$1,445,000
SOLD JAN 22, 2025

11045 Sherman Ave Garden Grove, CA 92843

5 Beds
4 Baths
3,024 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$478 Per Sq Ft

3% Above List Price

20 Days on Market

Highlights

  • Corner Lot
  • Lawn
  • 1-Story Property
  • Stanley Elementary School Rated A-
  • Laundry Room

About This Home

As of January 2025

Awesome opportunity, triplex with an additional bonus unit, situated in the heart of Garden Grove. This property is packed with potential. Boasting an impressive annual income of over $93,000+, Whether you're an owner-occupant or an investor, this property is a perfect choice. Conveniently located with easy access to the 22 and near by freeways. Please respect tenants' privacy—drive-by viewing only!

Last Agent to Sell the Property

Rodrigo Juarez Lopez

Enterprise Real Estate Sales Brokerage Phone: 562-714-8434 License #01913005 Listed on: 11/21/2024

Last Buyer's Agent

Richard Vu

Your 1st Realty License #01326661

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 9,583 Sq Ft Lot
  • Two or More Common Walls
  • Corner Lot
  • Sprinkler System
  • Lawn
  • Back and Front Yard

Parking

  • 2 Car Garage

Home Design

  • Triplex
  • Entry on the 1st floor

Interior Spaces

  • 3,024 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Legal Lot and Block 22 / B
  • Tax Tract Number 1089
  • Assessor Parcel Number 10001323
  • $820 per year additional tax assessments

Community Details

Overview

  • 4 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $3,600
  • Insurance Expense $2,282
  • Trash Expense $504
  • Water Sewer Expense $2,640
  • Operating Expense $9,026
  • Gross Income $93,240
  • Net Operating Income $84,214

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Price Per Unit: 350000
  • Property Attached: Yes
  • Water Sewer Expenses: 2640.00
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 3600.00
  • Parcel Number: 10001323
  • Year Built: 1957
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 477.84

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Sewer: Public Sewer
  • Trash Expense: 504.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot, Front Yard, Lawn, Sprinkler System
  • Lot Size Sq Ft: 9583.00
  • Lot Size Acres: 0.2200

Multi Family

  • Gross Income: 93240.00
  • Gross Scheduled Income: 93240.00
  • Insurance Expense: 2282.00
  • Lot Size Area: 9583.0000 Square Feet
  • Net Operating Income: 84214.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 9026.00
  • Rent Control: No
  • Total Expenses: 9026.00

Tax Info

  • Tax Block: B
  • Tax Census Tract: 886.02
  • Tax Lot: 22
  • Tax Tract Number: 1089
  • TaxOtherAnnualAssessmentAmount: 820.00

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/22/2025 01/22/25 Sold $1,445,000 +3.2% $478 / Sq Ft
12/11/2024 12/11/24 Pending -- -- --
11/21/2024 11/21/24 For Sale $1,400,000 -- $463 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2025

    Rodrigo Juarez Lopez

    Enterprise Real Estate Sales

    (562) 714-8434

    28 Total Sales

    Rodrigo Juarez Lopez
    Section Image
  • Richard Vu

    Buyer's Agent in 2025

    Richard Vu

    Your 1st Realty

    (714) 740-0288

    21 Total Sales

    Richard Vu
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24238626

California Regional Multiple Listing Service (CRMLS)

APN: 100-013-23

California Orange County Garden Grove 92843

11045 Sherman Ave, Garden Grove, CA

This home is located at 11045 Sherman Ave, Garden Grove, CA 92843 and is currently priced at $1,445,000, approximately $477 per square foot. This property was built in 1957. 11045 Sherman Ave is a home located in Orange County with nearby schools including Stanley Elementary School, Garden Grove High School, and St. Columban School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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