NOT LISTED FOR SALE

13711 Magnolia St Garden Grove, CA 92844

6 Beds
-- Bath
2,769 Sq Ft
8,276 Sq Ft Lot

Last Sold January 05, 2022

Last sale price $990,000 $358 Per Sq Ft

15 Days on Market

Highlights

  • No Units Above
  • No HOA
  • Forced Air Heating System
  • Warner Middle Rated A-
  • Laundry Room
  • Level Lot

About This Home

As of January 2022

GREAT INVESTMENT OPPORTUNITY!!! 3 UNITS with 2 bed/1 bath each, and total income is $5000/month. Total living sqft for 3 units is 2769 sqft and lot size is 8276 sqft. Two tenants are currently with Housing assistant. Separate meters for gas and electricity. Tenant pays gas and electricity. Landlord pays trash, insurance, taxes, water and electricity for common area. All 3 units are well kept and with few upgrades. Each has its own 1-car garage in the alley. A brand new A/C wall unit and new flooring in 2 bedrooms were recently installed in the middle unit. Located closed to Little Saigon / Asian Garden Mall, great schools, shopping centers, excellent dining areas and 22 freeway. DRIVE BY ONLY. DRIVE BY ONLY. Please do not disturb or talk to tenants, or enter or walk on properties under any circumstances!

Last Agent to Sell the Property

John Nguyen

One Stop Realty and Financial License #01408888 Listed on: 08/17/2021

Last Buyer's Agent

Dewey On

One Stop Realty and Financial License #01988235

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1976

Lot Details

  • 8,276 Sq Ft Lot
  • No Units Above
  • Two or More Common Walls
  • Level Lot

Parking

  • 3 Car Garage
  • On-Street Parking

Home Design

  • Triplex

Interior Spaces

  • 6 Bedrooms
  • 2,769 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 4131
  • Assessor Parcel Number 09757301

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $305
  • Fuel Expense $924
  • Insurance Expense $1,728
  • Other Expense $1,200
  • Trash Expense $2,238
  • Water Sewer Expense $1,865
  • New Taxes Expense $11,700
  • Operating Expense $19,960
  • Gross Income $60,000
  • Net Operating Income $46,755

Property Details

Home Type

Multi-Family

Year Built

Built in 1976

Lot Details

0

Parking

3

Listing Details

  • Price Per Unit: 325000
  • Property Attached: Yes
  • Water Sewer Expenses: 1865.00
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 09757301
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 2+ Common Walls, No One Above
  • Levels: One
  • Price Per Square Foot: 357.53

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: No
  • Parking Features: Street
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 2238.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 8276.00
  • Lot Size Acres: 0.1900

Multi Family

  • Electric Expense: 305.00
  • Fuel Expense: 924.00
  • Gross Income: 60000.00
  • Gross Scheduled Income: 60000.00
  • Insurance Expense: 1728.00
  • Lot Size Area: 8276.0000 Square Feet
  • Net Operating Income: 46755.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 13245.00
  • Other Expense: 1200.00
  • Other Expense Description: Lawn
  • Rent Control: No
  • Total Expenses: 19960.00

Tax Info

  • New Taxes Expense: 11700.00
  • Tax Census Tract: 888.02
  • Tax Lot: 1
  • Tax Tract Number: 4131

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
01/05/2022 01/05/22 Sold $990,000 0.0% $358 / Sq Ft
08/17/2021 08/17/21 Off Market $990,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • John Nguyen

    Seller's Agent in 2022

    John Nguyen

    One Stop Realty and Financial

    (714) 653-8881

    5 in this area

    47 Total Sales

    Section Image

  • D

    Buyer's Agent in 2022

    Dewey On

    One Stop Realty and Financial

    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21181576

California Regional Multiple Listing Service (CRMLS)

APN: 097-573-01

California Orange County Garden Grove 92844

13711 Magnolia St, Garden Grove, CA

This home is located at 13711 Magnolia St, Garden Grove, CA 92844 since 17 August 2021. This property was built in 1976. 13711 Magnolia St is a home located in Orange County with nearby schools including Anderson Elementary School, Warner Middle, and Westminster High 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

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