12551 Nutwood St Garden Grove, CA 92840
Estimated payment $15,472/month
Highlights
- No HOA
- Ethel M. Evans Elementary School Rated A
- Laundry Room
About This Home
PRICE IMPROVEMENT!! PRIDE OF OWNERSHIP ASSET!! We are pleased to offer for sale this well-located property in the highly desirable rental market of Garden Grove. This asset provides a unit mix of 1 bedroom units that have ALL been completely gutted and renovated with ENTIRELY new kitchens, bathrooms, and flooring within the last year! The exterior has also been renovated with new paint, entry doors, exterior lighting and newer vinyl windows and roof! Each unit is retrofitted with AC units and there is also a renovated laundry room for tenants to utilize. Actual in place rents are also very strong allowing a new owner to have great cash flow from day 1 without the need to significantly raise rents. There is also ample on-site parking along with street parking.
Listing Agent
Alliance Investment RE Group Brokerage Phone: 949-683-6662 License #01085411 Listed on: 06/03/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1960
Lot Details
- 0.28 Acre Lot
- Two or More Common Walls
- Density is 6-10 Units/Acre
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 5,120 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 2252
- Assessor Parcel Number 08906407
- $2,357 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 8 Units
Amenities
- Laundry Facilities
Building Details
- 9 Separate Electric Meters
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Electric Expense $500
- Fuel Expense $2,000
- Insurance Expense $3,500
- Trash Expense $4,733
- Water Sewer Expense $4,800
- Operating Expense $47,964
- Gross Income $198,720
- Net Operating Income $150,756
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/26/2025 08/26/25 | Price Changed | $2,445,000 | -2.0% | $478 / Sq Ft |
| 08/26/2025 08/26/25 | For Sale | $2,495,000 | 0.0% | $487 / Sq Ft |
| 08/25/2025 08/25/25 | Off Market | $2,495,000 | -- | -- |
| 07/17/2025 07/17/25 | Price Changed | $2,495,000 | -5.8% | $487 / Sq Ft |
| 06/10/2025 06/10/25 | Price Changed | $2,649,000 | -1.7% | $517 / Sq Ft |
| 06/03/2025 06/03/25 | For Sale | $2,695,000 | 0.0% | $526 / Sq Ft |
| 10/08/2024 10/08/24 | Off Market | $1,995 | -- | -- |
| 09/04/2024 09/04/24 | For Rent | $1,995 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC25124210
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.
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
- 10442 Lampson Ave
- 10520 Lakeside Dr N Unit L
- 10580 Lakeside Dr N Unit N
- 10580 Lakeside Dr N Unit E
- 12301 Moana Way
- 10181 Lampson Ave
- 12841 Nutwood St
- 12266 Madras Place
- 10371 Garden Grove Blvd Unit 20
- 12555 Euclid St Unit 2
- 12555 Euclid St Unit 79
- 12635 Main St Unit 201
- 12635 Main St Unit 210
- 12256 Lesley St
- 11052 Peppertree Ln
- 12332 Euclid St
- 11081 Iris Dr
- 10094 Larson Ave
- 11881 Old Fashion Way
- 13161 Adland St
- 12605 Kensington Ln Unit 2
- 12235 Morrie Ln
- 12801 Brookhurst St
- 12102 Brookhaven Park
- 10028 Garden Grove Blvd
- 9821 Acacia Ave
- 10691 Mckeen St
- 10691 McKeen Studio St
- 11941 S Della Ln Unit Room 4
- 11941 S Della Ln Unit Room 3
- 10642 Dorothy Ave Unit 8
- 11395 Sherwood Dr
- 11750 Euclid St
- 12673 9th St
- 12675 9th St
- 11441 Acacia Pkwy
- 9382 Bixby Ave
- 1671 W Cindy Ln Unit B
- 9381 Nichols Dr
- 11451 Reva Dr