For more information on this property,
contact Jignesh Patel at 2134532572 or Jack@Patelcregroup.com
14052
Buena Street,
Garden Grove,
California
CA
92843-4326
Sold For: $1,600,000
Listing ID SB22188445
Status Closed
Sold Date 10/05/2022
Price/SqFt $431.62
SqFt 3,707
Acres 0.234
Year Built 1961
Property Description:
Great Investment Opportunity in the City of Garden Grove!! 4-unit Apartment building near Disneyland, Beaches, John Wayne airport, and Freeways. The property features a great unit mix consisting of (4) 2-bed/1.5bath townhome style units. Two units have their own patio with entrance. Sellers have completed many upgrades to the property including new exterior paint, Roof, and changed 2 central heating units. There are 6 shared parking spots and 4-single car garages in the back of the building that could be potentially converted to an ADU(buyer to verify with city of Garden Grove if possible). Each unit is individual metered for electricity and gas. 2 of the existing tenants lease expires 9/1/2022, the other 2 tenants lease expire 10/1/2022 , and all are current on their rent. Don't miss out on this great investment property with great potential for any investor to add to their portfolio. This one will move fast!!!
Primary Features
County:
Orange
Price/SqFt:
431.62
Property Sub Type:
Quadruplex
Property Type:
Residential Income
Year Built:
1961
Interior
Average 1 Bed Area Units:
Square Feet
Average 2 Bed Area Units:
Square Feet
Average 3 Bed Area Units:
Square Feet
Average Studio Area Units:
Square Feet
Building Area Units:
Square Feet
Common Walls:
2+ Common Walls
Fireplace:
no
Fireplace Features:
None
Garage Spaces:
4
Heating:
yes
Heating Type:
Central
Laundry:
yes
Laundry Features:
Community
Levels:
Two
Stories Total:
2
External
Lot Features:
2-5 Units/Acre
Lot Size Area:
10204
Lot Size Source:
Assessor
Lot Size Square Feet:
10204
Number Of Buildings:
1
Parking:
no
Parking Features:
None
Parking Total:
10
Pool Features:
None
Private Pool:
no
Property Attached:
yes
Sewer:
Public Sewer
Uncovered Spaces:
6
Water Source:
Public
Location
Country:
US
Elevation Units:
Feet
MLS Area Major:
699 - Not Defined
Additional
Additional Parcels:
no
Assessments:
None
Community Features:
Sidewalks
Days On Market:
14
List Agent State License:
01941349
List Office State License:
01978196
Lot Size Units:
Square Feet
New Construction:
no
Number Of Separate Electric Meters:
5
Number Of Separate Gas Meters:
5
Number Of Separate Water Meters:
1
Number Of Units Leased:
4
Number Of Units Total:
4
Parcel Number:
19811202
Senior Community:
no
Start Showing Date:
2022-08-31T00:00:00+00:00
Utilities:
Electricity Connected, Natural Gas Connected, Water Connected
Year Built Source:
Assessor
Financial
Electric Expense:
1061
Gross Operating Income:
88755
Gross Scheduled Income:
91500
Insurance Expense:
1500
Land Lease:
no
Laundry Income:
200
Maintenance Expense:
2800
Net Operating Income:
60099
New Taxes Expense:
21173
Operating Expense:
28656
Price Per Unit:
387500
Rent Control:
yes
Special Listing Conditions:
Standard
Tax Census Tract:
891.04
Tax Lot:
99
Tax Tract Number:
3337
Tenant Pays:
Cable TV, Electricity, Gas
Total Actual Rent:
7375
Total Expenses:
28656
Trash Expense:
1061
Vacancy Allowance:
2745
Water Sewer Expense:
1061
Zoning Info
Area Info
© 2024. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to 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. Any correspondence from IDX pages are routed to Realty One Group United or one of their associates. Last updated Tuesday, April 16th, 2024.
Based on information from CARETS as of Tuesday, April 16th, 2024 01:17:50 PM. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. 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.
Based on information from CARETS as of Tuesday, April 16th, 2024 01:17:50 PM. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. 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.
Contact - Listing ID SB22188445
Jignesh Patel
9001 Firestone Boulevard, 2nd Floor
Downey, CA 90241
Phone: 2134532572
Phone Alt: 2134532572
Data services provided by IDX Broker
