$3,720,000
$3,980,000
6.5%For more information regarding the value of a property, please contact us for a free consultation.
1 Bed
SOLD DATE : 05/20/2025
Key Details
Sold Price $3,720,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID AR24137900
Sold Date 05/20/25
Bedrooms 1
Property Sub-Type Res Income 2-4 Units
Property Description
Location, location, location !! Well kept 16-unit multifamily investment property located in the heart of Garden Grove. Spanning a 0.43-acre lot, the property comprises 16 one-bedroom units, collectively offering 9,288 square feet of living area. The units are always fully leased, feature newer windows, sleek color front doors and approximately 10 units have been renovated with modern laminate wood flooring. The property provides gated access for added security, includes 10 garages and 6 carports with convenient alley access. Tenants can enjoy a spacious courtyard equipped with a BBQ area for entertaining. Additionally, there are 6 onsite laundry machines and 2 newer water heaters. Its highly convenient location makes this property an attractive option for both potential tenants and investors.
Location
State CA
County Orange
Zoning Assessor
Direction Garden Grove and Rockinghorse Rd
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Tax ID 10056308
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Bought with OUT OF AREA ARCADIA OUT OF AREA OFFICE
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