NOT LISTED FOR SALE

13058 Westlake St Garden Grove, CA 92843

Estimated Value: $1,092,000 - $1,294,000

5 Beds
4 Baths
1,472 Sq Ft
$792/Sq Ft Est. Value

Last Sold November 30, 2023

Last sale price $999,900 $679 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $7,351/month

81 Days on Market

Highlights

  • RV Access or Parking
  • Corner Lot
  • Laundry Room
  • Donald S. Jordan Intermediate School Rated A
  • No HOA
  • Central Heating

About This Home

As of November 2023

Diamond in the Rough! Great Opportunity for Investors!! Welcome to 13058 Westlake St,Garden Grove. The property has three (3) existing residential units at 13058 and 13062 Westlake Street, and 10591 Walnut Street, respectively. The units are occupied, and current rent is $4,200 per month. There is a huge parking lot. The property is in a Prime location with a short drive to Little Saigon, Disneyland, Huntington Beach and John Wayne Airport. Costco and Home Depot are within walking distance. The huge lot size spans over 10,000 sq ft. tremendous income potential for this Garden Grove property. Don’t miss this opportunity!

Last Agent to Sell the Property

Katrina Pham

L.S. Gateway Realtors License #01700367 Listed on: 03/19/2023

Last Buyer's Agent

Katrina Pham

L.S. Gateway Realtors License #01700367 Listed on: 03/19/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,608

Year Built

  • Built in 1942

Lot Details

  • 10,019 Sq Ft Lot
  • 1 Common Wall
  • Corner Lot
  • Rectangular Lot
  • Value in Land

Parking

  • 3 Car Garage
  • Parking Available
  • Front Facing Garage
  • Single Garage Door
  • Parking Lot
  • RV Access or Parking

Home Design

  • Triplex

Interior Spaces

  • 1,472 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Additional Features

  • Exterior Lighting
  • Central Heating

Listing and Financial Details

  • Tenant pays for all utilities, parking fee
  • Tax Lot 1
  • Tax Tract Number 645
  • Assessor Parcel Number 09909002
  • $791 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $2,200
  • Other Expense $2,200
  • Trash Expense $360
  • Water Sewer Expense $1,800
  • Operating Expense $4,360
  • Gross Income $11,400
  • Net Operating Income $57,440

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,608

Year Built

Built in 1942

Lot Details

0

Parking

3

Listing Details

  • Price Per Unit: 400000
  • Property Attached: Yes
  • Water Sewer Expenses: 1800.00
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 09909002
  • Year Built: 1942
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 679.28

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Concrete, Garage Faces Front, Garage - Single Door, Parking Space, Private, RV Access/Parking
  • Total Parking Spaces: 10.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Trash Expense: 360.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Lot 10000-19999 Sqft, Rectangular Lot, Value In Land
  • Lot Size Sq Ft: 10019.00
  • Lot Size Acres: 0.2300

Rental Info

  • Tenant Pays: All Utilities, Parking Fee

Multi Family

  • Gross Income: 11400.00
  • Gross Scheduled Income: 61800.00
  • Insurance Expense: 2200.00
  • Lot Size Area: 10019.0000 Square Feet
  • Net Operating Income: 57440.00
  • Number Of Rented Garages: 1
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 3
  • Operating Expense: 4360.00
  • Other Expense: 2200.00
  • Other Expense Description: 2160
  • Other Income1: 100.00
  • Other Income Description: 1 PARKING SPACE
  • Rent Control: No
  • Total Expenses: 4360.00

Tax Info

  • Tax Census Tract: 886.01
  • Tax Lot: 1
  • Tax Tract Number: 645
  • TaxOtherAnnualAssessmentAmount: 791.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2023
Closed on
Nov 21, 2023
Sold by
Cam Van Ly Revocable Living Trust
Bought by
Dang Antonioni and Dang Van Tran
Seller's Agent
Katrina Pham
L.S. Gateway Realtors
Buyer's Agent
Katrina Pham
L.S. Gateway Realtors
List Price
$1,200,000
Sold Price
$999,900
Premium/Discount to List
-$200,100
-16.68%
Views
289
Current Estimated Value
$1,156,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,198
Avg. Annual Appreciation
8.77%
Original Mortgage
$699,900
Outstanding Balance
$691,306
Interest Rate
7.57%
Mortgage Type
New Conventional
Estimated Equity
$463,218

Purchase Details

Listed on
Mar 19, 2023
Closed on
Nov 18, 2023
Sold by
Tran Maixuan Dang
Bought by
Vantran Phi Van
Seller's Agent
Katrina Pham
L.S. Gateway Realtors
Buyer's Agent
Katrina Pham
L.S. Gateway Realtors
List Price
$1,200,000
Sold Price
$999,900
Premium/Discount to List
-$200,100
-16.68%
Views
289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$699,900
Outstanding Balance
$691,306
Interest Rate
7.57%
Mortgage Type
New Conventional
Estimated Equity
$463,218

Purchase Details

Closed on
Sep 27, 2013
Sold by
Vanly Cam
Bought by
Vanly Cam

Purchase Details

Closed on
May 20, 2013
Sold by
Vanly Cam and Nguyen Kim Loan
Bought by
Vanly Cam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 27, 2004
Sold by
Nguyen Kim Loan and Ly Cam Van
Bought by
Ly Cam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.79%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jul 31, 2000
Sold by
Kim Nguyen
Bought by
Nguyen Kim Loan and Ly Cam Van

Purchase Details

Closed on
Dec 4, 1998
Sold by
Estrada Maria
Bought by
Nguyen Kim Loan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
6.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 23, 1994
Sold by
Wheeler Leeo William
Bought by
Wheeler Leeo William
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Dang Antonioni $1,000,000 Lawyers Title Company
Vantran Phi Van -- Lawyers Title Company
Vanly Cam -- None Available
Vanly Cam -- Fidelity National Title
Ly Cam -- Fidelity National Title Co
Vanvanly Cam Van -- Fidelity National Title Co
Nguyen Kim Loan -- --
Nguyen Kim Loan $130,000 First American Title Ins Co
Wheeler Leeo William -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dang Antonioni $699,900
Closed Dang Antonioni $200,000
Previous Owner Vanly Cam $210,000
Previous Owner Ly Cam $200,000
Previous Owner Nguyen Kim Loan $104,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2023 11/30/23 Sold $999,900 -16.7% $679 / Sq Ft
08/21/2023 08/21/23 For Sale $1,200,000 0.0% $815 / Sq Ft
06/08/2023 06/08/23 Pending -- -- --
03/19/2023 03/19/23 For Sale $1,200,000 -- $815 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $12,608 $1,019,898 $932,640 $87,258
2024 $12,608 $999,900 $914,352 $85,548
2023 $3,190 $208,409 $125,297 $83,112
2022 $3,116 $204,323 $122,840 $81,483
2021 $3,081 $200,317 $120,431 $79,886
2020 $3,040 $198,263 $119,196 $79,067
2019 $3,075 $194,376 $116,859 $77,517
2018 $3,019 $190,565 $114,567 $75,998
2017 $2,979 $186,829 $112,321 $74,508
2016 $2,853 $183,166 $110,118 $73,048
2015 $2,813 $180,415 $108,464 $71,951
2014 $2,749 $176,881 $106,339 $70,542
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23045203

California Regional Multiple Listing Service (CRMLS)

APN: 099-090-02