M
Seller's Agent in 2015
Michael Cavner
William Michael Cavner, Broker
(949) 419-3200
3 Total Sales
12691 Josephine St Garden Grove, CA 92841
4
Beds
2
Baths
4,000
Sq Ft
7,875
Sq Ft Lot
About This Home
As of December 201512691 Josephine Street, a multifamily investment comprised of two two-bedroom/one-bathroom and two two-bedroom/two-bathroom units located in the city of Garden Grove, California.
The two story subject property was built in 1985 and has four private one-car garages and contains four extra parking spaces on the courtyard style lot. The property offers quaint landscaping as seen from the excellent street frontage. The asset sits on 0.18 acres and is less than one mile from the 22 freeway providing easy access to interstate 5 and 405 freeways. Additionally, the property is situated within one square mile of multiple elementary, middle and high schools.
Located in a family friendly neighborhood, the property provides an intriguing investment for someone who wants steady cash flow without the hassle of managing more than four tenants, of which two tenants are on HUD housing. The asset provides the astute investor the opportunity to acquire a true pride-of ownership asset which has historically little to no vacancy in one of Orange County’s most accessible areas.
Last Agent to Sell the Property
William Michael Cavner, Broker License #01274709 Listed on: 09/03/2015
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1985
Lot Details
- 7,875 Sq Ft Lot
- No Common Walls
Parking
- 4 Car Garage
- 4 Carport Spaces
Interior Spaces
- 4,000 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Utilities
- Septic Type Unknown
Listing and Financial Details
- Tax Lot 21
- Tax Tract Number 1052
- Assessor Parcel Number 21510115
Community Details
Overview
- 4 Units
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 4 Separate Water Meters
- Electric Expense $403
- Insurance Expense $1,557
- Trash Expense $1,867
- Water Sewer Expense $2,480
- New Taxes Expense $13,807
- Gross Income $5,217
- Net Operating Income $35,874
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/08/2015 12/08/15 | Sold | $1,057,000 | -13.4% | $264 / Sq Ft |
| 11/08/2015 11/08/15 | Pending | -- | -- | -- |
| 09/03/2015 09/03/15 | For Sale | $1,220,000 | 0.0% | $305 / Sq Ft |
| 08/23/2012 08/23/12 | Rented | $1,350 | 0.0% | -- |
| 08/23/2012 08/23/12 | Under Contract | -- | -- | -- |
| 08/22/2012 08/22/12 | For Rent | $1,350 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Michael Cavner
-
Paul Nguyen
Buyer's Agent in 2015
Paul Nguyen
999 Investments, Inc
(949) 678-0681
34 Total Sales
-
Young Byun
Y
Seller's Agent in 2012
Young Byun
Crown Investment Realty
(714) 636-7900
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC15195152
APN: 215-101-15
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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
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