UPDATED:
11/25/2024 05:04 PM
Key Details
Property Type Condo
Listing Status Active
Purchase Type For Sale
Square Footage 2,590 sqft
Price per Sqft $598
MLS Listing ID OC24234067
Style All Other Attached
Bedrooms 8
Full Baths 5
HOA Y/N No
Year Built 2024
Lot Size 7,000 Sqft
Acres 0.1607
Property Description
Incredible 4-UNIT investment property nestled in the highly desirable neighborhood of Garden Grove. Unit 1-BRAND NEW CONSTRUCTION: 4BED / 2 BATH, approx. 1,200SF, 1 Car Garage + 2 Car Driveway. Current Rent: $3,900/month. Unit 2- MAIN HOUSE: 2BED / 1BATH, approx. 700SF, 2 Car Driveway. Market Rent: $2,200/month. Unit 3-STUDIO A: Attached to the Main House- Full Kitchen & Bathroom, includes Washer & Dryer Machine. Market Rent: $1600/month. Unit 4-STUDIO B: Attached to the Main House- Full Kitchen & Bathroom, includes Waher & Dryer Hookups. Market Rent: $1500/month. ADU has an open floor plan, vinyl flooring, recessed lighting, walk-in closets, A/C, washer/dryer hookups. Separate Gas and Electric meters; Tenants pay for all utilities. Maintenance will be hassle-free for the next 10+ years. Perfect for first time homeowners looking to live in one unit and rent out the other two units. Ideal choice for 1031-exchange opportunity, homeowners and investors. Don't miss this profitable opportunity!
Location
State CA
County Orange
Area Oc - Garden Grove (92843)
Interior
Interior Features Recessed Lighting
Cooling Central Forced Air
Flooring Linoleum/Vinyl
Fireplaces Type FP in Living Room
Equipment Microwave, Gas Range
Appliance Microwave, Gas Range
Exterior
Garage Spaces 1.0
Roof Type Asphalt
Total Parking Spaces 5
Building
Lot Description Sidewalks
Story 1
Lot Size Range 4000-7499 SF
Sewer Public Sewer
Water Public
Level or Stories 1 Story
Others
Monthly Total Fees $41
Acceptable Financing Cash, Conventional, FHA, Cash To New Loan
Listing Terms Cash, Conventional, FHA, Cash To New Loan
Special Listing Condition Standard