NOT LISTED FOR SALE

12501 Camus Ln Garden Grove, CA 92841

7 Beds
5 Baths
5,067 Sq Ft
9,583 Sq Ft Lot

Last Sold July 31, 2015

Last sale price $1,245,000 $246 Per Sq Ft

10 Days on Market

Highlights

  • Granite Countertops
  • Private Yard
  • Laundry Room
  • Alamitos Intermediate School Rated A-
  • Cooling System Mounted To A Wall/Window
  • Tile Flooring

About This Home

As of July 2015

Welcome to Le Trianon! An investment opportunity awaits to capture this gem’s full potential. This property beckons to be managed, this is a tremendous opportunity to capture rental upside potential of about 9%. Stable tenant retention through the years and a great rental outlook due to the desirability of the area will surely continue a healthy cash flow. Newly leased washers and dryers provide an additional laundry income that further strengthens the property’s cash flow. This six-unit property consists of: 2 units that are 2 bedrooms with 1 bath, and 4 units that are 1 bedroom with 1 bath. Floor plans flow nicely and are very spacious with large closet and hallways. Most units have been upgraded with granite kitchen counter-tops, Pergo simulated wood floors or tile, and upgraded bathrooms. Three units downstairs have private patios. Three units upstairs have nice balcony patio areas for sitting and viewing the neighborhood. Separately metered for electricity and each tenant also have separate garages with single roll-up doors. Ease of access from many directions and ample parking are sure to impress.

Last Agent to Sell the Property

Jef Karchin

Karchin.com License #00597402 Listed on: 06/25/2015

Last Buyer's Agent

Paul Nguyen

999 Investments, Inc License #01714869

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 9,583 Sq Ft Lot
  • Two or More Common Walls
  • Sprinklers on Timer
  • Private Yard

Parking

  • 6 Car Garage

Home Design

  • Property Attached
  • Composition Roof

Interior Spaces

  • 5,067 Sq Ft Home
  • 2-Story Property

Kitchen

  • Gas Cooktop
  • Granite Countertops

Flooring

  • Carpet
  • Laminate
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Location

  • Urban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 14
  • Tax Tract Number 4844
  • Assessor Parcel Number 13159201

Community Details

Building Details

  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $7,400
  • Net Operating Income $87,600

Additional Features

  • 6 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Parking

6

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 13159201
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Granite Counters
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Carpet, Stone, Tile
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 245.71

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Available
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Urban

Lot Info

  • Lot Features: Sprinklers Timer, Yard
  • Lot Size Sq Ft: 9583.00
  • Price Per Lot Square Foot: 129.92
  • Lot Size Acres: 0.2200

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 7400.00
  • Gross Scheduled Income: 87600.00
  • Laundry Equipment Own Lease: Lease
  • Lot Size Area: 9583.0000 Square Feet
  • Net Operating Income: 87600.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Number With Patio: 6
  • Number With Range: 6
  • Rent Control: No
  • Total Actual Rent: 7300.00

Tax Info

  • Tax Lot: 14
  • Tax Tract Number: 4844

Range of Values:

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Sold Price
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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 Change Sq Ft Price
07/31/2015 07/31/15 Sold $1,245,000 +4.2% $246 / Sq Ft
07/05/2015 07/05/15 Pending -- -- --
06/25/2015 06/25/15 For Sale $1,195,000 -- $236 / 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: PW15138625

California Regional Multiple Listing Service (CRMLS)