NOT LISTED FOR SALE
-- Bed
-- Bath
15,720 Sq Ft
35,028 Sq Ft Lot

Last Sold November 17, 2017

Last sale price $5,050,000 $321 Per Sq Ft

17 Days on Market

Highlights

  • 35,028 Sq Ft lot
  • Warner Middle Rated A-
  • Central Heating and Cooling System

About This Home

As of November 2017

We are pleased to present the JP Apartments for sale, a 17- unit pride of ownership property consisting of four buildings on a 35,028-square foot lot. Built in 1980, this is a highly desirable apartment building boasting a strong unit mix with large floor plans. The property recently underwent both extensive exterior and interior renovations such as upgrading most of the kitchens with new cabinets and granite countertops, bathrooms, and flooring throughout. There is also a new concrete driveway, a new hot water heater and the fascia boards have been updated. Property amenities include secured gated entry with 24/7 video surveillance, on-site laundry facility, and a pool and jacuzzi. Located in a great rental market of Garden Grove, the property is near the major intersection of Beach Boulevard and Garden Grove Boulevard. The tenants benefit from the close proximity to the 22 Freeway, Beach Boulevard thoroughfare and shopping centers.

Last Agent to Sell the Property

Daniel Blackwell

CB Richard Ellis, Inc. License #01854961 Listed on: 08/21/2017

Last Buyer's Agent

Doria Merical

License #01893265

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Lot Details

  • 0.8

Interior Spaces

  • 15,720 Sq Ft Home
  • 2-Story Property

Parking

  • 35 Parking Spaces
  • Assigned Parking

Additional Features

  • 35,028 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 4 Buildings
  • 17 Units

Listing and Financial Details

  • Assessor Parcel Number 097-011-29

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

Lot Details

0.8 Acres

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 15720
  • Stories: 2
  • Year Built: 1980
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per S Q F T: 321.25

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Assigned
  • Total Parking: 35

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessed Improvement Value: 1069852
  • Assessed Land Value: 2030148
  • Assessor Parcel Number: 097-011-29
  • Geocode Override: No
  • Lot Size Area: 35028

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 15.60
  • Number Of Units: 17
  • Type Of Units: Apartments
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 List to Sale Price per Sq Ft
11/17/2017 11/17/17 Sold $5,050,000 0.0% $321 / Sq Ft
09/07/2017 09/07/17 Pending -- -- --
08/21/2017 08/21/17 For Sale $5,050,000 -- $321 / Sq Ft
Source: The MLS

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 $82,233 $6,613,295 $4,669,315 $1,943,980
2024 $82,233 $6,483,623 $4,577,760 $1,905,863
2023 $76,868 $6,130,200 $4,488,000 $1,642,200
2022 $75,719 $6,010,000 $4,400,000 $1,610,000
2021 $67,223 $5,308,451 $3,679,125 $1,629,326
2020 $66,420 $5,254,020 $3,641,400 $1,612,620
2019 $65,632 $5,151,000 $3,570,000 $1,581,000
2018 $65,550 $5,050,000 $3,500,000 $1,550,000
2017 $47,856 $3,663,192 $2,522,202 $1,140,990
2016 $40,881 $3,147,275 $2,061,108 $1,086,167
2015 $40,178 $3,100,000 $2,030,148 $1,069,852
2014 $36,519 $2,800,000 $1,730,148 $1,069,852
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 17-263154

The MLS
Your Personal Tour Guide

Ask me questions while you tour the home.