11662 Stuart Drive, Garden Grove, CA 92843
- $3,720,000
- Sold Price
- $3,720,000
- List Price
- $3,980,000
- Closing Date
- May 20, 2025
- Status
- CLOSED
- MLS#
- AR24137900
- Year Built
- 1960
- Lot Size
- 19,166
- Acres
- 0.44
- Lot Location
- Garden
- Days on Market
- 220
- Property Type
- Multifamily
- Property Sub Type
- Apartment
- Stories
- Two Levels
Property Description
Location, location, location !! Well kept 16-unit multifamily investment property located in the heart of Garden Grove. Spanning a 0.43-acre lot, the property comprises 16 one-bedroom units, collectively offering 9,288 square feet of living area. The units are always fully leased, feature newer windows, sleek color front doors and approximately 10 units have been renovated with modern laminate wood flooring. The property provides gated access for added security, includes 10 garages and 6 carports with convenient alley access. Tenants can enjoy a spacious courtyard equipped with a BBQ area for entertaining. Additionally, there are 6 onsite laundry machines and 2 newer water heaters. Its highly convenient location makes this property an attractive option for both potential tenants and investors.
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Additional Information
- Pool Description
- None
- Garage Spaces Total
- 10
- Sewer
- Unknown
- Water
- Public
- Attached Structure
- Detached
- Number Of Units Total
- 16
- Gross Scheduled Income
- $303,852
- Operating Expense
- 80610
Listing courtesy of Listing Agent: Margaret Lee (mlee0199@gmail.com) from Listing Office: CBD Investment Inc..
Listing sold by OUT OF AREA ARCADIA from OUT OF AREA OFFICE
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.