NOT LISTED FOR SALE
8 Beds
8 Baths
4,016 Sq Ft
10,337 Sq Ft Lot

Sale Details

Date Sold: April 15, 2025

Last sale price $1,540,000 $383 Per Sq Ft

32 Days on Market

About This Home

As of April 2025

Investor’s dream! Welcome to 8209 Larson Ave, a prime Fourplex in the heart of Garden Grove, offering a rare and lucrative opportunity for steady rental income and long-term growth. Each of the four units features 2 bedrooms and 2 bathrooms, appealing to a wide range of tenants in this high-demand rental market. With No HOA fees, this property maximizes profitability while minimizing overhead costs. Its prime location near Freeway 22, Rodeo 39 Public market, Costco Business center, H-Mart Garden Grove, Target, restaurants, markets, and shopping centers ensures consistent tenant interest and easy commuting. Garden Grove's thriving rental market offers strong occupancy rates and potential for rental increases, making this an ideal buy-and-hold investment. Whether you're looking to expand your portfolio or secure a reliable income stream, this property is a high-yield opportunity you won’t want to miss!

Last Agent to Sell the Property

Khang Nguyen

Frontier Realty Inc Brokerage Phone: 714 591-7979 License #02193509 Listed on: 02/27/2025

Co-Listed By

Vanessa Ly

Frontier Realty Inc Brokerage Phone: 714 591-7979 License #02226395

Last Buyer's Agent

Kim Tran

Advance Estate Realty License #01341952

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 10,337 Sq Ft Lot
  • 1 Common Wall

Home Design

  • Quadruplex
  • Entry on the 1st floor

Interior Spaces

  • 4,016 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Parking

  • 8 Parking Spaces
  • 1 Carport Space

Additional Features

  • Suburban Location
  • Natural Gas Connected

Listing and Financial Details

  • Legal Lot and Block 20 / A
  • Tax Tract Number 1075
  • Assessor Parcel Number 09701120
  • $11,893 per year additional tax assessments

Community Details

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,800
  • Trash Expense $1,900
  • Water Sewer Expense $3,000
  • New Taxes Expense $17,500
  • Operating Expense $24,200
  • Gross Income $84,600
  • Net Operating Income $60,400

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

10,337 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 3000.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 09701120
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 383.47

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 1.00
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 1900.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 10337.00
  • Lot Size Acres: 0.2373

Multi Family

  • Gross Income: 84600.00
  • Gross Scheduled Income: 91800.00
  • Insurance Expense: 1800.00
  • Lot Size Area: 10337.0000 Square Feet
  • Net Operating Income: 60400.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 24200.00
  • Rent Control: No
  • Total Actual Rent: 7050.00
  • Total Expenses: 24200.00

Tax Info

  • New Taxes Expense: 17500.00
  • Tax Block: A
  • Tax Census Tract: 888.01
  • Tax Lot: 20
  • Tax Tract Number: 1075
  • TaxOtherAnnualAssessmentAmount: 11893.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2025
Closed on
Apr 4, 2025
Sold by
Bought by
Seller's Agent
Khang Nguyen
Frontier Realty Inc
Buyer's Agent
Kim Tran
Advance Estate Realty
List Price
$1,699,000
Sold Price
$1,540,000
Premium/Discount to List
-$159,000
-9.36%
Views
61

Purchase Details

Closed on
Apr 24, 2022
Sold by
Bought by

Purchase Details

Listed on
Dec 6, 2019
Closed on
Feb 23, 2020
Sold by
Bought by
Seller's Agent
Adrian Martinez
T.N.G. Real Estate Consultants
Buyer's Agent
Antoine Tran
Brightline Capital Group
List Price
$1,299,000
Sold Price
$1,280,000
Premium/Discount to List
-$19,000
-1.46%

