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$1,600,000
Est. payment /mo
9 Beds
4 Baths
9,982 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW26146108
Bedrooms 9
Lot Size 9,982 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Exceptional value-add 4-unit investment opportunity in the heart of Garden Grove! This well-located multifamily property features an attractive unit mix of (2) 3-bedroom/1.25-bath, (1) 2-bedroom/1-bath, and (1) 1-bedroom/1-bath units totaling approximately 4,517 square feet on a 9,982 square foot lot. The property has recently undergone a complete exterior repaint, enhancing curb appeal and minimizing immediate maintenance. One vacant and beautifully updated 1-bedroom/1-bath unit is move-in ready with new flooring, fresh interior paint, an updated kitchen with new countertops and appliances, a remodeled bathroom, and a private patioproviding an excellent opportunity for an owner-occupant or investor to immediately lease at market rent. Current in-place rents offer significant upside potential through natural tenant turnover, making this an attractive investment with long-term income growth. Additional features include 5 covered carport parking spaces, gated rear access, private patios, and an appealing low-maintenance exterior. Ideally situated near shopping, dining, schools, employment centers, and with convenient access to the 22, 5, 57, and 405 freeways, this is a rare opportunity to acquire a quality multifamily asset in one of Orange Countys strongest rental markets.
Location
State CA
County Orange
Zoning Assessor
Direction S of Chapman Ave, N of Garden Grove Blvd, E of Brookhurst St
Interior
Heating Radiant
Fireplace No
Exterior
View Y/N No
Roof Type Composition
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 08966208
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Listed by Juan Huizar, DRE#01417642 Sage Real Estate Group, Inc.
NEARBY SCHOOL & BUSINESS
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