NOT LISTED FOR SALE

12951 Lemonwood Ln Garden Grove, CA 92840

9 Beds
8 Baths
4,245 Sq Ft
8,712 Sq Ft Lot

Last Sold October 12, 2023

Last sale price $1,810,000 $426 Per Sq Ft

31 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • 6 Car Garage
  • Crosby Elementary School Rated A-
  • Laundry Room
  • Combination Of Heating Systems

About This Home

As of October 2023

4 Units. Conveniently located near 22 FWY between Euclid and Harbor. All units in good condition. All units updated with newer windows, kitchen, bathroom, floor and recessed lights. All units has its own garage. Property has community laundry for extra income. 4 separate meters for the electricity.
All Units has 2 bathrooms. 3 bedroom units has direct access to the garage.

Last Agent to Sell the Property

Nancy Kim

Credent Real Estate License #01269526 Listed on: 08/15/2023

Co-Listed By

Jonathan Kim

Credent Real Estate License #02000753

Last Buyer's Agent

Kim Tran

Advance Estate Realty License #01341952

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1976

Lot Details

  • 8,712 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 6 Car Garage
  • Parking Available
  • Off-Street Parking

Home Design

  • Quadruplex

Interior Spaces

  • 4,245 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 8 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Combination Of Heating Systems
  • Natural Gas Connected

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 09029418
  • $1,121 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $431
  • Fuel Expense $1,847
  • Insurance Expense $3,215
  • Trash Expense $3,546
  • Water Sewer Expense $2,618
  • Operating Expense $29,229
  • Gross Income $99,000
  • Net Operating Income $69,770

Property Details

Home Type

Multi-Family

Year Built

Built in 1976

Lot Details

0

Parking

6

Listing Details

  • Price Per Unit: 450000
  • Property Attached: Yes
  • Water Sewer Expenses: 2618.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 09029418
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Entry Location: street
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 426.38

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Garage, Off Street
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal
  • Heating Type: Combination
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 3545.90
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 8712.00
  • Lot Size Acres: 0.2000

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Electric Expense: 430.86
  • Fuel Expense: 1847.30
  • Gross Income: 99000.00
  • Gross Scheduled Income: 99000.00
  • Insurance Expense: 3215.00
  • Laundry Income: 2400.00
  • Lot Size Area: 8712.0000 Square Feet
  • Net Operating Income: 69770.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 29230.00
  • Rent Control: No
  • Total Actual Rent: 96600.00
  • Total Expenses: 29229.22

Tax Info

  • Tax Census Tract: 885.01
  • TaxOtherAnnualAssessmentAmount: 1121.00

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 Change Sq Ft Price
10/12/2023 10/12/23 Sold $1,810,000 +0.6% $426 / Sq Ft
09/15/2023 09/15/23 Pending -- -- --
08/15/2023 08/15/23 For Sale $1,800,000 0.0% $424 / Sq Ft
12/02/2016 12/02/16 Rented $1,550 0.0% --
11/17/2016 11/17/16 For Rent $1,550 -- --
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: PW23152088

California Regional Multiple Listing Service (CRMLS)

APN: 090-294-18