$2,150,000
$2,350,000
8.5%For more information regarding the value of a property, please contact us for a free consultation.
10,018 Sqft Lot
SOLD DATE : 01/12/2024
Key Details
Sold Price $2,150,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Subdivision ,Other
MLS Listing ID NP23197814
Sold Date 01/12/24
HOA Y/N No
Year Built 1960
Lot Size 10,018 Sqft
Property Description
8-Unit apartment complex situated in a prime Garden Grove Location. With two 2 bedroom / 1 bath units and six 1 bedroom / 1 bath Units. Each unit comes with 1 garage space. Property also offers Community Laundry. Six of the units pay 10% of the water bill.
Nestled in an area with consistently high rental demand, ensuring a steady income stream. The combination of its strategic location and its well-maintained state makes it a standout choice for discerning investors eager to enhance their portfolio. Given the property’s attributes and the burgeoning demand in the Garden Grove area, this apartment complex presents robust investment potential.
This is an opportunity not to be missed, especially for those keen on substantial and sustained returns.
Location
State CA
County Orange
Area 62 - Garden Grove N Of Chapman, W Of Euclid
Rooms
Ensuite Laundry Common Area
Interior
Laundry Location Common Area
Heating Wall Furnace
Fireplaces Type None
Fireplace No
Appliance Disposal
Laundry Common Area
Exterior
Garage Garage
Garage Spaces 8.0
Garage Description 8.0
Pool None
Community Features Curbs, Street Lights, Suburban, Sidewalks
Utilities Available Cable Available, Electricity Available, Electricity Connected, Phone Available, Sewer Available, Sewer Connected, Water Available, Water Connected
Roof Type Composition
Parking Type Garage
Total Parking Spaces 8
Private Pool No
Building
Story 2
Entry Level Two
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 13241315
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Energy Description 2287.0
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash
Special Listing Condition Standard
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Bought with Ryan Khosh • Berkshire Hathaway HomeService