8952 Mcclure Avenue
About This Property
Situated on a large corner lot in the heart of Little Saigon, this property offers exceptional potential for ADU development, expansion, or multi-unit possibilities (buyer to verify with the City of Westminster). The oversized lot and corner positioning provide ideal access and layout for multiple ADU units, separate entrances, or future value-add improvements.
Properties with this kind of lot size and corner configuration are increasingly rare in Westminster, making this a strong opportunity for investors, builders, or homeowners looking to generate rental income.
The property also features a spacious yard with mature fruit trees, creating a peaceful outdoor environment while still leaving ample room for additional structures.
Located just minutes from Bolsa Ave, Little Saigon, major shopping centers, restaurants, parks, and freeway access, this property combines location, land value, and development potential.
Perfect for:
• ADU builders
• Investors seeking rental income
• Multi-generational living
• Future development opportunities
Corner Lot • Huge Land Potential • Prime Westminster Location
Opportunities like this rarely come to market - don't miss it.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 8, 2026 | In contract | - | |
| In contract | |||
| Apr 7, 2026 | Sold | ||
| Sold | |||
| Mar 12, 2026 | Listed by HPT Realty | $1,288,888 | |
| Listed by HPT Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017