9851 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 06, 2024
Status
CLOSED
MLS#
OC23227440
Year Built
1963
Lot Size
11,167
Acres
0.26
Lot Location
Garden
Days on Market
0
Property Type
Multifamily
Property Sub Type
Quadruplex
Stories
Two Levels
Neighborhood
Casa Linda (Csln)

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. Owner to sell as is. All four units have long term housing tenants which provides for steady solid income. Upside opportunity to increase rent to increase rent value. All tenant units are currently on month to month leases. 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!

Additional Information

Pool Description
None
Cooling
Yes
Cooling Description
Electric, Gas
View
None
Garage Spaces Total
5
Sewer
None
Water
Public
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$88,200
Operating Expense
6550

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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Calculator source: Real Geeks

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.