NOT LISTED FOR SALE

12442 Groveview St Garden Grove, CA 92840

2 Beds
1 Bath
3,780 Sq Ft
9,583 Sq Ft Lot

Last Sold January 22, 2018

Last sale price $1,100,000 $291 Per Sq Ft

11 Days on Market

Highlights

  • Corner Lot
  • Laundry Room
  • 4-minute walk to Spirit of ‘76 Mini Park
  • Garden Grove High School Rated A
  • Garden

About This Home

As of January 2018

A nicely maintained 4 unit building at Brookhurst & Lampson in the heart of Garden Grove. Located on a quiet cul-de-sac street with stable tenants in place. All units are 2 Bedroom 1 Bath with two, two car garages. Building also features a laundry room. Pride of ownership units..Drive by only, do not disturb tenants

Last Agent to Sell the Property

Steve Stovall

Seven Gables Real Estate License #00596886 Listed on: 11/26/2017

Co-Listed By

Micah Stovall

Seven Gables Real Estate License #01240489

Last Buyer's Agent

Paul Nguyen

Realty Savers License #01439693

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 9,583 Sq Ft Lot
  • No Common Walls
  • Corner Lot
  • Garden
  • Front Yard

Parking

  • 4 Car Garage

Interior Spaces

  • 3,780 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Additional Features

  • Exterior Lighting
  • Suburban Location
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 1670
  • Assessor Parcel Number 08937508

Community Details

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $360
  • Insurance Expense $1,800
  • Trash Expense $1,980
  • Water Sewer Expense $3,600
  • New Taxes Expense $12,650
  • Operating Expense $9,430
  • Gross Income $64,200
  • Net Operating Income $54,770

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 3600.00
  • Property Type: Residential Income
  • Parcel Number: 08937508
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 291.01

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community, Individual Room
  • Sewer: Public Sewer, Sewer Paid
  • Trash Expense: 1980.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Front Yard, Garden, Lot 6500-9999
  • Lot Size Sq Ft: 9583.00

Multi Family

  • Average2 Bed Area: 950 Square Feet
  • Electric Expense: 360.00
  • Gross Income: 64200.00
  • Gross Scheduled Income: 64200.00
  • Insurance Expense: 1800.00
  • Net Operating Income: 54770.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 9430.00
  • Rent Control: No
  • Total Expenses: 9430.00
  • Vacancy Allowance Rate: 2.00

Tax Info

  • New Taxes Expense: 12650.00
  • Tax Census Tract: 882.03
  • Tax Lot: 8
  • Tax Tract Number: 1670

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
01/22/2018 01/22/18 Sold $1,100,000 +0.1% $291 / Sq Ft
11/26/2017 11/26/17 For Sale $1,099,000 -- $291 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC17264143

California Regional Multiple Listing Service (CRMLS)

APN: 089-375-08