12111 Adrian St Garden Grove, CA 92840
Estimated payment $11,623/month
About This Home
Great Investment Property! This is a popular Covington two-story multi-family dwelling in good condition with 4,042 SF of living space on a large 7,841 SF lot. The property is located on a quiet cul-de-sac (Adrian Street) with lots of on-street parking for guests. The structure includes a total of 4 residential units which consist of (1)- 1 bd & 1ba, (2)- 2 bd & 2 ba, and (1)- 3 bd & 2 ba units. There are a total of 3 exterior patios, 3 brick fireplaces, 4 single-car garages with 2 additional spaces (1 of which is shared with neighbor), grassed common space, and a coin-operated laundry facility. Between each residential unit, the building structure has concrete block walls separating each other for noise minimizing and safety.
Listing Agent
Hoyt Real Estate, Inc. Brokerage Phone: 949-283-1696 License #01426139 Listed on: 06/23/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1963
Lot Details
- 7,841 Sq Ft Lot
- No Common Walls
- Density is 6-10 Units/Acre
Parking
- 4 Car Garage
Home Design
- Quadruplex
Interior Spaces
- 4,042 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 8 Bedrooms
- 6 Bathrooms
Location
- Urban Location
Listing and Financial Details
- Tax Lot 12
- Tax Tract Number 3601
- Assessor Parcel Number 23115104
- $1,152 per year additional tax assessments
Community Details
Building Details
- 4 Leased Units
- Rent Control
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,200
- Fuel Expense $1,200
- Insurance Expense $2,500
- Trash Expense $1,200
- Water Sewer Expense $3,600
- Operating Expense $6,700
- Gross Income $113,496
- Net Operating Income $82,317
Additional Features
- 4 Units
- Laundry Facilities
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/17/2025 07/17/25 | Price Changed | $1,795,000 | -1.6% | $444 / Sq Ft |
| 06/23/2025 06/23/25 | For Sale | $1,825,000 | +57.3% | $452 / Sq Ft |
| 10/08/2019 10/08/19 | Sold | $1,160,000 | 0.0% | $287 / Sq Ft |
| 10/08/2019 10/08/19 | Sold | $1,160,000 | -3.3% | $287 / Sq Ft |
| 08/14/2019 08/14/19 | Pending | -- | -- | -- |
| 08/14/2019 08/14/19 | Pending | -- | -- | -- |
| 07/16/2019 07/16/19 | For Sale | $1,199,900 | 0.0% | $297 / Sq Ft |
| 05/29/2019 05/29/19 | For Sale | $1,199,900 | -- | $297 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW25135398
APN: 231-151-04
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