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33473560
33473559

14932-14948 Dillow St., Westminster, CA 92683

BB
CA CA 01409138
Affinity Property Management
JH
CA 02069980
Ashwill Associates Commercial Real Estate
Ashwill Associates Commercial Real Estate
Listed by Affinity Property Management, Ashwill Associates Commercial Real Estate
$2,850,000
1 day on market
Updated 1 day ago

14932-14948 Dillow St.

Details
APN 098-561-05
Property Type Industrial
Sub Type Flex, Warehouse (+1)
Square Footage 6,000
Units 5
Occupancy 100%
Tenancy Multi
Lease Type Modified
Rent Bumps Yes
Year Built 1967
Buildings 1
Acreage 0.250
Zoning M1 - Light Industrial
Parking Spaces 20 spaces
Parking Per SqFt 3.33
Investment Type Value Add
Tenant Credit No Credit Rating
Ground Lease No

Industrial | 6,000 SqFt

Marketing description

Ashwill Associates and Affinity Property Management are pleased to present 14932-14948 Dillow Street, a rare opportunity to acquire a 100% occupied multi-tenant industrial investment property located in the heart of Westminster's highly desirable Little Saigon district. The property consists of approximately 6,000 square feet divided into five industrial units occupied by four long-term tenants, providing stable in-place cash flow, built-in rent growth, and a proven operating history. Current rents average approximately $1.49 per square foot, offering investors meaningful upside potential through future lease renewals and market rent growth.

Strategically positioned less than 300 feet from Bolsa Avenue, Little Saigon's primary commercial corridor, the property benefits from exceptional accessibility and proximity to one of Southern California's most vibrant business districts. Industrial properties within Little Saigon rarely come to market, creating a unique supply-constrained investment opportunity in a highly sought-after Orange County infill location.

With stable income, scheduled rent increases, long-term tenant occupancy, and future rental upside potential, the property presents an attractive opportunity for private investors, family offices, and 1031 exchange buyers seeking a well-located industrial asset with both immediate cash flow and long-term appreciation potential. Offered at $2,850,000, 14932-14948 Dillow Street represents a rare opportunity to acquire a stabilized industrial investment in one of Orange County's most desirable and tightly held industrial submarkets.

Investment highlights

  • 100% occupied five-unit multi-tenant industrial investment property
  • Current annual gross rental income of approximately $107,395
  • Scheduled future rent increases provide built-in revenue growth
  • Average in-place rents remain below market, offering significant upside potential
  • Diversified tenant roster reduces reliance on any single tenant
  • Stable in-place income from four established long-term tenants occupying five units
  • Staggered lease expirations through 2029 provide income stability and leasing flexibility
  • Located in the heart of Westminster's highly sought-after Little Saigon district
  • Industrial properties in Little Saigon rarely come to market, creating scarcity value
  • Strong barriers to entry and limited industrial inventory support long-term appreciation
  • Convenient access to the 405, 22, and 605 Freeways
  • Attractive opportunity for private investors, family offices and 1031 exchange buyers
  • Potential to increase NOI and value through future rent growth and lease rollovers
  • Orange County small-bay industrial market continues to benefit from strong tenant demand and limited supply
  • Well-positioned infill location within one of Southern California's most desirable industrial submarkets
  • Opportunity to acquire a stabilized asset with immediate cash flow and long-term upside potential

Listing Contacts

BB
CA CA 01409138
Affinity Property Management
JH
CA 02069980
Ashwill Associates Commercial Real Estate
Ashwill Associates Commercial Real Estate
Listed by Affinity Property Management, Ashwill Associates Commercial Real Estate

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Additional Information

Name
Bonnie Brown
License
CA 01409138
Brokerage
Affinity Property Management, Inc.
Title
Real Estate Broker
Brokerage Address
1111 Town and Country Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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