12071 Laguna St Garden Grove, CA 92840
Estimated payment $11,589/month
Highlights
- No HOA
- Laundry Room
- Forced Air Heating System
About This Home
Well maintained, centrally located 4-unit property with 1 three-bedroom unit with two baths, 1 two-bedroom unit with two baths, 1 two-bedroom unit with one bath and 1 one-bedroom unit with one bath. 3 of the units have long term tenants at 7 and 8 years and one tenant new this year. All units are up to date with current rent values. Laundry facility on property – currently not offered with washer and dryer, all units have their own gas and electric meters, all units have ranges, dishwashers and garbage disposals. There are 6 assigned garages with parking available on garage driveways. One unit has 2 private patios, and two units have balconies. This property is centrally located near shopping & entertainment at the Outlets of Orange, public transportation on Chapman Avenue & restaurants on Chapman and at the Outlets of Orange. UCI Medical Center is also nearby. Units in this area have a low vacancy rate. This property is a great investment property with minimal maintenance and rents that offer a generous monthly income with a solid cash flow. Please Do Not Disturb tenants, Drive By Only and all offers Subject To Interior Inspection After Acceptance of Purchase Agreement.
Listing Agent
First Team Real Estate Brokerage Phone: 714-595-2812 License #01722187 Listed on: 07/10/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1964
Lot Details
- 7,841 Sq Ft Lot
- Two or More Common Walls
- Density is up to 1 Unit/Acre
Parking
- 6 Open Parking Spaces
- 6 Car Garage
- Parking Available
- Assigned Parking
Home Design
- Quadruplex
Interior Spaces
- 4,014 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 8 Bedrooms
- 6 Bathrooms
Laundry
- Laundry Room
- Washer Hookup
Utilities
- Forced Air Heating System
- Wall Furnace
- Natural Gas Connected
- Cable TV Available
Listing and Financial Details
- Tax Lot 29
- Tax Tract Number 3509
- Assessor Parcel Number 23101202
- $1,189 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 4 Units
Amenities
- Laundry Facilities
Building Details
- 4 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $53
- Fuel Expense $1,256
- Gardener Expense $660
- Insurance Expense $4,460
- Pest Control $660
- Trash Expense $7,293
- Water Sewer Expense $3,286
- Operating Expense $17,788
- Gross Income $107,400
- Net Operating Income $89,612
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/10/2025 07/10/25 | For Sale | $1,799,999 | +44.0% | $448 / Sq Ft |
| 09/25/2019 09/25/19 | Sold | $1,250,000 | 0.0% | $240 / Sq Ft |
| 08/07/2019 08/07/19 | For Sale | $1,250,000 | +7.8% | $240 / Sq Ft |
| 12/01/2016 12/01/16 | Sold | $1,160,000 | -2.9% | $222 / Sq Ft |
| 10/25/2016 10/25/16 | Pending | -- | -- | -- |
| 10/17/2016 10/17/16 | For Sale | $1,195,000 | 0.0% | $229 / Sq Ft |
| 09/01/2015 09/01/15 | Rented | $1,450 | 0.0% | -- |
| 09/01/2015 09/01/15 | Under Contract | -- | -- | -- |
| 08/27/2015 08/27/15 | For Rent | $1,450 | 0.0% | -- |
| 02/10/2013 02/10/13 | Sold | $845,000 | +1.8% | $211 / Sq Ft |
| 01/11/2013 01/11/13 | Pending | -- | -- | -- |
| 08/27/2012 08/27/12 | For Sale | $830,000 | -- | $207 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC25153831
APN: 231-012-02
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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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