NOT LISTED FOR SALE

8861 Anthony Ave Garden Grove, CA 92841

Koreatown Neighborhood
4 Beds
3 Baths
2,327 Sq Ft
8,110 Sq Ft Lot

Last Sold November 23, 2016

Last sale price $710,000 $305 Per Sq Ft

60 Days on Market

Highlights

  • Traditional Architecture
  • Corner Lot
  • No HOA
  • Stanford Elementary School Rated A
  • Granite Countertops
  • Cooling System Mounted To A Wall/Window

About This Home

As of November 2016

BIG PRICE REDUCTION!!!!Own your own investment property in Garden Grove. Great 3 units on a 8110 sq. f. lot that hasn't been on the market since 1979. According to seller, two of the units have been remodeled in the last 4 years - laminate floors, kitchen sinks, granite counter tops, paint; each unit has a 1 car garage and all units have free access to laundry room; all units have enclosed back patios and access to a green front lawn perfect for outdoor activities; contracted gardener in charge with landscaping; separate electric and gas meters for each unit. Tenants have been there for a long time(4-18 years) and would like to continue living there. Seller hasn't raised rents in 4 years and they are below market values for that area. Located in a desirable high rent neighborhood with long term tenants and convenient walking distance to supermarkets and restaurants right around the corner.

Last Agent to Sell the Property

Claudiu Giorgioni

First Team Real Estate License #01976061 Listed on: 08/01/2016

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 8,110 Sq Ft Lot
  • Property fronts an alley
  • No Common Walls
  • Corner Lot
  • Level Lot
  • Front Yard Sprinklers

Parking

  • 3 Car Garage

Home Design

  • Traditional Architecture
  • Patio Home
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 2,327 Sq Ft Home
  • 1-Story Property
  • Granite Countertops
  • Laundry Room

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Location

  • Urban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 7
  • Tax Tract Number 3703
  • Assessor Parcel Number 13344213

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • Electric Expense $372
  • Gardener Expense $995
  • Insurance Expense $4,800
  • Trash Expense $1,002
  • Water Sewer Expense $2,010
  • New Taxes Expense $1,278
  • Gross Income $3,300
  • Net Operating Income $28,759

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0

Parking

3

Listing Details

  • Property Attached: No
  • Road Frontage Type: Alley
  • Subdivision Name Other: 881.07
  • View: No
  • Water Sewer Expenses: 2010.00
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Gardener Expense: 995.00
  • Parcel Number: 13344213
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Granite Counters
  • Stories: 1
  • Entry Location: Ground Level No Steps
  • Common Walls: No Common Walls
  • Flooring: Laminate, Carpet
  • Levels: One
  • Price Per Square Foot: 305.11

Exterior Features

  • Foundation: Slab
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Trash Expense: 1002.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Level, Patio Home, Corner Lot, Sprinklers In Front
  • Lot Size Sq Ft: 8110.00
  • Price Per Lot Square Foot: 92.47

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 372.00
  • Gross Income: 3300.00
  • Gross Scheduled Income: 39600.00
  • Insurance Expense: 4800.00
  • Net Operating Income: 28759.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Carpet: 1
  • Number With Patio: 3
  • Operating Expense: 10841.00
  • Rent Control: Yes
  • Total Actual Rent: 3300.00

Tax Info

  • New Taxes Expense: 1278.00
  • Tax Lot: 7
  • Tax Tract Number: 3703

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
11/23/2016 11/23/16 Sold $710,000 -5.3% $305 / Sq Ft
09/30/2016 09/30/16 Pending -- -- --
08/17/2016 08/17/16 Price Changed $749,900 -6.3% $322 / Sq Ft
08/01/2016 08/01/16 For Sale $799,900 -- $344 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2016

    Claudiu Giorgioni

    First Team Real Estate

  • N

    Buyer's Agent in 2016

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    2 in this area

    5,818 Total Sales

    NoEmail NoEmail
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16169329

California Regional Multiple Listing Service (CRMLS)

APN: 133-442-13

California Orange County Garden Grove 92841 Koreatown

8861 Anthony Ave, Garden Grove, CA

This home is located at 8861 Anthony Ave, Garden Grove, CA 92841 since 01 August 2016. This property was built in 1961. 8861 Anthony Ave is a home located in Orange County with nearby schools including Stanford Elementary School, Alamitos Intermediate School, and Rancho Alamitos 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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