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$3,980,000
Est. payment /mo
0.44 Acres Lot
UPDATED:
12/05/2024 02:27 AM
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID AR24137900
HOA Y/N No
Year Built 1960
Lot Size 0.440 Acres
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
Area 699 - Not Defined
Interior
Fireplace No
Laundry Common Area
Exterior
Garage Spaces 10.0
Carport Spaces 6
Garage Description 10.0
Pool None
Community Features Curbs
Total Parking Spaces 16
Private Pool No
Building
Lot Description Garden
Story 2
Entry Level Two
Sewer Unknown
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 10056308
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
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Listed by Margaret Lee • CBD Investment Inc. • 626-236-0199
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