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    10771 Acacia

    Garden Grove, CA 92840
    • $1,800,000 - $1,999,999
    • STATUS: Active
    • ON SITE: 13 days
    • ID#: PW20216271
    UPDATED: 73 min ago
    $1,800,000 - $1,999,999
    • 0
      BEDS
    • 0.74
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,900
      SQFT
    • $513
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1948
    County:

    School Ratings & Info

    Description

    4 HOUSES on a 32,426 sq. ft. lot. ***OPPORTUNITY KNOCKS***Don+GGt 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+GGs portfolio. This is a must see!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-29T18:32:14.433. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.

    www.therealestategirl.com/homes/111061688
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    10771 Acacia Garden Grove, CA 92840

    • Price: $1,800,000 - $1,999,999
    • Status: Active
    • Updated: 73 min ago
    • ID#: PW20216271
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.74
    Acres
    3,900
    SQFT
    $513
    $/SQFT
    1948
    Built
    Neighborhood:
    Other (Othr)
    County:
    Orange
    Area:
    63 - Garden Grove S of Chapman, W of Euclid
    Property Description
    4 HOUSES on a 32,426 sq. ft. lot. ***OPPORTUNITY KNOCKS***Don+GGt 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+GGs portfolio. This is a must see!
    Exterior Features

    Carport Spaces 1.00 Garage Spaces 0.00 Lot Features Lot 20000-39999 Sqft Lot Size Source Assessor Lot Size Units Square Feet Parking Features Attached CarportDrivewayConcrete Parking Total 7.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN No Uncovered Spaces 6.00 View None View YN No

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area 900 Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Laundry Features None Levels Two

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Cable Tv Expense 0.00 Community Features Suburban Country Us Electric Expense 300.00 Elevation Units Feet Fuel Expense 0.00 Furniture Replacement Expense 0.00 Gardener Expense 0.00 Gross Income 0.00 Gross Scheduled Income 40320.00 Insurance Expense 1400.00 Land Lease YN No Laundry Income 0.00 Laundry YN No Net Operating Income 34820.00 New Construction YN No New Taxes Expense 0.00 Number Of Separate Electric Meters 4 Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Number Of Units Leased 3 Operating Expense 5500.00 Property Sub Type Single Family Residence Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Subdivision Name Other / Tenant Pays SewerTrash CollectionWater Total Actual Rent 40320.00 Total Expenses 5500.00 Trash Expense 2400.00 Water Sewer Expense 1400.00 Water Source Public Year Built Source Assessor

    Listing provided courtesy of Darryl Jones of Era North Orange County and Candace Clark of Era North Orange County


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-29T18:32:14.433. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.

     
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