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PRIDE OF OWNERSHIP ASSET AT A 5.34% 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. 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.
Property Type(s):
Residential Income
| Last Updated | 10/3/2024 | Tract | ,None |
|---|---|---|---|
| Year Built | 1959 | Community | Garden Grove E of Euclid, W of Harbor |
| Garage Spaces | 8.0 | County | Orange |
Additional Details
| AREA | Garden Grove E of Euclid, W of Harbor |
|---|---|
| GARAGE | Yes |
| HOA DUES | 0 |
| LOT | 10454 sq ft |
| LOT DESCRIPTION | 6-10 Units/Acre, Corner Lot |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | ,None |
Location
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Listed with Alliance Investment RE Group
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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