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
3.6%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 7, 2016
Closed on
Nov 28, 2016
Sold by
Bought by
Seller's Agent
Jessica Hong
Realty One Group West
Buyer's Agent
HIEU PHAN
PRO ESTATE REALTY
List Price
$1,029,888
Sold Price
$995,000
Premium/Discount to List
-$34,888
-3.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.14%
Original Mortgage
$595,000
Interest Rate
3.47%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 1, 2013
Closed on
Feb 12, 2013
Sold by
Bought by
Seller's Agent
Esther Stepanian
Balboa Real Estate, Inc
Buyer's Agent
Jessica Hong
Realty One Group West
List Price
$775,000
Sold Price
$775,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.93%
Original Mortgage
$220,000
Interest Rate
3.53%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 5, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,900
Interest Rate
6.42%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 18, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
6.61%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 14, 2004
Sold by
Bought by

Purchase Details

Closed on
Oct 6, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,000
Interest Rate
5.72%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 15, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,000
Interest Rate
5.72%
Mortgage Type
Commercial

Purchase Details

Closed on
May 1, 1997
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,540,000 Lawyers Title
-- Priority Land Title
-- Priority Land Title
$1,280,000 Fidelity Natl Ttl Orange Cnt
$995,000 Lawyers Title Insurance Corp
$795,000 California Title Company
$925,000 Ticor Title Tustin Orange Co
-- None Available
-- --
-- First Southwestern Title Co
$610,000 First Southwestern Title Co
-- Investors Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $200,000
Previous Owner $595,000
Previous Owner $100,000
Previous Owner $220,000
Previous Owner $431,250
Previous Owner $424,900
Previous Owner $375,000
Previous Owner $427,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/15/2025 04/15/25 Sold $1,540,000 -8.3% $383 / Sq Ft
03/31/2025 03/31/25 Pending -- -- --
03/14/2025 03/14/25 Price Changed $1,679,000 -1.2% $418 / Sq Ft
02/27/2025 02/27/25 For Sale $1,699,000 +32.7% $423 / Sq Ft
02/26/2020 02/26/20 Sold $1,280,000 +0.1% $319 / Sq Ft View Prior Sale
02/04/2020 02/04/20 Pending -- -- --
01/05/2020 01/05/20 Price Changed $1,279,000 -1.5% $318 / Sq Ft
12/06/2019 12/06/19 For Sale $1,299,000 +30.6% $323 / Sq Ft
12/09/2016 12/09/16 Sold $995,000 -3.4% $248 / Sq Ft View Prior Sale
10/17/2016 10/17/16 Pending -- -- --
09/07/2016 09/07/16 For Sale $1,029,888 0.0% $256 / Sq Ft
08/18/2016 08/18/16 Pending -- -- --
08/09/2016 08/09/16 Price Changed $1,029,888 +3.0% $256 / Sq Ft
07/19/2016 07/19/16 For Sale $999,888 +29.0% $249 / Sq Ft
03/18/2013 03/18/13 Sold $775,000 0.0% $193 / Sq Ft View Prior Sale
02/13/2013 02/13/13 Pending -- -- --
02/01/2013 02/01/13 For Sale $775,000 -- $193 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $17,498 $1,399,865 $1,247,748 $152,117
2024 $17,498 $1,372,417 $1,223,282 $149,135
2023 $16,921 $1,345,507 $1,199,296 $146,211
2022 $16,667 $1,319,125 $1,175,780 $143,345
2021 $16,312 $1,293,260 $1,152,725 $140,535
2020 $13,480 $1,055,901 $898,589 $157,312
2019 $13,321 $1,035,198 $880,970 $154,228
2018 $13,303 $1,014,900 $863,696 $151,204
2017 $12,809 $995,000 $846,760 $148,240
2016 $10,594 $826,987 $683,446 $143,541
2015 $10,411 $814,565 $673,180 $141,385
2014 $10,175 $798,609 $659,993 $138,616
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25043603

California Regional Multiple Listing Service (CRMLS)
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