9861 Central Avenue, Garden Grove, CA 92844

$1,731,000

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Sold Price
$1,731,000
List Price
$1,799,000
Closing Date
Mar 07, 2024
Status
CLOSED
MLS#
OC23227383
Year Built
1963
Lot Size
11,326
Acres
0.26
Lot Location
Yard
Days on Market
0
Property Type
Multifamily
Property Sub Type
Quadruplex
Stories
Two Levels
Neighborhood
Unknown

Property Description

TREMENDOUS OPPORTUNITY TO OWN INCOME PRODUCING FOURPLEX! PRICE REDUCED! Proudly presenting a fantastic opportunity to own this lucrative wealth building machine! Located in a highly sought after area, prime location near the 22 freeway on Brookhurst St. between Garden Grove Blvd and Westminster Ave. Conveniently close to shopping centers and all the amenities you need. All four units have long term housing tenants which provides for steady solid income. Upside opportunity to increase rent to increase rent value. All tenants are currently on month to month leases. Owner to sell as is. Four units features unit 1. 2 bed 2 full bath, unit 2. 2 bed 2 full bath unit3. 3 bed 2 fullbath unit 4. 1 bed 1 full bath. Five attached garage parking with additional guest parking. Owner prefers to sell 9851 Central ave which has four units along with 9861 which also has four units as a package but will also sell separately. This amazing asset located in a prime area makes this fourplex a hot commodity in the rental market. Take advantage of this once in a lifetime opportunity! Please submit all offers with POF/pre-approval to Mr. Tony Phong at tonyphongrealtor@gmail.com

Additional Information

Pool Description
None
Garage Spaces Total
5
Sewer
None
Water
Public
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$83,760
Operating Expense
8550

Listing courtesy of Listing Agent: Tony Phong (tonyphongrealtor@gmail.com) from Listing Office: eXp Realty of Greater Los Angeles, Inc..

Listing sold by Kristal Ralston from Redfin

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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.