NOT LISTED FOR SALE

12851 Flower St Garden Grove, CA 92840

Koreatown Neighborhood
7 Beds
5 Baths
27,442 Sq Ft
1.3 Acres

Last Sold September 28, 2021

Last sale price $8,400,000 $306 Per Sq Ft

14 Days on Market

Highlights

  • 1.3 Acre Lot
  • Laundry Room
  • Landscaped
  • Garden Grove High School Rated A

About This Home

As of September 2021

***25 UNITS IN A GREAT QUIET GARDEN GROVE LOCATION! 6 BUILDINGS OVER 27,000 SQUARE FEET ON 3 SEPARATE LOTS OVER 56,000 SQUARE FEET! 21 UNITS ARE 2 AND 3 BR TOWNHOMES STYLE APTS, 4 UNITS ARE SINGLE STORY 2 BR APTS! ALL UNITS HAVE A PRIVATE YARD/PATIO AND THIS COMPLEX IS GATED! FIRST TIME ON THE MARKET IN 38 YEARS! BRAND NEW EXTERIOR PAINT, SOME FENCING AND WOOD REPAIRS! HUGE UPSIDE ON RENTS. PROPERTY INCLUDES A HUGE TRIPLEX BUILT IN 2001! PLEASE CALL THE LISTING AGENT FOR A COMPLETE MARKETING PACKAGE!

Last Agent to Sell the Property

Gregg Horvath

R.L.M. Equities License #01007015 Listed on: 07/08/2021

Last Buyer's Agent

Gregg Horvath

R.L.M. Equities License #01007015 Listed on: 07/08/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 1.3 Acre Lot
  • 1 Common Wall
  • Landscaped

Parking

  • 24 Open Parking Spaces
  • 28 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 27,442 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 5175
  • Assessor Parcel Number 08967203

Community Details

Overview

  • 6 Buildings
  • 25 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 31 Separate Electric Meters
  • 31 Separate Gas Meters
  • 6 Separate Water Meters
  • Operating Expense $201,764
  • Gross Income $294,700
  • Net Operating Income $292,936

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Parking

28

Listing Details

  • Other Phone Description: 7142900298
  • Other Phone Number: 7142900298
  • Property Attached: Yes
  • Zoning: R-3
  • Property Type: Residential Income
  • Parcel Number: 08967203
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 306.10

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 28.00
  • Total Parking Spaces: 52.00
  • Uncovered Spaces: 24.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Other
  • Water Source: Other

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 56628.00
  • Lot Size Acres: 1.3000

Multi Family

  • Gross Income: 294700.00
  • Gross Scheduled Income: 494700.00
  • Lot Size Area: 56628.0000 Square Feet
  • Net Operating Income: 292936.00
  • Number Of Separate Electric Meters: 31
  • Number Of Separate Gas Meters: 31
  • Number Of Separate Water Meters: 6
  • Number Of Units Total: 25
  • Operating Expense: 201764.00
  • Other Income Description: CALL AGENT FOR OM
  • Rent Control: Yes
  • Total Expenses: 201764.00

Tax Info

  • Tax Census Tract: 887.01
  • Tax Lot: 7
  • Tax Tract Number: 5175

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
09/28/2021 09/28/21 Sold $8,400,000 +1.8% $306 / Sq Ft
07/22/2021 07/22/21 Pending -- -- --
07/08/2021 07/08/21 For Sale $8,250,000 -- $301 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Gregg Horvath

    Seller's Agent in 2021

    Gregg Horvath

    R.L.M. Equities

    (714) 290-0298

    2 in this area

    20 Total Sales

    Gregg Horvath
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21148227

California Regional Multiple Listing Service (CRMLS)
California Orange County Garden Grove 92840 Koreatown

12851 Flower St, Garden Grove, CA

This home is located at 12851 Flower St, Garden Grove, CA 92840 since 08 July 2021. This property was built in 1964. 12851 Flower St is a home located in Orange County with nearby schools including Brookhurst Elementary School, Garden Grove High School, and St. Columban School.

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.

California Regional Multiple Listing Service (CRMLS) 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

Nearby Homes