T
Seller's Agent in 2024
Tony Phong
First Team Real Estate
(949) 988-3000
12 Total Sales
9851 Central Ave Garden Grove, CA 92844
8
Beds
7
Baths
4,060
Sq Ft
0.26
Acres
Highlights
- No HOA
- Cooling System Powered By Gas
- Laundry Room
- Sunnyside Elementary School Rated A
- Living Room
- Garden
About This Home
As of March 2024TREMENDOUS OPPORTUNITY TO OWN INCOME PRODUCING FOURPLEX! PRICE REDUCED! Proudly presenting a fantastic opportunity to own this lucrative wealth building machine! Located in a highly sought after area, prime location near the 22 freeway on Brookhurst St. between Garden Grove Blvd and Westminster Ave. Conveniently close to shopping centers and all the amenities you need. Owner to sell as is. All four units have long term housing tenants which provides for steady solid income. Upside opportunity to increase rent to increase rent value. All tenant units are currently on month to month leases. Four units features unit 1. 2 bed 2 full bath, unit 2. 2 bed 2 full bath unit3. 3 bed 2 fullbath unit 4. 1 bed 1 full bath. Five attached garage parking with additional guest parking. Owner prefers to sell 9851 Central ave which has four units along with 9861 which also has four units as a package but will also sell separately. This amazing asset located in a prime area makes this fourplex a hot commodity in the rental market. Take advantage of this once in a lifetime opportunity!
Last Agent to Sell the Property
First Team Real Estate Brokerage Phone: 714-234-3012 License #01744753 Listed on: 12/18/2023
Last Buyer's Agent
Kristal Ralston
Redfin License #02015158
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1963
Lot Details
- 0.26 Acre Lot
- Two or More Common Walls
- Garden
Parking
- 5 Car Garage
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 4,060 Sq Ft Home
- 2-Story Property
- Living Room
Bedrooms and Bathrooms
- 8 Bedrooms
- 7 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Location
- Suburban Location
Utilities
- Cooling System Powered By Gas
- Sewer Not Available
Listing and Financial Details
- Tax Lot 4
- Tax Tract Number 4668
- Assessor Parcel Number 09853112
- $1 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 4 Units
- Casa Linda Subdivision
Building Details
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Electric Expense $600
- Insurance Expense $2,000
- Trash Expense $2,250
- Water Sewer Expense $2,500
- Operating Expense $7,350
- Gross Income $8,160
- Net Operating Income $81,650
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Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/06/2024 03/06/24 | Sold | $1,731,000 | -3.8% | $426 / Sq Ft |
| 02/03/2024 02/03/24 | Pending | -- | -- | -- |
| 02/01/2024 02/01/24 | Price Changed | $1,799,000 | -2.2% | $443 / Sq Ft |
| 12/18/2023 12/18/23 | For Sale | $1,839,000 | -- | $453 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $10,866 | $1,765,620 | $1,574,655 | $190,965 |
| 2024 | $10,866 | $822,402 | $635,181 | $187,221 |
| 2023 | $10,660 | $806,277 | $622,727 | $183,550 |
| 2022 | $10,431 | $790,468 | $610,517 | $179,951 |
| 2021 | $10,321 | $774,969 | $598,546 | $176,423 |
| 2020 | $10,185 | $767,023 | $592,409 | $174,614 |
| 2019 | $9,999 | $751,984 | $580,793 | $171,191 |
| 2018 | $9,803 | $737,240 | $569,405 | $167,835 |
| 2017 | $9,670 | $722,785 | $558,240 | $164,545 |
| 2016 | $9,207 | $708,613 | $547,294 | $161,319 |
| 2015 | $9,080 | $697,969 | $539,073 | $158,896 |
| 2014 | $8,863 | $684,297 | $528,513 | $155,784 |
Source: Public Records
Agents Affiliated with this Home
-
Tony Phong
-
Kristal Ralston
K
Buyer's Agent in 2024
Kristal Ralston
Redfin
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC23227440
APN: 098-531-12
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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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