$2,000,000
$1,999,999
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0.74 Acres Lot
SOLD DATE : 03/24/2021
Key Details
Sold Price $2,000,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Subdivision Other (Othr)
MLS Listing ID PW20216271
Sold Date 03/24/21
HOA Y/N No
Year Built 1948
Lot Size 0.740 Acres
Property Description
4 HOUSES on a 32,426 sq. ft. lot. ***OPPORTUNITY KNOCKS***Don’t miss out on this unique opportunity to invest in this property in Garden Grove. Close to Coastline Community College, Community Center Park, restaurants, shops and downtown Garden Grove. It is perfect for an investor looking to acquire a property and maximize its income potential. The subject property has 3 SFR 1 bedroom/1 bath units and offers tenants onsite parking. It also features a main house with 1500 square feet of living space. All units are separately metered for gas and electricity which keeps landlord operating expenses to a minimum. Current ownership has maintained the rental rates well below the market level and with the right strategy and approach, a new investor can take advantage of a significant repositioning opportunity. This would be a fantastic addition to any investor’s portfolio. This is a must see!
Location
State CA
County Orange
Area 63 - Garden Grove S Of Chapman, W Of Euclid
Interior
Fireplace No
Laundry None
Exterior
Garage Attached Carport, Concrete, Driveway
Carport Spaces 1
Pool None
Community Features Suburban
View Y/N No
View None
Total Parking Spaces 7
Private Pool No
Building
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 08920114
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Financing Conventional
Special Listing Condition Standard
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Bought with Minh Thu Dinh • Minh Thu Dinh, Broker
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "