NOT LISTED FOR SALE
9 Beds
8 Baths
4,412 Sq Ft
7,841 Sq Ft Lot

Last Sold March 08, 2024

Last sale price $1,818,000 $412 Per Sq Ft

Highlights

  • Corner Lot
  • No HOA
  • Cul-De-Sac
  • Warner Middle Rated A-
  • Neighborhood Views
  • Laundry Room

About This Home

As of March 2024

***GREAT INVESTMENT OPPORTUNITY FOR MULTI-UNITS*** This beautiful 4-plex is located at the end of a quiet cul-de-sac in a lovely family neighborhood of Garden Grove. All units are fully rented, well-maintenance, and each tenant can enjoy their private patios, community laundry room, single car garage with motor, and nicely manicured front lawn and landscaping while living in the premises. 3 units are 2 beds and 2 baths, 1 unit is 3 beds and 2 baths on ground level. This corner 4-plex is conveniently located in the heart of Garden Grove city with easy access to Free way 22, Beach Blvd, Garden Grove Blvd. Few minutes to H-mart, Supermarkets, Rodeo 39, restaurants, schools, near public transportation, and everywhere. All units have their own utility meters for electricity and gas which keeps landlord operating expenses to a minimum. No HOA, plenty of parkings, safe and quite environment. Stop the car Honey! I don't want to miss this long-term investment! This is it!

Last Agent to Sell the Property

Duy Nguyen

Superior Real Estate Group License #02040539 Listed on: 01/25/2024

Superior Real Estate Group

Last Buyer's Agent

Duy Nguyen

Superior Real Estate Group License #02040539 Listed on: 01/25/2024

Superior Real Estate Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 7,841 Sq Ft Lot
  • No Common Walls
  • Cul-De-Sac
  • Corner Lot
  • Sprinkler System
  • Density is 2-5 Units/Acre

Parking

  • 2 Open Parking Spaces
  • 4 Car Garage

Home Design

  • Quadruplex
  • Entry on the 1st floor

Interior Spaces

  • 4,412 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room with Fireplace
  • Storage
  • Laundry Room
  • Laminate Flooring
  • Neighborhood Views

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 8 Bathrooms

Utilities

  • No Heating
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 5186
  • Assessor Parcel Number 09722215

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 3 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $960
  • Fuel Expense $12
  • Gardener Expense $960
  • Insurance Expense $2,400
  • Trash Expense $1,140
  • Water Sewer Expense $1,200
  • New Taxes Expense $20,475
  • Operating Expense $28,476
  • Gross Income $107,400
  • Net Operating Income $78,924

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • View: Yes
  • Water Sewer Expenses: 1200.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 960.00
  • Parcel Number: 09722215
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Storage
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One, Two
  • Price Per Square Foot: 412.06
  • Room Type: Family Room, Kitchen, Living Room

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: No
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: No
  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 1140.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Corner Lot, Cul-De-Sac, Sprinkler System
  • Lot Size Sq Ft: 7841.00
  • Lot Size Acres: 0.1800

Multi Family

  • Electric Expense: 960.00
  • Fuel Expense: 12.00
  • Gross Income: 107400.00
  • Gross Scheduled Income: 107400.00
  • Insurance Expense: 2400.00
  • Lot Size Area: 7841.0000 Square Feet
  • Net Operating Income: 78924.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Operating Expense: 28476.00
  • Rent Control: No
  • Total Actual Rent: 8750.00
  • Total Expenses: 28476.00

Tax Info

  • New Taxes Expense: 20475.00
  • Tax Lot: 6
  • Tax Tract Number: 5186

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 List to Sale Price per Sq Ft
03/08/2024 03/08/24 Sold $1,818,000 -0.1% $412 / Sq Ft
01/25/2024 01/25/24 For Sale $1,819,999 -- $413 / Sq Ft
01/21/2024 01/21/24 Pending -- -- --
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: PW24015297

California Regional Multiple Listing Service (CRMLS)

APN: 097-222-15