Description
Pride of ownership asset at a 6.02% cap rate on actuals! we are pleased to offer for sale this well-located property in the highly desirable rental market of garden grove. this asset provides a unit mix of 1 bedroom units that have all been completely gutted and renovated with entirely new kitchens, bathrooms, and flooring! the exterior has also been completely renovated with a new roof, fascia, paint, stucco, vinyl windows, entry doors, garage doors, exterior lighting and new concrete throughout the entire property. the entire property was also just recently re-plumbed with new gas lines for each unit. there is also a renovated laundry room with two washers and two dryers that are owned! each unit also includes a/c units. there are also garages for each unit for tenants to enjoy. there is also a rubs program in place for tenants to reimburse the owner for utilities which keeps operating expenses low.
Property Type
Residential IncomeCounty
OrangeStyle
Residential IncomeAD ID
49340986
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Property Details
-
Interior Features
Water/Sewer
- Sewer : Public Sewer
-
Exterior Features
Building Information
- Year Built: 1959
- Building Area Total: 4,978
Pool Features
- None
Laundry Features
- Common Area
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.24
- Lot Size Source: Assessor
- Lot Size Square Feet: 10454
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Listing Information
Listing Price Information
- Original List Price: 2,499,000
- Listing Contract Date: 2025-04-11
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 10050102
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
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School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 64 - Garden Grove E of Euclid, W of Harbor
- Postal Code Plus 4: 1550
- Directions: Located off of Garden Grove Blvd. & Rockinghorse Rd.
- Source Property Type: Residential Income
- Area: 64 - Garden Grove E of Euclid, W of Harbor
- Property SubType: Apartment
Building and Construction
- Property Age: 66
- Common Walls: 2+ Common Walls
- Structure Type: Apartment
- Year Built Source: Assessor
- Entry Level: 1
- Entry Location: 1
- Property Attached: Yes
- Levels or Stories: Two
- Building Total Stories: 2
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BuyOwner last updated this listing 04/15/2025 @ 06:28
- MLS: OC25080094
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is for sale, it has 4,978 sqft, 10,454 sized lot, and 8 parking. are nearby neighborhoods.