Property listed by Sage Real Estate Group, Inc., Juan Huizar 562-307-0838
$1,600,000
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… Read More 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 patio—providing 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 County’s strongest rental markets. Read Less
Listing Snapshot
Days Online
18
Last Updated
Property Type
Quadruplex
Lot Size
0.23 Acres
Year Built
1962
MLS Number
PW26146108
Additional Details
Building
Built in 1962, 1 building, Building faces East, 2 stories, Levels: Two, Entry level: 1, Entry location: 1
ElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected, Water Source: Public, ElectricityOnProperty, 4 separate electric meters, 4 separate gas meters
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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.
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