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In-PersonVirtual Tour
$ 2,499,000
Est. payment | /mo
1 Bed
1 Bath
$ 2,499,000
Est. payment | /mo
1 Bed
1 Bath
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC25080094
Bedrooms 1
Property Sub-Type Res Income 2-4 Units
Property Description
PRIDE OF OWNERSHIP ASSET AT A 6.02% CAP RATE ON ACTUALS! We are pleased to offer for sale this well-located property in the highly desirable rental market of Garden Grove. This asset provides a unit mix of 1 bedroom units that have ALL been completely gutted and renovated with ENTIRELY new kitchens, bathrooms, and flooring! The exterior has also been completely renovated with a new roof, fascia, paint, stucco, vinyl windows, entry doors, garage doors, exterior lighting and new concrete throughout the entire property. The entire property was also just recently re-plumbed with new gas lines for each unit. There is also a renovated laundry room with two washers and two dryers that are owned! Each unit also includes A/C units. There are also garages for each unit for tenants to enjoy. There is also a RUBs program in place for tenants to reimburse the owner for utilities which keeps operating expenses low.
Location
State CA
County Orange
Zoning Assessor
Direction Located off of Garden Grove Blvd. & Rockinghorse Rd.
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Tax ID 10050102

Listed by Ruben Khorsandi Alliance Investment RE Group
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