a great, low maintenance turnkey investment giving an investor a healthy cash on cash return of about 8% (+/-$100,000/year). The property is very stable with virtually no vacancy over the last few years. BUYER ONLY NEEDS 29% DOWN PAYMENT!
Listing agent: Ruben KhorsandiDRE #01085411Ruben@AllianceIRE.com, Listing office: Alliance Investment RE Group
MLS data updated 10/24/2026, 6:12:46 PM PT
Source: CRMLSMLS #: S681618
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Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$3,635,000
Apr 19, 2012
Available records32011–2012
From MLS recordsActual listing and closing events
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This home · nearest recorded event
No recordNo property-price record in this range.ZIP 92683 · Oct 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 0 price recordsNo records in this period
ZIP 92683 · same property typeThis MLS property type has no exact comparison group.
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Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
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MLS records may be incomplete. Earlier asking prices are not sale prices.